$8,450,000
Original price: $8,800,000
375 Smith St, Brooklyn, NY 11231
Est. Mortgage $49,757/mo*
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Lot/Land
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About this House
Introducing a rare development opportunity nestled in one of Brooklyn's most sought-after neighborhoods, Carroll Gardens. Strategically positioned on the corner of 3rd Street and Smith Street, this parcel offers approximately 6,950 square feet of prime real estate. Zoned C2-4/R6B, this property presents endless possibilities for savvy developers and investors. An approved plan for a four-story building has been secured, showcasing a visionary design that maximizes both commercial and residential potential. The proposed structure boasts a sprawling 3,300-square foot retail space on the ground floor, perfectly positioned to capitalize on the vibrant foot traffic along Smith Street. Above, 11 thoughtfully crafted apartments await, spanning a total of 9,800 square feet of residential space. With an average apartment size of nearly 900 square feet, these units promise spacious and comfortable living environments for future residents. Adding to the allure, multiple parking spaces are designated for the cellar level, ensuring convenience and accessibility for both tenants and patrons alike. Buyers are encouraged to conduct their due diligence to fully grasp the immense potential and value this offering presents. Carroll Gardens is renowned for its charming streets, eclectic dining scene, and proximity to transportation hubs, making it a highly coveted destination for discerning residents and businesses alike. Seize this exceptional opportunity to leave your mark on one of Brooklyn's most dynamic neighborhoods. Contact us today to explore this prime development prospect and unlock the possibilities!
Last check for updates: about 18 hours ago
Listing by: E House Realty & Mgt. Inc., (718) 680-2776
Jin Ning (Vincent) Huang, (917) 288-1668
Source: BNYMLS, MLS#499297

Home Details for 375 Smith St
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Heating & Cooling No Cooling |
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Cumulative Days on Market: 545Days on Market: 180+ |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
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Price List Price: $8,450,000 |
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MLS Status: Active |
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Direction & Address City: BrooklynCommunity: Brooklyn |
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Listing Agent Listing ID: 499297 |
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Lot Area: 6145 sqft |
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Special Conditions: Arm's Length |
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Mls Number: 499297 |
Around this home
What Locals Say about Carroll Gardens
At least 380 Trulia users voted on each feature.
96 % Say there are sidewalks
95 % Say it's dog friendly
95 % Say it's walkable to restaurants
93 % Say it's walkable to grocery stores
87 % Say people would walk alone at night
84 % Say kids play outside
83 % Say streets are well-lit
69 % Say neighbors are friendly
67 % Say there's holiday spirit
62 % Say they plan to stay for at least 5 years
54 % Say there are community events
47 % Say yards are well-kept
45 % Say it's quiet
42 % Say parking is easy
33 % Say there's wildlife
20 % 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 |
|---|---|---|---|---|---|---|---|
0.59 | Lot/Land | $4,500,000 | 12/16/25 | - | 1,127 | ||
0.52 | Lot/Land | $645,000 | 08/14/26 | - | - | ||
0.89 | Lot/Land | $3,391,000 | 12/09/25 | - | - | ||
0.92 | Lot/Land | $995,000 | 12/30/25 | - | - | ||
0.93 | Lot/Land | $1,480,000 | 01/15/26 | - | - | ||
2.36 | Lot/Land | $2,100,000 | 04/20/26 | - | - |
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 |
|---|---|---|---|---|---|---|
0.06 | $6,246,300 | 8 | 8 | 7,000 | Off Market | |
0.07 | $2,713,300 | 2 | 2.5 | 2,169 | Off Market | |
0.05 | $762,500 | 1 | 1 | 690 | Off Market | |
0.02 | $638,900 | 2 | 1 | - | Off Market | |
0.05 | $2,100,000 | 2 | 2 | 1,230 | Recently Sold | |
0.03 | $5,500,000 | 5 | 2.5 | 3,200 | Recently Sold | |
0.04 | $4,668,600 | 6 | 4 | 4,000 | Off Market | |
0.07 | $4,525,000 | 5 | 4.5 | 3,360 | Recently Sold | |
0.08 | $2,937,000 | 2 | 2.5 | 2,812 | Off Market | |
0.08 | $3,130,300 | 3 | 2 | 1,480 | Off Market | |
0.08 | $2,678,200 | 2 | 2 | 1,475 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 6, 2026 Source: BNYMLS #499297 | PriceChange | $8,450,000 Price decreased by 4% |
Mar 3, 2026 Source: BNYMLS #499297 | Listed For Sale | $8,800,000 |
Mar 1, 2026 Source: BNYMLS #488421 | ListingRemoved | $9,500,000 |
Nov 30, 2025 Source: BNYMLS #488421 | PriceChange | $9,500,000 Price decreased by 4% |
Aug 7, 2025 Source: BNYMLS #488421 | PriceChange | $9,900,000 Price decreased by 15% |
Apr 14, 2025 Source: BNYMLS #488421 | PriceChange | $11,700,000 Price decreased by 3% |
Feb 19, 2025 Source: BNYMLS #488421 | PriceChange | $12,000,000 Price decreased by 6% |
Jan 6, 2025 Source: BNYMLS #488421 | Listed For Sale | $12,750,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Jin Ning (Vincent) Huang, E House Realty & Mgt. Inc., (718) 680-2776
Agent Phone: (917) 288-1668

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 375 Smith St
- How big is 375 Smith St?375 Smith St in Brooklyn, NY is about 0.14 acres (6,145 sq ft).
- What is the price per acre for 375 Smith St?375 Smith St in Brooklyn, NY is listed at $8,450,000, or about $59.9M per acre.
- What do residents say about the Carroll Gardens neighborhood?Residents describe the Carroll Gardens neighborhood in Brooklyn, NY as pedestrian-friendly, dog-friendly, and walkable to restaurants. See homes for sale in Carroll Gardens, Brooklyn.
- What are the closest schools to 375 Smith St?The closest schools to 375 Smith St in Brooklyn, NY are Brooklyn Secondary School For Collaborative Studies (Middle/High, rated 4/10), Ps 58 The Carroll (Pre-K/Elementary, rated 8/10).
375 Smith St, Brooklyn, NY 11231 is a lot/land. 375 Smith St is located in Carroll Gardens, Brooklyn. This property is currently available for sale and was listed by BNYMLS on Mar 3, 2026. The MLS # for this home is MLS# 499297.

