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375 Smith St

0.16 Acres of Commercial Land Offered at £10,072,627 in Brooklyn, NY 11231

Investment Highlights

  • Prime buildable land in a highly sought-after location, perfectly situated near established infrastructure, schools, transportation, and amenities.

Executive Summary

Introducing a rare development opportunity nestled in one of Brooklyn's most sought-after neighborhoods, Carroll Gardens. Strategically positioned on the corner of 3rd Street and Smith Street, this parcel offers approximately 6,950 square feet of prime real estate.
Zoned C2-4/R6B, this property presents endless possibilities for savvy developers and investors. An approved plan for a four-story building has been secured, showcasing a visionary design that maximizes both commercial and residential potential.
The proposed structure boasts a sprawling 3,300-square foot retail space on the ground floor, perfectly positioned to capitalize on the vibrant foot traffic along Smith Street. Above, 11 thoughtfully crafted apartments await, spanning a total of 9,800 square feet of residential space. With an average apartment size of nearly 900 square feet, these units promise spacious and comfortable living environments for future residents. Adding to the allure, multiple parking spaces are designated for the cellar level, ensuring convenience and accessibility for both tenants and patrons alike.
Buyers are encouraged to conduct their due diligence to fully grasp the immense potential and value this offering presents. Carroll Gardens is renowned for its charming streets, eclectic dining scene, and proximity to transportation hubs, making it a highly coveted destination for discerning residents and businesses alike.
Seize this exceptional opportunity to leave your mark on one of Brooklyn's most dynamic neighborhoods. Contact us today to explore this prime development prospect and unlock the possibilities that await at 375 Smith Street!

Property Facts

Price £10,072,627
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Apartment Units
  • Apartment Units - Condo
  • Convenience Store
  • Hold For Development
  • Hold For Investment
  • Restaurant
Total Lot Size 0.16 AC

1 Lot Available

Lot

Price £10,072,627
Price Per AC £63,131,477
Lot Size 0.16 AC

Prime corner lot located, situated at the intersection of 3rd Street and Smith Street. Zoned C2-4/R6B, ideal for mix-use development.

Walk Score ®
Walker's Paradise (96)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code C2-4/R6A (Zoning: C2-4/R6A Building Class: V1 - Zoned Commercial)
C2-4/R6A (Zoning: C2-4/R6A Building Class: V1 - Zoned Commercial)
  • Listing ID: 33330819

  • Date on Market: 27/09/2024

  • Last Updated:

  • Address: 375 Smith St, Brooklyn, NY 11231

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