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127 Crystal Street
About This Property
As you enter the first floor you are greeted by the expansive sun drenched living area which provides great space for entertaining. The custom built entertainment center is adorned with acoustic wall panels, LED lights and LED fireplace. The dining area leads into the stunning kitchen any chef will love. Kitchen features floor to ceiling custom cabinetry, adorned with a full fleet of stainless steel appliances, and leads out into lush rear yard. Powder room on first floor for your guest.
Up a flight of stairs onto the second floor 3 spacious bedrooms awaits you, each equipped with ample closet space. The elegant primary suite is equipped with a double closets, and a private en suite that provides spa like finishes. Down the hall a additional bathroom is adorned with state of the art wall & floor tiles and shared between the additional bedrooms. The second floor also has a designated laundry room.
The high ceiling full finished basement has both interior and exterior access. This space can be used as the perfect in-law suite, ADU, guest quarters, media den, or additional recreational space.
Renovations include brand new select wide oak wood flooring, recessed lighting, designer acoustic wall panels, LED Lighting, energy efficient split unit A/c Systems.
This masterfully reimagined townhouse is conveniently located with close proximity to major transportation which makes commuting a breeze. Short blocks to Pitkin avenue, Glenmore Avenue, Liberty Avenue, Conduit Blvd. Quick, easy access to JFK Airport, schools, shopping centers, restaurants, cafes, parks and many other vibrant neighborhood amenities.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 23, 2026 | Listed by Keystone Realty USA Corp | $899,000 | |
| Listed by Keystone Realty USA Corp | |||
| Jun 3, 2026 | Sold | ||
| Sold | |||
| Dec 6, 2025 | In contract | - | |
| In contract | |||
| Oct 27, 2025 | Price Decreased |
$600,000
↓ $75K
(11.1%) | |
| Price Decreased | |||
| Sep 8, 2025 | Listed by Compass | $675,000 | |
| Listed by Compass | |||
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***Bring All Offers*** Ask About the 10% Down NO PMI Rehab Loan Product
Discover an exceptional Brooklyn development opportunity at 127 Crystal Street, ideally located in the heart of East New York. This property presents multiple build out options, making it perfect for investors, developers, or end users looking to design a custom townhouse or multi-family residence in one of Brooklyn’s fastest-growing neighborhoods.
With low annual property taxes ($2,691) and 1,760 square feet of additional air rights, the site allows for significant expansion potential ideal for creating rental units, condo conversions, or luxury townhome developments.
Enjoy unbeatable convenience with close proximity to Broadway Junction, Atlantic Avenue, and Jamaica Avenue, providing quick access to A, C, J, Z, and L train lines. Trendy cafés, restaurants, grocery stores, and parks are all just moments away, making this an ideal location for future homeowners and tenants alike.
Whether you’re an investor seeking high ROI potential or a buyer looking to build your dream home, 127 Crystal Street delivers rare flexibility and long-term value in a vibrant, transit-rich Brooklyn corridor.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017