Asset CRG Advisors, LLC has been exclusively retained to market 99 Dumont Ave & 499 Pennsylvania Ave, two newly constructed, walk-up multifamily properties in Brooklyn, comprising 19 total residential units.
99 Dumont Ave: Four-story, 10-unit residential building totaling approximately 6,161 SF and completed in 2025.
499 Pennsylvania Ave: Four-story, 9-unit multifamily building totaling approximately 7,190 SF and completed in 2025.
Both properties are fully occupied and income-producing, offering immediate in-place cash flow.
Both properties benefit from a 421-a tax exemption through 2061, providing significant long-term tax savings.
Conveniently located near Saratoga Avenue Station (3 trains) and Pennsylvania Avenue Station (3 trains), providing convenient access throughout Brooklyn and to Manhattan.