434 Clermont Avenue — Sale in Brooklyn, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Brooklyn, NY 11238

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Investment Figures

Cap rate
5.70%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

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.

Market Context

This multifamily in Brooklyn, NY is listed for sale. It is offered at an approximate 5.7% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Brooklyn, NY — view the full market.

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