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.