Property photo 1
Property photo 2

$2,500,000

123 3rd Street, Brooklyn NY, 11231

Price per sqft$1,587.30
Lot size0.04 Acres
Property typeLand

Overview

Active

Listed Feb 12, 2026

Updated Aug 12

Positioned in the heart of the Gowanus Mixed Use District, 123 Third Street presents a rare opportunity to acquire and develop in one of Brooklyn’s most dynamic and rapidly transforming neighborhoods. Surrounded by significant new construction and long-term neighborhood investment, including major development on Bond Street. This site is ideally situated for a forward-thinking residential or mixed-use project. Located just moments from Whole Foods, neighborhood cafés, and Carroll Gardens, the property offers the perfect blend of convenience and character. Commuters will appreciate the short distance to the Carroll Street subway station, providing quick access into Manhattan and the greater city. Gowanus continues to evolve into a premier Brooklyn destination, fueled by rezoning, infrastructure improvements, and a wave of high-quality new developments. This offering provides developers and investors the chance to capitalize on strong neighborhood momentum, limited available sites, and increasing demand for thoughtfully designed housing. Opportunities in this corridor are becoming increasingly scarce. 123 Third Street is a chance to secure a position in the future of Gowanus. This is an opportunity you do not want to miss. (Photos Are For Visual Purposes Only) All information provided herein is deemed reliable but is not guaranteed and should be independently verified by prospective purchasers. Property details, zoning information, development potential, square footage, lot dimensions, and any renderings or conceptual plans are provided for informational purposes only and are subject to errors, omissions, and changes without notice.

Additional information

MLS® ID
498961

Exterior Features

Lot Size
0.04 Acres

Other Property Details

Taxes
$20,000
Tax Frequency
Annually

Listed by Salvatore V. Dibenedetto with eXp Realty BKNY
Listing Contact: 8882760630 

Based on information from Brooklyn Board of REALTORS®. Data last updated 8/12/2026. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Revived Residential shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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