123 3rd St, Brooklyn, NY 11231
FOR SALE

123 3rd St
Brooklyn, NY 11231

Gowanus

    $2,500,000

    Est. Mortgage $13,994/mo*

    $2,500,000

    Est. Mortgage $13,994/mo*

    Local Information

    • Map ViewExplore the area around 123 3rd St.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Description

    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. 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.

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    146 days ago
    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
    Also Listed on eXp Realty.

    Home Details for 123 3rd St

    Interior Features

    Heating & Cooling
    No Cooling

    Exterior Features

    Frontage
    Not on Waterfront

    Days on Market

    Cumulative Days on Market: 1Days on Market: 146

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land

    Price & Status

    Price
    List Price: $2,500,000

    Active Status

    MLS Status: Active

    Location

    Direction & Address
    City: BrooklynCommunity: Brooklyn

    Agent Information

    Listing Agent
    Listing ID: 498961

    Lot Information

    Lot Area: 1575 sqft

    Listing Info

    Special Conditions: Arm's Length

    Miscellaneous

    Mls Number: 498961

    Market trends in New York

    Last updated May 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $772K
    $5K
    MoM
    Sale-to-List Price
    97.8%
    Price per sq ft
    $643
    $10
    MoM
    Available listings
    18549
    515
    MoM

    Price History for 123 3rd St

    DatePriceEventSource
    02/12/2026$2,500,000Listed For SaleBNYMLS #498961
    08/15/2017$915,000Sold
    N/A
    02/06/2011$449,900ListingRemovedAgent Provided
    11/14/2010$449,900PriceChange
    Agent Provided
    11/02/2010$0Listed For SaleAgent Provided
    06/08/2010$1,068,821Sold
    N/A
    09/12/2005$505,000Sold
    N/A

    Similar Homes You May Like

    Skip to last item
    Skip to first item

    New Listings near 123 3rd St

    Skip to last item
    Skip to first item

    Property Tax and Assessment

    Year2025
    Tax$18,499
    Assessment$604,000
    Home facts updated by county records

    Comparable Sales for 123 3rd St

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    0.56
    Lot/Land
    $2,425,000
    08/15/25
    -
    1,800
    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 homes

    Get a sense of prices in the area by checking nearby homes.
    Skip to last item
    Skip to first item

    Assigned Schools

    These are the assigned schools for 123 3rd St.
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    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.
    • Tnicole225
      "There are a lot of parks and many young children in the area. It is a decent area for kids, although it is urban. "
    • Trulia User
      "this is a pet friendly area. So many people and businesses enjoy our furry family members and encourage inciting tactics like water bowls outside stores. "
    • Steve S.
      " it has the right amount of entertainment, dining, nightlife and family friendly. I never feel unsafe here. I love it. "
    • Sarah.statz
      "Good. Sometimes the F train is really packed. Overall it is not too bad generally but when it is bad it’s really bad. "
    • Rickfinch33
      "Good public transportation is available - though slow on the N and R lines. Travel to midtown is 45 mins. Can be a bit more on weekends and Late at night "
    • Erin.turner
      "This area feels very safe and is extremely well kept. I would enjoy taking kids or my family here to show them around"
    • Maeen A.
      "Park slope is very nice place to live , it has great schools nearby easy for the kids to go to, it also has good public park , I always take my son there every Sunday to practice with him soccerball. "
    • Jaime.n.stanley
      "This is a happy up and coming area with great train access and new restaurants everyday. I love living here. "
    • Kaitlynsnipes
      "I drive around the area, sometimes it can get congested or backed up but it’s usually a decent commute. "
    • Haggarty_john
      "Perfect for dogs. People walking their dogs all the time. A few dog parks within a short drive. All of our neighbors have dogs"
    • Tnicole225
      "I have lived in this area for the past 7 years and I think it’s pretty cool. Easy walk to shopping, restaurants and subway."
    • Melissa p. m.
      "It’s super hip. There are lots of cool spots in the neighborhood- for lots of different groups. Great restaurants and a cool vibe. Shopping is easy and the subways are close by. "
    • Mattleaney
      "2 years love it, would like to buy here. Great schools and shops. Court street is great. Park is a bit far but a nice walk. "
    • Msjonesnyc
      "Nonstop construction, cutting down of trees for hotels, overcrowded grocery stores, consistently riding rent rates year after year"

    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.
    123 3rd St, Brooklyn, NY 11231 is a lot/land. 123 3rd St is located in Gowanus, Brooklyn. This property is currently available for sale and was listed by BNYMLS on Feb 12, 2026. The MLS # for this home is MLS# 498961.