Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
958 Crescent Street
Interested in this property?
Active For Sale Multi Family

$815,000

958 Crescent Street

East New York, Brooklyn

MLS® #RLS20074177

RLS at REBNY

Listing by Corcoran Group

8

Bedrooms

4.5

Baths

N/A

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 8
Bathrooms 5 full, 1 half
Lot Size 4,000 sq ft
Year Built N/A
Ownership None
Property Taxes $5,244/yr
Parking Garage
Neighborhood East New York
Floor 1 of 2

Property Highlights

  • Views: Other

Property Details

Type Multi Family
Ownership None
Total Rooms 12
Baths 4 Full, 1 Half
Floor 1 of 2
View Other
Pets Yes
Parking Features Garage
Structure Type Townhouse
Furnished Unfurnished
Lot Size 4,000 sq ft
Parcel # 04528-0031
Block/Lot 04528/0031

Listing History

Event Date Price Change
Listed Feb 28, 2026 $815,000 -
Currently Jul 9, 2026 $815,000 -

Description

958 Crescent Street Oversized Corner Lot 3 Units 4,000 Buildable Sq Ft Parking for 2 Cars Sitting proudly on a sprawling 40 x 100 corner lot, 958 Crescent Street presents a rare opportunity to reimagine and maximize a substantial Brooklyn property with approximately 4,000 square feet of buildable potential. The existing structure spans 20 x 65 and is currently built out to roughly 2,600 square feet, offering significant upside for expansion and redevelopment. This three-unit home is ideal for investors, developers, or end-users looking to create a custom multi-generational residence or high-yield income property. Current Configuration Owner's Duplex + Basement Main level: 3.5 bedrooms, 1.5 bathrooms Spacious kitchen, dining room & oversized living room Direct access to the expansive wraparound yard Half-finished basement featuring: Recreation room 3 storage rooms (previously finished; requires full renovation) Full bathroom Additional kitchen Second Floor Two 2-bedroom apartments Full bathrooms Large kitchens Spacious living rooms Generously sized bedrooms Outdoor & Lot Features Massive wraparound yard with access from the duplex Gated entry Parking for 2 cars Corner exposure offering light and design flexibility This property requires a full renovation, making it a blank canvas for: Expansion to maximize FAR Luxury multi-unit conversion High-income rental investment End-user customization with rental income Potential condo conversion (subject to architect & zoning review) With substantial unused buildable square footage, oversized lot dimensions, and parking - this is the type of asset seasoned investors actively seek.

Features & Amenities

Interior Features

Smoke Free Washer Hookup See Remarks

Exterior Features

Private Outdoor Space Over60 Sqft

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units 3
Stories 2
Structure Townhouse

Financial Details

RE Taxes $5,244/yr ($437/mo)

East New York offers a wide range of housing types including semi-detached homes, two-to-four-family houses, brick rowhouses, and new affordable construction developments along major corridors like Atlantic and Pennsylvania Avenues. The neighborhood has strong transit coverage with the 2, 3, 4, and 5 trains on the New Lots Line and the L train along the Canarsie Line, plus the major transfer hub at Broadway Junction. Shirley Chisholm State Park on Jamaica Bay and Spring Creek Park provide waterfront green space along the neighborhood's southern edge.

East New York Live Market Data

View Neighborhood

Active Listings

18

Median Asking Price

$850K

Median $/Sqft

$378

Avg Days on Market

N/A

New This Week

0

Price Reduced

17%

Sold (30 Days)

2

Median Sale Price

$1.05M

Live data from RLS at REBNY • Updated 7/9/26, 12:28 AM EST

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Location

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958 Crescent Street, East New York, Kings County

Building Information

Official NYC property records for this building

1920
Year Built
106 years old
2
Floors
3
Residential Units
R4
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $54,360
Land Value: $14,340
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 4,000 SF
Building Area: 2,600 SF
Built FAR: 0.65
Allowed FAR: 1

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $5,244, or roughly $437 per month. Verify the current assessment with your attorney before closing.

This property has 8 bedrooms and 4 full bathrooms and 1 half bathroom.

This listing is None

Pet policy requires confirmation with the listing broker. Additional notes: UnitNo

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20074177
First Listed: 2/28/2026
On Market: 2/28/2026
Price Changed: 2/28/2026
Contract Date: 2/28/2026

Listing Courtesy of Corcoran Group - Erica Nieves

Listing Contact: (646) 764-6094

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 7/9/2026 at 4:28 AM UTC

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