Welcome to the Heart of Carroll Gardens neighborhood of Brooklyn, which is nestled along a quiet and beautiful brownstone/tree lined block. This property is being offered for sale for the first time in over 50 years. Located on 1st Place between Clinton Street and Court Street, this property presents an extremely rare opportunity to purchase a fully vacant 5 story / 5 family building on one of the best in Brooklyn. The subject property is built 20.5' x 53' on all five floors and is situated on a 20.5' x 100' lot zoned R6A, with private front and rear yard. Additional unused FAR, please consult with your architect to confirm. This property presents an ideal opportunity for a multi-unit rental/condo renovation/alteration. It offers endless opportunity for an owner-users or investor/developer looking to be a part of this neighborhood in Brooklyn. Conveniently located minutes away to F&G train and moments away from Court Street. There are many award-winning dining options, cafe / bakeries, supermarkets for shopping, and more. Zoned for great schools. Approx. Building SqFt: 5,330. Est. Annual Taxes: $12,347. Est. Annual Gas: $2,121. Est. Annual Water: $2,639. Annual Insurance: $6,509.