48 Crescent Street

$1,095,000

for sale

Price Drop$100,000

2,070 ft²

$528 per ft²

7 rooms

5 beds

4 baths

Two-family home
Cypress Hills
Resale

Listing by Douglas Elliman, Limited Liability Broker, 304 Merrick Road, Rockville Centre, NY 11570 | Brokerage Listing ID: DERE71

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Common charges

Not applicable

Estimated payment

$6,200/mo

Taxes

No info

Tax abatement

No info

About

Seller’s agent

Danial Nadeem

Licensed Real Estate Salesperson

Douglas Elliman

Description

Welcome to 48 Crescent Street, a versatile income-producing property in the heart of Cypress Hills, Brooklyn. Offering established rental income, a spacious layout, and promising long-term potential across three thoughtfully utilized levels. This turnkey investment opportunity generates strong cash flow with combined monthly rents well exceeding $6,000. The first-floor unit features 2 bedrooms and 2 full bathrooms, leased through July 2027.

Policies

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Home features

Dishwasher
Hardwood floors

Building amenities

No info on building amenities

About the building

48 Crescent Street

48 Crescent Street, Brooklyn, NY 11208

Two-family house in Cypress Hills

2 units

3 stories

2007 built

For sale

1 available units for sale

For rent

0 available units for rent

Documents and permits

View documents and permits

Learn more about 48 Crescent Street

Property history

Price change: ↓ $100,000 (-8.4%) on 10/20/26
Days on market: 41 days

Date	Price	Event
10/20/2026	$1,095,000	Price decreased by 8%
10/20/2026	$1,195,000	Listed by Douglas Elliman
10/20/2026	$1,195,000	Temporarily off market
10/19/2026	$1,195,000	Delisted by Douglas Elliman
9/12/2026	$1,195,000	Listed by Douglas Elliman

Explore Cypress Hills

Transit

Location	Distance
Jat Cypress Hills	under 500 feet
JZat Crescent St	0.32 miles
JZat Elderts Lane–75th St	0.44 miles
JZat Norwood Av	0.52 miles
Jat Forest Parkway–85th St	0.83 miles