434 Clermont Ave - Apartments FOR SALE


Brooklyn, NY 11238- Fort Greene
$3,700,000 USD
718-475-4382
434 Clermont Ave, Brooklyn, NY for Sale
$3,700,000 USD
Apartments - FOR SALE
1/29
null | 5.11% Cap Rate

434 Clermont Ave
Brooklyn, NY 11238
Fort Greene


OVERVIEW

434 Clermont Avenue is a beautifully maintained four-family townhouse located in the heart of Fort Greene, one of Brooklyn’s most desirable brownstone neighborhoods. The property will be delivered 100% vacant. Each floor-through apartment has been well cared for, but still features significant upside with minimal improvements. The property sits semi-detached on a 21.33’ x 100’ lot and measures approximately 42’ deep. It offers four above-grade, floor-through apartments plus a full-height cellar with finished space. Unit 1 is a two-bedroom garden apartment with access to a private backyard, while Units 2 through 4 are spacious one-bedroom residences with excellent natural light and well-maintained finishes throughout. The building’s classic architecture, updated interiors, and prime location just steps from all of Fort Greene make it a highly attractive long-term hold. With excellent transit access, neighborhood amenities, and a proven rental history, 434 Clermont represents a turnkey opportunity in an already beautiful area that has heavy long-term appreciation.

FOR SALE DETAILS

PRICE

$3,700,000 USD

PRICE/SF

$964 USD /SF

# OF UNITS

4

PRICE/UNIT

$925,000

CAP RATE

5.11%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

434 Clermont Avenue

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,296 SF

ZONING

R6B

APN/PARCEL ID

01958-0049

ASK ABOUT THIS PROPERTY

Shaun RineyMarcus & MillichapMore Info
718-475-4382

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Shaun RineyMarcus & MillichapMore Info
718-475-4382

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.