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499 MONTGOMERY STREET 499 Montgomery St

2 Unit Apartment Building $3,199,500 CAD ($1,599,750 CAD/Unit) Brooklyn, NY 11225

Apartment Buildings New York Brooklyn 499 Montgomery St, Brooklyn, NY 11225

Investment Highlights

  • Delivered vacant: Prime opportunity for condo conversion, single-family home conversion, high-end rentals, etc.
  • Corner property: Building has fantastic light and air throughout, and has 110’ feet of street frontage.
  • This stretch of Montgomery St and New York Ave has a quiet residential aesthetic, though it is only one block from Nostrand Ave, with numerous options
  • Owner-User potential: Property lends itself to an owner-user to occupy either the entire building or a portion and rent out the rest.
  • Private Parking: There is an enclosed garage in the rear of the property on Montgomery Street.
  • Additional air rights: The property is zoned R6, with approximately 1,230 unused buildable square feet for potential future expansion.

Executive Summary

Cory Rosenthal
License No. 10991237833 (NY)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts Under Contract

Price $3,199,500 CAD Building Class C
Price Per Unit $1,599,750 CAD Lot Size 0.24 AC
Sale Type Investment Building Size 14,662 SF
No. Units 2 No. Stories 3
Property Type Multifamily Year Built 1920
Property Subtype Apartment Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style Low Rise
Price $3,199,500 CAD
Price Per Unit $1,599,750 CAD
Sale Type Investment
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.24 AC
Building Size 14,662 SF
No. Stories 3
Year Built 1920
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Amenities

  • Air Conditioning
  • Washer/Dryer
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Public Transportation
  • Individual Locking Bedrooms
  • Private Bathroom
  • Smoke Detector

Links

1 of 1
Walk Score ®
Walker's Paradise (91)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers
Multiple
  • 01297-0057
  • 01297-0059
  • 01297-0056
  • 01297-0058
 Improvements Assessment $2,713,688 CAD
Land Assessment $36,474 CAD Total Assessment $2,750,162 CAD

PROPERTY TAXES

Parcel Numbers
Multiple
  • 01297-0057
  • 01297-0059
  • 01297-0056
  • 01297-0058
Land Assessment
$36,474 CAD
Improvements Assessment
$2,713,688 CAD
Total Assessment
$2,750,162 CAD
(313) 402-0917

Contacts

  • Listing ID: 33159900

  • Date on Market: 2024-09-12

  • Last Updated:

  • Address: 499 Montgomery St, Brooklyn, NY 11225

The North Brooklyn Multifamily Property at 499 Montgomery St, Brooklyn, NY 11225 is currently available. Contact Matthews Real Estate Investment Services for more information.

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499 MONTGOMERY STREET | 499 Montgomery St
(313) 402-0917 x

499 MONTGOMERY STREET | 499 Montgomery St

1/5

Bryan Kirk

(313) 402-0917

(313) 402-0917

DJ Johnston

(914) 584-7422

(914) 584-7422

Jermaine Pugh

(718) 701-5129

(718) 701-5129

Bobby Lawrence

(718) 554-0337

(718) 554-0337

Henry Hill

(718) 874-8539

(718) 874-8539

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