181 Clermont Avenue (Clermont Greene)
181 Clermont Avenue, Brooklyn, NY 11205
BBL 3020757501 · BIN 3423539
- Year built
- 2007
- Type
- Condominium
- Units
- 74
- Floors
- 6
- Landmark
- No
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Clermont Greene would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
Clermont Greene is one of Fort Greene's larger condominiums of the pre-crisis generation. It has 74 apartments in two wings that run the full depth of the block from Clermont to Vanderbilt, with a garden between them and a garage below. Meltzer/Mandl Architects designed it. It replaced an earlier building demolished in early 2006, went up during the 2006–2008 boom, and sold through the downturn. The sponsor, Vanderbilt Mansions LLC, closed 20 apartments in 2009, 22 in 2010, 23 in 2011, eight in 2012 and the last in 2013. There is no unsold sponsor block. The residential lots are classed R4, not RR (condominium rentals), and ownership is spread across more than 70 separate owners.
The abatement is gone, and that is the fact that reprices the building. Clermont Greene's 15-year 421-a exemption started in the 2011 tax year, phased down from 2021/22 and reached zero with the tax year that began July 1, 2025. Any tax figure in a listing or sale from before mid-2025 reflects a benefit that no longer exists. Clermont Greene is on the same schedule as 545 Washington Avenue (Isabella) in Clinton Hill: same base year, same first year, same expiry.
The third fact is scale for its neighborhood. Most of Fort Greene's housing is row houses and small co-ops. A 74-unit elevator condominium with deeded parking and a common garden, on a row-house block, has few direct substitutes nearby.
Architecture and unit composition
The building rises six stories in two wings, set around a landscaped courtyard. Listing records describe the street façades as broadly curved. The garage holds 38 deeded parking units, so about half the apartments can have a space. The plan says outright that some buyers would not get one. Parking units can be sold to non-residents under the plan, but the rules on file bar owners from leasing or subletting a space except as the by-laws allow.
Apartments run 12 to 14 per floor on floors one through five and eight on the sixth, numbered 101–112 on the ground floor through 601–608 at the top. The plan specified Jenn-Air and Viking appliance packages, with Viking in the penthouse-level units, and washer-dryer hookups throughout. Units with private outdoor space, whether a ground-floor yard, a sixth-floor terrace or a roof terrace, form a separate and thinner market than the interior lines. Value them against each other, not against the building's average.
Building operations
Finances. No audited statements are on file. Request the three most recent years, the current budget and reserve balance, and any assessment history. Pay particular attention to the post-2025 budget, because owners now carry the full tax bill alongside common charges.
Capital and compliance. At roughly 17 years old, the building's roof membrane, elevators, garage structure and courtyard waterproofing are at the age when capital work comes up. A garden above or beside a cellar garage makes waterproofing a standing maintenance item. The building is over 25,000 square feet, so it falls under the city's energy benchmarking and emissions rules. Ask the managing agent for the building's position in writing.
Declarant rights. The rules on file reserve to the declarant the right to install its own antenna or dish on part of the roof. Ask whether any such installation or roof license exists and who receives the income.
Recent sales
Clermont Greene should be benchmarked on a dollars-per-square-foot basis against Fort Greene and Clinton Hill condominiums of the same generation. Brownstone floor-throughs and prewar co-ops are a different product. Liquidity is good for the neighborhood. With 74 apartments, resales have recorded most years since the sponsor sold out, usually several a year. The correction to make is the tax line. Sales from 2011 through 2021 priced in a full exemption, and sales from 2021 through mid-2025 priced in a shrinking one. Compare on a full True Monthly Carrying Cost at current unabated taxes and current common charges. On that basis the building now competes with unabated condominiums and with the neighborhood's co-ops. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Recent closings at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.
| Date | Unit | Price |
|---|---|---|
| Jan 22, 2026 | P25 | $1,385,000 |
| Jun 17, 2025 | P35 | $1,480,000 |
| Dec 5, 2024 | 403 | $1,450,000 |
| Sep 12, 2022 | P31 | $1,480,000 |
| Jun 8, 2022 | 406 | $885,000 |
| May 6, 2022 | 506 | $805,000 |
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 3-02075-7501) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price.
At the recent median sale of $1.45M (3 sales since 2024), a buyer putting 25% down would pay about $62,167 to close, or 4.3% of the price.
- Mansion tax: $14,500
- Mortgage recording tax: $20,934
- Title insurance: $6,525
- Attorneys, lender, building fees, reserves and filings: $20,208
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
Underwrite the full tax bill. The 421-a benefit ended with the 2024/25 tax year. Pull the current Department of Finance bill for the unit.
Confirm the roof terrace in writing. The plan offered 17 separate terrace units that do not appear as tax lots. Know what the deed and the declaration give you.
Confirm parking separately. There are 38 spaces for 74 apartments. A space conveys only if it is deeded to you.
Check the pet rules against your pet. Written consent, a two-pet cap, an 80-pound combined limit and breed exclusions apply under the rules on file.
Request current financials and ask what changed in the budget once the abatement ended.
What to know if you’re selling
Price against unabated comparables. Setting a price off abated-era sales invites a renegotiation once the buyer's attorney pulls the tax bill.
Document the terrace and parking. Title to outdoor space and a garage space is the main value driver for the units that have them. Have the deed and declaration references ready.
Lead with scale and structure. Elevator, garden, garage and 74 fee-simple apartments on a Fort Greene row-house block are the pitch.
Comparable buildings
If you're considering Clermont Greene, also evaluate:
- 545 Washington Avenue (Isabella) — the 63-unit Clinton Hill condominium on the same 421-a schedule, also fully expired in 2025
- 144 Vanderbilt Avenue — a 26-unit Fort Greene condominium down the avenue; newer and smaller
- 75 Greene Avenue — a 22-unit Fort Greene Historic District conversion of the former diocesan chancery
- 230 Ashland Place (The Forte) — the 108-unit tower by BAM; the high-rise alternative
- 500 Waverly Avenue — a 48-unit Clinton Hill condominium with an active 25-year 421-a benefit
- 315 Gates Avenue — a 72-unit 2009 condominium of the same generation in western Bedford-Stuyvesant
- The Washington (35 Underhill Avenue) — a 39-unit two-building Prospect Heights condominium of the mid-2000s
- 360 Clinton Avenue — the through-block prewar co-op in Clinton Hill; the tenure contrast
More Fort Greene buildings
- 147 South Oxford Street — 1930 co-op
- 149 Lafayette Avenue — 1938 co-op
- 159 Lafayette Avenue — 1897 co-op
- 191 Willoughby Street (University Towers) — 1958 co-op
- 230 Ashland Place (The Forte) — 2005 condominium by FXCollaborative (Fox & Fowle / FXFOWLE)
- 264 Cumberland Street (The Sanctuary) — 1860 condominium
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Fort Greene.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at Clermont Greene?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.