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Gowanus Mixed-Use Development Opportunity
For Sale
$2,500,000

123 3rd Street lot 50, Brooklyn, NY 11231

LAND - Brooklyn, NY

Property SizeContact for details
Lot Size0.04 Acres
Days on Market196

Property Features for 123 3rd Street lot 50

General Information

Property type Land
Property subtype Other
Subdivision Carroll Gardens
Standard status Active
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 20000
Listing Agency: eXp Realty BKNY
Listed By: Salvatore V. Dibenedetto
Added: Feb 11 Changed: Jul 30 Last Checked: Aug 26 at 5:06AM
MLS# 498961

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located in the Gowanus Mixed Use District, this property on Third Street offers a development opportunity in a dynamic Brooklyn neighborhood. The site is surrounded by new construction and neighborhood investment, including development on Bond Street. Suited for a residential or mixed-use project, the location is near Whole Foods, cafes, and Carroll Gardens, with access to the Carroll Street subway station for travel into Manhattan. Gowanus is undergoing rezoning and infrastructure improvements, with new developments underway. This property allows developers and investors to capitalize on neighborhood momentum and demand for housing. The lot size is 0.0362 acres.

Key Highlights

  • Prime location in the rapidly developing Gowanus Mixed Use District.
  • Rare opportunity for residential or mixed‑use development.
  • Surrounded by significant new construction and long‑term neighborhood investment.

Property Analytics

Current Use

PROP BIZ Real Estate Agency

Suggested Use

Top Pick Nursing Home Accounting Firm Pet Grooming Service Adult Day Care Tanning Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,899
Businesses Nearby

Demographics for 11231, NY

37,240
Population
18,265
Households
2
Avg Household Size
37
Median Age
69%
College-Educated
90%
High-School Grad
1.4 sq mi
ZIP Area
26,600
Density / Sq Mi
$138,485
Median Household Income
$85,791
Median Earnings
$2,474
Median Rent
$1,678,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Land in Brooklyn's rapidly transforming Gowanus neighborhood.
Where is this residential land & home lot located?
The property is located at 123 3rd Street lot 50 Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Prime location in the rapidly developing Gowanus Mixed Use District.; Rare opportunity for residential or mixed‑use development.; Surrounded by significant new construction and long‑term neighborhood investment.
More about this property
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