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About this House
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.
Last check for updates: about 3 hours ago
Listing by: eXp Realty BKNY, (888) 276-0630
Salvatore V. Dibenedetto, (718) 500-3423
Source: BNYMLS, MLS#498961
Home Details for 123 3rd St
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Heating & Cooling No Cooling |
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Frontage Not on Waterfront |
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Cumulative Days on Market: 181Days on Market: 180+ |
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Property Type / Style Property Type: LandProperty Subtype: Mixed Use |
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Price List Price: $2,500,000 |
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MLS Status: Active |
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Direction & Address City: BrooklynCommunity: Brooklyn |
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Listing Agent Listing ID: 498961 |
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Lot Area: 1575 sqft |
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Special Conditions: Arm's Length |
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Mls Number: 498961 |
Around this home
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Gowanus
At least 195 Trulia users voted on each feature.
96 % Say there are sidewalks
95 % Say it's walkable to restaurants
94 % Say it's dog friendly
91 % Say it's walkable to grocery stores
85 % Say people would walk alone at night
79 % Say streets are well-lit
72 % Say kids play outside
60 % Say neighbors are friendly
58 % Say they plan to stay for at least 5 years
57 % Say there's holiday spirit
55 % Say there are community events
42 % Say yards are well-kept
41 % Say it's quiet
29 % Say parking is easy
28 % Say there's wildlife
26 % Say car is needed
Sourced by Trulia users. Learn more about our methodology.
Market trends in New York
Last updated August 2026
Avg. sale price
$818K
$21.67KMoM
Sale-to-List Price
98.1%
0.1%MoM
Price per sq ft
$704
$22MoM
Available listings
16526
1221MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.69 | Lot/Land | $645,000 | 08/14/26 | - | - | ||
0.37 | Lot/Land | $4,500,000 | 12/16/25 | - | 1,127 | ||
0.71 | Lot/Land | $3,391,000 | 12/09/25 | - | - | ||
1.11 | Lot/Land | $995,000 | 12/30/25 | - | - | ||
1.11 | Lot/Land | $1,480,000 | 01/15/26 | - | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $836,100 | 1 | 1 | 585 | Off Market | |
0.04 | $1,505,000 | Studio | - | - | Recently Sold | |
0.04 | $1,505,000 | 2 | 2 | 1,095 | Recently Sold | |
0.02 | $2,962,700 | 2 | 2.5 | - | Off Market | |
0.04 | $3,697,800 | 3 | 2 | - | Off Market | |
0.02 | $2,015,000 | Studio | 2 | 2,400 | Recently Sold | |
0.02 | $2,015,000 | Studio | 1 | - | Recently Sold | |
0.02 | $6,750,000 | 5 | 5 | 4,500 | For Sale | |
0.06 | $1,945,000 | 3 | 3 | 2,025 | Recently Sold | |
0.06 | $2,430,000 | 4 | 3 | 2,320 | Recently Sold | |
0.05 | $2,452,500 | 4 | 1 | 1,068 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 12, 2026 Source: BNYMLS #498961 | Listed For Sale | $2,500,000 |
Aug 15, 2017 Source: N/A | Sold | $915,000 |
Feb 6, 2011 Source: Agent Provided | ListingRemoved | $449,900 |
Nov 14, 2010 Source: Agent Provided | PriceChange | $449,900 Price increased by 0% |
Nov 2, 2010 Source: Agent Provided | Listed For Sale | $0 |
Jun 8, 2010 Source: N/A | Sold | $1,068,821 |
Sep 12, 2005 Source: N/A | Sold | $505,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $18,499 | $604,000 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Salvatore V. Dibenedetto, eXp Realty BKNY, (888) 276-0630
Agent Phone: (718) 500-3423
The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
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Frequently asked questions about 123 3rd St
- How big is 123 3rd St?123 3rd St in Brooklyn, NY is about 0.04 acres (1,575 sq ft).
- What is the price per acre for 123 3rd St?123 3rd St in Brooklyn, NY is listed at $2,500,000, or about $69.1M per acre.
- What do residents say about the Gowanus neighborhood?Residents describe the Gowanus neighborhood in Brooklyn, NY as pedestrian-friendly, walkable to restaurants, and dog-friendly. See homes for sale in Gowanus, Brooklyn.
- What are the closest schools to 123 3rd St?The closest schools to 123 3rd St in Brooklyn, NY are Cobble Hill School of American Studies (High, rated 2/10), Ms 51 William Alexander (Middle, rated 6/10), Ps 32 Samuels Mills Sprole (Pre-K/Elementary, rated 8/10).