Active For Sale • Multi Family

$815,000

958 CRESCENT Street

New Lots, Brooklyn

MLS® #RLS20074177

Listing by Corcoran Group

8

Bedrooms

5.5

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 New Lots

Floor 1 of 2

Property Highlights

• Views: Other
• Parking: Private garage

Property Details

Type Multi Family

Ownership None

Total Rooms 12

Baths 4 Full, 1 Half

Floor 1 of 2

View Other

Pets Yes

Parking Garage Available

Structure Type Townhouse

Basement Other

Lot Size 4,000 sq ft

Parcel # 04528-0031

Block/Lot 04528/0031

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 In Unit

Exterior Features

Private Outdoor Space Over60 Sqft

Building Amenities

Green Building

Building Information

Total Units 3

Stories 2

Structure Townhouse

Financial Details

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

About New Lots

View All New Lots Listings

New Lots occupies the eastern edge of Brooklyn with prewar brick rowhouses, newer townhome construction, and apartment buildings along a residential grid between Linden Boulevard and New Lots Avenue. The 3 train terminates at New Lots Avenue station, offering a direct ride to Downtown Brooklyn and Manhattan. Shirley Chisholm State Park and the Gateway National Recreation Area provide large-scale green space and waterfront trails to the south.

New Lots Live Market Data

View Neighborhood

Active Listings

6

Median Asking Price

$535K

Median $/Sqft

$444

Avg Days on Market

N/A

New This Week

0

Price Reduced

0%

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 3/20/26, 12:31 AM EST

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Location

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958 CRESCENT Street, New Lots, Kings County

NYC Zoning • Google Maps • Street View

Data Sources & Methodology

Listing Data

RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.

Market Data

RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.

Map & Location

OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.

All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.

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.

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RLS Data display by Keller Williams NYC. Data last updated on 3/20/2026 at 4:31 AM UTC