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Multifamily

434 Clermont Avenue

434 Clermont Ave, Brooklyn, NY 11238

Listing Price: $3,400,000

Cap Rate
5.30%
Number of Units
4
GRM
15.11
Price/Unit
$850,000
Price/Gross SF
$885.42
Gross SF
3,840

Investment Overview

Marcus & Millichap is pleased to offer 434 Clermont Avenue, 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

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.

Investment Highlights

  • 434 Clermont Avenue, built in 1931, is a 4-Family asset spanning approx. 3,840 SF and sits semi-detached on a 21.33' x 100' lot and measures approximately 42' deep.
  • Tax Class: 2A | Zoning: R6B | Delivered Vacant | 100% Free Market
  • Close proximity to the A/C/G Subway Lines.

Exclusively Listed By

  • Shaun Riney

    Licensed Associate Real Estate Broker

    (718) 475-4369

    Email Shaun

    License(s): NY: 10491208207, NY: 10301215754

    New York City

  • Andrew Bronsteen

    Licensed Real Estate Salesperson

    (718) 475-4329

    Email Andrew

    License(s): NY: 10401314581

    New York City

Financing By

Multifamily

434 Clermont Avenue

Listing Price: $3,400,000

Cap Rate
5.30%
Number of Units
4
GRM
15.11
Price/Unit
$850,000
Price/Gross SF
$885.42
Gross SF
3,840

Investment Highlights

  • 434 Clermont Avenue, built in 1931, is a 4-Family asset spanning approx. 3,840 SF and sits semi-detached on a 21.33' x 100' lot and measures approximately 42' deep.
  • Tax Class: 2A | Zoning: R6B | Delivered Vacant | 100% Free Market
  • Close proximity to the A/C/G Subway Lines.

Investment Overview

Marcus & Millichap is pleased to offer 434 Clermont Avenue, 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 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.

Exclusively Listed By

  • Shaun Riney

    Licensed Associate Real Estate Broker

    (718) 475-4369

    Email Shaun

    License(s): NY: 10491208207, NY: 10301215754

    New York City

  • Andrew Bronsteen

    Licensed Real Estate Salesperson

    (718) 475-4329

    Email Andrew

    License(s): NY: 10401314581

    New York City

Financing By

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