990 Montgomery Street

Crown Heights, Brooklyn

Parcel ID (BBL): 3014240033

Acris records

Owner: Summit Properties

Acquired: April 24, 2026, $3.7 million

Debt: April 24, 2026, $2.7 million

Built: 1927

SF: 47,164

Dwelling units: 53

No. of buildings: 1

Class: Semi-fireproof (Without Stores) (D1)

Floors: 6

Transactions:

Summit Properties borrowed $2.7 million from Flagstar Bank for 990 Montgomery Street, Crown Heights, Brooklyn on April 24, 2026.

Pinnacle Group sold 990 Montgomery Street, Crown Heights, Brooklyn for $3.7 million to Summit Properties on April 24, 2026.

Development:

• Carlos Melendez filed alteration job B01106276 for 14 sqft RES building with 0 apartments in Crown Heights, Brooklyn, on October 02, 2024.

• Nicole Reposa filed alteration job B00622441 for 1 sqft building with 53 apartments in Crown Heights, Brooklyn, on January 13, 2022.

• Charles Neiss filed alteration job 301171283 for building in Crown Heights, Brooklyn, on May 17, 2001.

• Jacob Neiss filed alteration job 301081371 for building in Crown Heights, Brooklyn, on September 12, 2000.

Litigation:

Pinnacle Group on May 21, 2025, filed a $574.4 million bankruptcy 25-11050 for 988 Montgomery Street that has creditor Flagstar Bank.

Flagstar Bank filed a $296.9 million pre-foreclosure 509749/2025 on March 22, 2025, against Pinnacle Group and Joel Wiener at 988 Montgomery Street.

Violations:

According to city public data, the properties have not received any significant violations in the last year.

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