123 3rd Street

123 3rd St
Gowanus

$2,500,000
Price
1,575 / 0.04
Lot Size / Acres
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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...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.
  1. Listed by Salvatore V. Dibenedetto • eXp Realty BKNY
LISTING UPDATED: 02/12/2026 12:28 PM

Property Details for 123 3rd Street

StatusActive
MLS ID498961
Days on Market29
Taxes$20,000 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size1,575 SF / 18' x 90'
CountyKings County

Building

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Location

Listing Courtesy of eXp Realty BKNY
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Building Information for 123 3rd Street

Lot Size1,575 SF / 18' x 90'Building Age-Building Type-

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$13,851 per month

30 year fixed, 6.15% Interest

Principal and Interest

$12,185

Property Taxes

$1,667

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 123 3rd Street

Summary
Location and General Information
  • Block: 462
  • Cross Street Name: 3rd ST
  • Cross Street Name: Bond ST
  • Water Front Present YN: No
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 20000.0
  • Miscellaneous Expense: 0.0
Property
Lot Information
  • Lot Dimensions: 17.5 x 90
  • Sq Ft Total: 0
  • Lot Number: 50
  • Lot Size Irregular YN: No
  • Lot Size Length: 90
  • Lot Size Width: 17
Property and Assessments
  • Commercial Condo YN: No
Utilities
  • Utility Expense: 0.0
  • Fuel Expense: 0.0
Interior and Exterior Features
Exterior Features
  • Handicap Access YNU: Unknown
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 0.0
  • Building Length: 0.0
  • Building Width: 0.0
Agent
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Insurance Expense: 5000.0
  • Certificate Of Occupancy YN: No
  • Owner Occupied: No

Property History for 123 3rd Street

DateEvent & SourcePriceAppreciationLink
Feb 11, 2026

Listed (Active)

BKMLS #498961

$2,500,000——
Apr 29, 2010

Sold (Public Record)

ACRIS #2010060301102001

$1,068,821

+17.4% / yr

Aug 24, 2005

Sold (Public Record)

ACRIS #2005083101160001

$505,000—
DateEvent & SourcePrice
02/11/2026

Listed (Active)

BKMLS #498961

$2,500,000
04/29/2010

Sold (Public Record)

ACRIS #2010060301102001

$1,068,821

+17.4% / yr

08/24/2005

Sold (Public Record)

ACRIS #2005083101160001

$505,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 123 3rd Street

Taxable ValueLand-Additions-Total-
Home Facts
APN3004620050

Schools near 123 3rd Street

This home is within New York City Geographic District #15.
Rating
School
Type
Grades
Distance
P.S. 32 Samuels Mills Sprole
Public - PK to 5
Ms 51 William Alexander
Public - 6 to 8
Cobble Hill School of American Studies
Public - 9 to 12
Maurice Sendak Community School
Public - K to 5
Rating
School
Distance
P.S. 32 Samuels Mills Sprole
PublicPK to 5

Ms 51 William Alexander
Public6 to 8

Cobble Hill School of American Studies
Public9 to 12

Maurice Sendak Community School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 123 3rd Street, Gowanus

123 3rd Street is a 0.04 ac of land for sale in Gowanus. This property was listed for sale on February 11, 2026 by eXp Realty BKNY, it's currently listed at $2,500,000. It has been on the market for a total of 29 days and was last sold on April 29, 2010. This listing's school district is New York City Geographic District #15. Nearby schools include P.S. 32 Samuels Mills Sprole, Ms 51 William Alexander and Cobble Hill School of American Studies. 123 3rd Street is a 0-bed, 0-bath, 0.04 ac of land on a 1,575 sq. ft. / 0.04 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty BKNY

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2026, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2026 The Real Estate Board of New York, Inc., All rights reserved.