361 Crescent St, Brooklyn, NY 11208

This mixed-use property in Cypress Hills consists of one commercial unit and three residential units. Two of the apartments are floor-through three-bedroom railroads, and the other is a one-bedroom ground floor unit. The 650 square foot retail unit, with a new tenant on a ten-year lease, has large window frontage, great visibility, and plenty of foot traffic, as it sits on busy Crescent Street. The space is equipped with commercial kitchen features, a walk-in box and freezer, venting, a basement with street level access, and an operational gas line, making it perfect for a take-out restaurant or a ghost kitchen. The 20' X 55' building sits on a 20' X 80' lot and has 3,300 total square feet. It is a short walk from the J and Z trains at Crescent Street and the A and C trains at Euclid Avenue, and the B13 has a stop on the block. This property is a steal and a great investment opportunity with a potential cap rate of 6.6%.