Back to Search

Smith Street Development Opportunity

157 Smith St, Brooklyn, NY

View on Map

For Sale

Contact for pricing

Approved plans for a 5-story, 7-unit elevator building.

Type:LAND

Property size:

11,162 SF

Lot size:

0.06 Acres

Price / SF:

$371/SF

HighLights

Approved plans for a 5‑story, 11,162 SF 7‑unit elevator building.
Prime location on Smith Street in Boerum Hill with high foot traffic.
Strong income potential with attractive commercial and residential rents, and condominium sellout values.
Includes 1 commercial space, four 1‑bedroom/1‑bath units, and two 2‑bedroom/2‑bath duplexes.
Protected Tax Class 2B.
Close proximity to Bergen Street F & G station, Boerum Park, and top‑rated schools.

We can help!

Listing Contact

Sean R. Kelly

For Sale

Contact for pricing

Approved plans for a 5-story, 7-unit elevator building.

Type:LAND

Property size:

11,162 SF

Lot size:

0.06 Acres

Price / SF:

$371/SF

Added:: Oct 14, 2025
Days on Market:: 242
Last Refresh:: May 20 at 8:18 pm

Property Features for 157 Smith St

General Information

Standard status: Active
Size: 11,162 SF
Lot size: 0.06 Acres
Property subtype: LAND

We can help!

Listing Contact

Sean R. Kelly

Listing agent Sean R. Kelly License #NY 10401313127

Listing office Ariel Property Advisors

Listing date Oct 14, 2025

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Ariel Property Advisors

HighLights

Approved plans for a 5‑story, 11,162 SF 7‑unit elevator building.
Prime location on Smith Street in Boerum Hill with high foot traffic.
Strong income potential with attractive commercial and residential rents, and condominium sellout values.
Includes 1 commercial space, four 1‑bedroom/1‑bath units, and two 2‑bedroom/2‑bath duplexes.
Protected Tax Class 2B.
Close proximity to Bergen Street F & G station, Boerum Park, and top‑rated schools.

Overview

Located on the east side of Smith Street between Bergen and Wyckoff Streets, this property features approved plans for a 5-story, 11,162 square foot, 7-unit elevator building. The building design includes one commercial space, four 1-bedroom/1-bath units, and two 2-bedroom/2-bath duplexes. The property benefits from a protected Tax Class 2B designation. The location is situated in Boerum Hill, a bustling corridor with a mix of local and national tenants and a high foot traffic of over 10,000 pedestrians daily. It is within a two-block radius of the Bergen Street F & G station and Boerum Park, and is located in a geography district with numerous top-rated public and private schools in NYC. Commercial rents in the area range from $125 to $200 per square foot, with condominium sellouts exceeding $1,600 per square foot and residential rents above $85 per square foot.

Property Profile Location Intelligence

Current Use by Public Records

Brooklyn Air Conditioning ... Hardware & Home Improvement Tax Debt Relief ... Accounting Firm

Suggested Use

Location Insight

Map
Local Demand

City: Brooklyn
County: Kings
State: New York
Longitude: -73.9905
Latitude: 40.6865

Nearby Similar for Sale

$999,000

15,000 SF

Turn-Key Supermarket Business Opportunity

Thriving supermarket business for sale in prime Gravesend location.

53-65 Quentin Road, Brooklyn, NY 11223

View Details
$999,000

8,820 SF

Established Supermarket Business For Sale

High-volume supermarket in Bensonhurst/Gravesend with excellent street exposure.

65 Quentin Road, Brooklyn, NY 11223

View Details
$7,200,000

23,400 SF

Brooklyn Mixed-Use Investment Opportunity

Mixed-use property in Brownsville with diverse income streams.

340 Junius Street, Brooklyn, NY 11212

View Details
$1,988,000

3,740 SF

Flatbush Avenue Retail Investment Opportunity

High-exposure retail asset with stable income and development potential.

1800 Flatbush Avenue, Brooklyn, NY 11210

View Details
$2,190,000

3,500 SF

Luxury Atelier & Designer Showroom

Turnkey, two-story luxury atelier in Sunset Park, Brooklyn.

821 39th Street, Brooklyn, NY 11232

View Details
$1,799,000

3,158 SF

Prime Kings Highway Commercial Unit

Spacious commercial unit in a high-traffic Brooklyn location.

366 Kings Highway, Brooklyn, NY 11223

View Details
$1,700,000

3,000 SF

Automotive Repair Facility

Operating automotive repair and service facility with street access and a layout suited to maintenance, detailing, and related services.

4201 Glenwood Road, Brooklyn, NY 11210

View Details
$5,390,000

6,970 SF

Prime Corner Commercial Brooklyn Building

Highly visible corner commercial property on 7th Avenue, Brooklyn.

5301 7th Avenue, Brooklyn, NY 11220

View Details
$1,698,000

1,846 SF

Medical Condo in Bensonhurst, Brooklyn

Medical condo with equipment, patient database, and revenue potential.

7620 Bay Parkway, Brooklyn, NY 11214

View Details
$2,980,000

7,311 SF

Multi-Tenant Office Building with Elevator

Built in 1996 and fully leased to five commercial tenants with multiple entrances and independent HVAC systems.

8510 Bay 16th Street, Brooklyn, NY 11214

View Details
$2,000,000

3,300 SF

Prime Corner Retail Building Brooklyn

One-story retail building with development potential in Brooklyn, NY.

229 Tompkins Avenue, Brooklyn, NY 11216

View Details
$2,850,000

3,400 SF

Bensonhurst Commercial Building For Sale

Two-story commercial building with finished basement in prime Bensonhurst location.

7024 18th Avenue, Brooklyn, NY 11204

View Details

What type of property is this?

Apartment building - Approved plans for a 5-story, 7-unit elevator building.

Where is this apartment building located?

The property is located at 157 Smith St Brooklyn, NY.

What is the asking price?

The asking price for this property is $4,150,000.

What are key features of this property?

This property features: Approved plans for a **5‑story, 11,162 SF 7‑unit elevator building**.; **Prime location on Smith Street in Boerum Hill** with high foot traffic.; Strong income potential with attractive commercial and residential rents, and condominium sellout values.

157 Smith St, Brooklyn, NY

Approved plans for a 5-story, 7-unit elevator building.

Property Features for 157 Smith St

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Turn-Key Supermarket Business Opportunity

Established Supermarket Business For Sale

Brooklyn Mixed-Use Investment Opportunity

Flatbush Avenue Retail Investment Opportunity

Luxury Atelier & Designer Showroom

Prime Kings Highway Commercial Unit

Automotive Repair Facility

Prime Corner Commercial Brooklyn Building

Medical Condo in Bensonhurst, Brooklyn

Multi-Tenant Office Building with Elevator

Prime Corner Retail Building Brooklyn

Bensonhurst Commercial Building For Sale

FAQs

Create New Password