$1,450,000
40 CLERMONT Avenue #NA
MLS® #RLS10777553
Listing by Douglas Elliman Real Estate
3
Bedrooms
2
Baths
N/A
Sq. Ft.
N/A
Year Built
Quick Summary
Property Highlights
- Location: Fort Greene, Brooklyn
- Property Type: Multi Family
Property Details
Description
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.
Features & Amenities
Appliances
Building Information
About Fort Greene
View All Fort Greene ListingsFort Greene is an architecturally striking neighborhood centered around the beautiful Fort Greene Park. Home to the Brooklyn Academy of Music (BAM), the area is a hub for the arts and creative expression. The real estate market is remarkably varied, featuring some of Brooklyn's most impressive historic brownstones, stately cooperatives, and sleek new construction towers that offer sweeping views of the borough and Manhattan.
Fort Greene Live Market Data
View NeighborhoodActive Listings
24
Median Asking Price
$1.72M
Median $/Sqft
$1,250
Avg Days on Market
N/A
New This Week
0
Price Reduced
17%
Sold (30 Days)
4
Median Sale Price
$1.87M
Live data from RLS at REBNY • Updated 3/24/26, 2:04 AM EST
Similar Listings in Fort Greene
View All
Active
18 S Oxford Street
Multi Family • RLS #RLS20073966
Active
364 Myrtle Avenue #2
Condo • RLS #RLS20076137
Active
144 VANDERBILT Avenue #2D
Condo • RLS #RLS20076161
Active
144 VANDERBILT Avenue #4A
Condo • RLS #RLS20062638
Active
144 VANDERBILT Avenue #2A
Condo • RLS #RLS20062896
Active
1 HANSON Place #24B
Condo • RLS #RLS20074489
Location
40 CLERMONT Avenue #NA, Fort Greene, Kings County
Floor Plans
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Listing Courtesy of Douglas Elliman Real Estate - Douglas Bowen
Listing Contact: (646) 247-0822
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 3/24/2026 at 6:04 AM UTC