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375 Smith Street, Brooklyn, NY 11231

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For Sale

$11,700,000

0.14 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 0.1 acres
    Lot size

Explore this Property

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!
MLS# 488421

Courtesy Of E House Realty & Mgt. Inc.

(718) 680-2776

Property Features

  • Architecture Style
    Other
  • Lot Size
    0.14 Acres

Map and Directions

Directions to 375 Smith Street, Brooklyn, NY 11231

Home seller CENTURY 21 Marciano

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Marciano

(914) 235-4996
Learn More About Us

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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