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Active - House for sale
40 Clermont Avenue, Brooklyn, NY 11205
Facts & features
Why you’ll love it
Gut 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.
Listed by: Darrell Williams • darrell.williams@compass.com • Compass
Co-listed by: Michael Bhagwandin • michael.bhagwandin@compass.com • Compass
Come see by yourself
Affordability
$10,798/mo
- Mortgage$8,090
- Property tax$2,708
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
Discover the neighborhood
Travel times
About Brooklyn
AI-generated overview for informational purposes only.
Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
