150 Clermont
Overview
The Clermont, prominently anchored at the corner of Clermont and Myrtle Avenues, is a 52 unit market rate rental building with 15,000 square feet of commercial space and 26 underground parking spaces. Features include a landscaped common courtyard, fitness center, private terraces, a beautifully designed entrance lobby, and convenient retail on the ground floor. The Clermont opened for occupancy in 2007.
Location
150 Clermont Ave, Brooklyn, NY
Type
Market-Rate
Status
Complete
By the Numbers
52
Residential Units
$33M
Total development costs
94K
Total Buildable SF
15K
Total Retail SF
Our impact
The Clermont was constructed through the New Markets Tax Credit program together with partner Goldman Sachs. This program attracts private capital into low-income communities to leave a lasting impact on the residents and businesses in the area.
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