$1,450,000
SOLD JUN 15, 2022
3 Beds
2 Baths
1,680 Sq Ft
-- Built

Recently Sold

$863 Per Sq Ft

14% Below List Price

84 Days on Market

About This Home

As of November 2024

Architects and contractors are welcome. Delivered vacant, 40 Clermont represents a unique opportunity to build your own dream home, a live/work mixed-use property, and/or a purely commercial-use facility. Located inside the boundaries of the Brooklyn Tech Triangle, 40 Clermont is a 17' x 35' building on a 88' lot. There is currently a 1,680 square foot 2-family house on 3 levels with a cellar below. The current FAR (floor area ratio) is 2,924 square feet, which gives you an acquisition cost of $576/buildable square feet. There is new electric brought in from the street and three new panels and meters have been installed. Also, a new copper water main has been installed. If you build a community facility, the FAR doubles. M1-2 Zoning is a Light Manufacturing Zoning district in NYC. In M1-2 there are multiple uses including manufacturing, commercial, and community facility. The existing residential square footage is grandfathered into the property. Please inquire with the brokers about financing options available.



The Brooklyn Tech Triangle initiative, under a partnership of the Brooklyn Navy Yard, the Downtown Brooklyn Partnership and the DUMBO Improvement District, is an effort to bring together support for growing the innovation economy of the borough. There are currently 523 Innovation Companies, proximity to 13 subway lines and 15 bus lines, 77% of the firms say more than 50% of their employees live in Brooklyn, there has been $3.1 billion dollars in economic output per annum and there is a pressing need for 2.2 million additional square feet of space to meet demand. The triangle is expected to create 18,000 jobs over the next two years. There are 127,000 residents within a one-mile radius.

Last Agent to Sell the Property

Douglas Bowen

Douglas Elliman Real Estate License #10301217443 Listed on: 02/02/2022

Douglas Elliman Real Estate

Co-Listed By

Paul Johansen

Corcoran Group License #10301221600

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,679

Home Design

Interior Spaces

  • 2-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • 2 Units
  • Fort Greene Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,679

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Fort Greene
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Washer Dryer Allowed
  • Rooms (Total): 7

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2025
Sold by
40 Clermont House Llc
Bought by
Consoli Ezequiel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,848,750
Outstanding Balance
$1,842,526
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$386,504

Purchase Details

Listed on
Oct 10, 2023
Closed on
Dec 29, 2023
Sold by
Jacques Amanda and Sober Adam
Bought by
40 Clermont House Llc
Seller's Agent
Darrell Williams
Compass
List Price
$1,600,000
Sold Price
$1,175,000
Premium/Discount to List
-$425,000
-26.56%
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.97%
Original Mortgage
$1,060,000
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 2, 2022
Closed on
Jun 15, 2022
Sold by
Kaplan Prynn and Neste Albert
Bought by
Jacques Amanda and Sober Adam
Seller's Agent
Douglas Bowen
Douglas Elliman Real Estate
List Price
$1,695,000
Sold Price
$1,450,000
Premium/Discount to List
-$245,000
-14.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.76%

Purchase Details

Closed on
Sep 8, 2016
Sold by
The Estate Of Saverio A Vollaro and Vollaro
Bought by
Neste Albert

Purchase Details

Closed on
Nov 26, 1993
Sold by
Tuzzi Louis J
Bought by
Vollaro Saverio Anthony
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: Public Records

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
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10777553

Real Estate Board of New York (REBNY)

APN: 02032-0048