762 & 764 E 32nd St

Asset CRG Advisors, LLC has been exclusively retained to market two adjacent, newly constructed multifamily buildings located in the East Flatbush neighborhood of Brooklyn. The properties are four stories tall and together comprise approximately 10,780 square feet, featuring a total of 16 residential units consisting of 2 one-bedroom units, 12 two-bedroom units, and 2 three-bedroom units. The buildings benefit from modern construction and efficient layouts designed to meet strong local rental demand.

The properties currently benefit from a 421-A tax exemption in place through 2055, providing long-term tax savings and enhancing cash flow stability. Ideally situated near the Flatbush Avenue–Brooklyn College subway station (2 and 5 lines), the assets offer excellent transit access to Manhattan and surrounding Brooklyn neighborhoods. Residents enjoy close proximity to major retailers and everyday conveniences, including Target, Blink Fitness, and Key Food Supermarket, making this a compelling opportunity for investors seeking stable income, tax efficiency, and long-term appreciation in a high-demand residential corridor.