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 July 2026.
- 499 Pennsylvania Ave: Four-story, 9-unit multifamily building totaling approximately 7,190 SF and completed in December 2025.
- Both properties are fully occupied and income-producing, offering immediate in-place cash flow.
- 499 Pennsylvania Ave benefits 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.
Property Description
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Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $10,000,000 |
| No. of Units: | 20 |
| Year Built: | 2025 |
| Lot Size: | 0.10 Acres |
| Opportunity Zone: | No |
| Price per unit: | $500,000 |
| Property Website | Click Here |
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