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Mixed-Use Development Land Site
For Sale
$8,450,000

375 Smith Street, Brooklyn, NY 11231

LAND - Brooklyn, NY

Property SizeContact for details
Lot Size0.14 Acres
Days on Market169

Property Features for 375 Smith Street

General Information

Property type Land
Property subtype Other
Zoning R6B/C2-4
Subdivision Carroll Gardens
Standard status Active
Lot size 0.14 Acres
Listing Agency: E House Realty & Mgt. Inc.
Listed By: Jin Ning (Vincent) Huang · License #JH5476
Added: Mar 2 Changed: Jul 6 Last Checked: Aug 18 at 5:06PM
MLS# 499297

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.

This for-sale development parcel at 375 Smith Street in Brooklyn is positioned on a corner lot and is zoned R6B/C2-4. The property has an approved plan for a four-story building, with a proposed ground-floor retail component and residential units above. The plan contemplates approximately 3,300 square feet of retail space at street level and 11 apartments totaling approximately 9,800 square feet of residential space.

The site is located on the corner of 3rd Street and Smith Street, with the approval aligned to capture street-level frontage for the retail use. The plans also include multiple parking spaces designated for the cellar level, intended to support residents and patrons.

For developers seeking a mixed-use build with both retail and housing, this lot offers a defined path forward through its approved concept for a four-story structure. The zoning designation (R6B/C2-4) and the included parking layout provide a practical framework for planning the next steps in due diligence and permitting.

Key Highlights

  • Prime development opportunity in highly desirable Carroll Gardens, Brooklyn.
  • Approved plan for a four‑story mixed‑use building with commercial and residential spaces.
  • Zoned C2‑4/R6B, offering endless possibilities for developers and investors.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Accounting Firm Nursing Home Bed & Breakfast (Bike/Boat/Book/etc) Store Adult Day Care

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

Lease Details

11
Residential units

Location Intelligence

Trade Area within ½ mile

5,057
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Corner development parcel with an approved four-story plan for ground-floor retail and 11 apartments above.
Where is this mixed-use property located?
The property is located at 375 Smith Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $8,450,000.
What are key features of this property?
This property features: Prime development opportunity in highly desirable Carroll Gardens, Brooklyn.; Approved plan for a four‑story mixed‑use building with commercial and residential spaces.; Zoned C2‑4/R6B, offering endless possibilities for developers and investors.
More about this property
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