- For Sale $10,000,000
- Property Type Multi-Family
- Property Size 13,351 SF
- Units 20
- Lot Size 0.1 Acre
- Year Built 2025
- Year Renovated 2026
- Date Updated Sep 24, 2026
Description
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Highlights
- 499 Pennsylvania Ave benefits from a 421-a tax exemption through 2061, providing significant long-term tax savings.
- 499 Pennsylvania Ave: Four-story, 9-unit multifamily building totaling approximately 7,190 SF and completed in December 2025.
- 99 Dumont Ave: Four-story, 10-unit residential building totaling approximately 6,161 SF and completed in July 2026.
- Both properties are fully occupied and income-producing, offering immediate in-place cash flow.
- Conveniently located near Saratoga Avenue Station (3 trains) and Pennsylvania Avenue Station (3 trains), providing convenient access throughout Brooklyn and to Manhattan.
- Two newly constructed, walk-up multifamily properties in Brooklyn, comprising 19 total residential units.
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Contacts
Sadya Liberow
Asset CRG Advisors
Location
Located at 99 Dumont Ave & 499 Pennsylvania Ave, Brooklyn, NY 11212, this property is part of the Brownsville neighborhood and Brooklyn market.
Contact Listing Broker
Sadya Liberow
Asset CRG Advisors
