
40 Clermont Ave Brooklyn, NY 11205
Fort Greene NeighborhoodHighlights
- No HOA
- No Heating
- 3-minute walk to Oracle Playground
About This Home
As of November 2024Gut rehab needed!
Located in the desirable neighborhood of Fort Greene, Brooklyn, lies the opportunity for architects and contractors to showcase their skills. 40 Clermont Avenue is a brick 1,680 sq ft two-family property with great potential. Let your creativity on this home built in 1910 and capitalize on its investment potential.
The residential area of 40 Clermont is divided into three levels: garden, parlor, and second level, with an additional cellar. The lot size is 16.67 x 87.42 and is zoned M1-2, with a current Floor Area Ratio (FAR) that permits a total built area of 2,924 square feet. If a community facility is constructed, the FAR doubles to 4.8. Additionally, the property is situated in an investment opportunity zone (OPZ), offering potential investment opportunities
Just think about the potential of designing your dream home to match your style or maximizing rental income by having multiple units in this desirable location. The Fort Greene neighborhood is a real gem, providing a lively community with a diverse cultural background. Fort Greene Park is located just a short distance away, allowing you to escape the chaos of city living and enjoy a peaceful retreat. Discover the local stores, trendy restaurants, and art galleries that make Fort Greene a highly sought-after destination for residents and tourists.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,700
Year Built
- Built in 1910
Lot Details
- Lot Dimensions are 16.670000x87.420000
Interior Spaces
- 1,680 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- No Cooling
- No Heating
Community Details
- No Home Owners Association
- 2 Units
- Fort Greene Subdivision
Listing and Financial Details
- Legal Lot and Block 48 / 02032
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Similar Homes in Brooklyn, NY
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $2,175,000 | -- | |
Deed | $1,175,000 | -- | |
Deed | $1,450,000 | -- | |
Deed | $875,000 | -- | |
Quit Claim Deed | -- | Commonwealth Land Title Ins | |
Quit Claim Deed | -- | Commonwealth Land Title Ins |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $1,848,750 | Purchase Money Mortgage | |
Previous Owner | $1,060,000 | Purchase Money Mortgage | |
Previous Owner | $400,000 | Unknown |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/30/2025 05/30/25 | For Rent | $14,000 | 0.0% | -- |
05/30/2025 05/30/25 | For Sale | $2,495,000 | +14.7% | $1,114 / Sq Ft |
11/15/2024 11/15/24 | Sold | $2,175,000 | -3.3% | $971 / Sq Ft |
10/15/2024 10/15/24 | Price Changed | $2,250,000 | -10.0% | $1,004 / Sq Ft |
08/01/2024 08/01/24 | For Sale | $2,500,000 | +112.8% | $1,116 / Sq Ft |
08/01/2024 08/01/24 | Pending | -- | -- | -- |
12/29/2023 12/29/23 | Sold | $1,175,000 | -26.6% | $699 / Sq Ft |
12/18/2023 12/18/23 | Pending | -- | -- | -- |
10/26/2023 10/26/23 | For Sale | $1,600,000 | +10.3% | $952 / Sq Ft |
06/15/2022 06/15/22 | Sold | $1,450,000 | -14.5% | $863 / Sq Ft |
02/02/2022 02/02/22 | For Sale | $1,695,000 | -- | $1,009 / Sq Ft |
Tax History Compared to Growth
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $2,679 | $84,000 | $17,160 | $66,840 |
2024 | $2,679 | $83,160 | $17,160 | $66,000 |
2023 | $2,708 | $80,580 | $17,160 | $63,420 |
2022 | $2,641 | $65,940 | $17,160 | $48,780 |
2021 | $2,627 | $68,280 | $17,160 | $51,120 |
2020 | $1,971 | $82,800 | $17,160 | $65,640 |
2019 | $2,325 | $80,700 | $17,160 | $63,540 |
2017 | $2,248 | $11,026 | $2,444 | $8,582 |
2016 | $2,080 | $10,404 | $2,705 | $7,699 |
2015 | $1,255 | $9,816 | $2,758 | $7,058 |
2014 | $1,255 | $9,261 | $3,122 | $6,139 |
Agents Affiliated with this Home
-
S
Seller's Agent in 2025
Sean Brewer
Compass
(785) 550-9251
1 in this area
22 Total Sales
-
S
Seller Co-Listing Agent in 2025
Stephanie Moon-de Champeaux
Compass
(212) 913-9058
-
Seller's Agent in 2024
Bianca D'Alessio
Nest Seekers LLC
(914) 282-8898
1 in this area
378 Total Sales
-
Seller Co-Listing Agent in 2024
Jeanne Park
Nest Seekers LLC
(347) 864-1594
1 in this area
13 Total Sales
-
Seller's Agent in 2023
Darrell Williams
Compass
(267) 234-4084
1 in this area
25 Total Sales
-
Seller Co-Listing Agent in 2023
Michael Bhagwandin
Compass
(917) 903-3843
1 in this area
27 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10924092

APN: 02032-0048
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