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Lot/land
  • $2,500,000

    123 3rd St, Brooklyn, NY 11231

    --beds
    --baths
    1,575Square Feet
    Unimproved Land
    Built in ----
    1,575 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    141 days
    |
    159
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    eXp Realty BKNY 888-276-0630,

    Salvatore V. Dibenedetto 718-500-3423

    Source: BNYMLS,MLS#: 498961MLS Logo

      Facts & features

      Interior

      Interior area
      • Total structure area: 0

      Property

      Lot
      • Size: 1,575 Square Feet
      • Dimensions: 17x90
      Details
      • Foundation area: 0
      • Parcel number: 004620050
      • Special conditions: Arm's Length

      Community & HOA

      Community
      • Subdivision: Brooklyn
      Location
      • Region: Brooklyn

      Financial & listing details

      • Tax assessed value: $604,000
      • Annual tax amount: $20,000
      • Date on market: 2/12/2026
      • Cumulative days on market: 142 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $4,958/mo

        Price history

        DateEventPrice
        2/12/2026Listed for sale$2,500,000+173.2%
        Source: BNYMLS #498961 Report a problem
        8/15/2017Sold$915,000+103.4%
        Source: Public Record Report a problem
        2/6/2011Listing removed$449,900
        Source: foreclosure.com Report a problem
        11/14/2010Price change$449,900-57.9%
        Source: TOM MARCO REAL ESTATE #357272 Report a problem
        11/2/2010Listed for sale--
        Source: foreclosure.com Report a problem
        6/8/2010Sold$1,068,821+111.6%
        Source: Public Record Report a problem
        9/12/2005Sold$505,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$18,499 +20.5%$271,800 +26.6%
        2024$15,357 $214,650 +30%
        2023-- $165,150 +25.7%
        2022-- $131,400 +15%
        2021-- $114,300 +14.9%
        2020$7,331 +22.5%$99,450 +15.1%
        2019$5,984 +40.6%$86,400 +20%
        2018$4,255 +49.7%$72,000 +49.5%
        2017$2,841 +46.4%$48,150 +15.1%
        2016$1,940 $41,850 +17.7%
        2015$1,940 +19%$35,550 +170.6%
        2014$1,631 $13,136 +4.8%
        2013-- $12,538 +5%
        2012-- $11,942
        2011-- $11,942 +3%
        2010-- $11,589 +5.9%
        2009-- $10,947 +4.8%
        2008-- $10,449 +5%
        2007-- $9,952
        2006-- $9,952 +3%
        2005-- $9,658 +5.9%
        2004-- $9,123 +4.8%
        2003-- $8,708 +5%
        2002-- $8,294
        2001-- $8,294 +3%
        2000-- $8,049

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Gowanus

        Getting around

        74 / 100
        Very Walkable
        90 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

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