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375 Smith Street, Brooklyn, NY 11231

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For Sale

$12,000,000

0.14 acres

Estimated Payment

$ 62,329 /mo. †

6.76% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 0.1 acres
    Lot size

Explore this Property

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!
MLS# 488421

Courtesy Of E House Realty & Mgt. Inc.

(718) 680-2776

Property Features

  • Architecture Style
    Other
  • Lot Size
    0.14 Acres

Map and Directions

Directions to 375 Smith Street, Brooklyn, NY 11231

Home seller CENTURY 21 Marciano

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Marciano

(914) 235-4996
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $62,329
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $62,329

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

P.s. 58 Carroll School

Grades PK-8 Public School

Brooklyn, NY 11231 0.1 miles
330 smith st

857 total students
15:1 Student teacher ratio

School Rating: A-

School Details
Other Nearby Schools Distance Type Grades School Rating
International School Of Brooklyn 0.2 miles Private PK-8
P.s. 32 Samuels Mills Sprole School 0.2 miles Public KG-8 B-
Brooklyn Secondary School For Collaborative Studies 0.3 miles Public 6-12 B
Brooklyn New School-ps 146 (the) 0.3 miles Public PK-5 B+
New Dawn Charter High School 0.4 miles Public 9-12 D-
Digital Arts And Cinema Technology High School 0.4 miles Public 9-12 A
Boerum Hill School For International Studies (the) 0.4 miles Public 6-12 C+
Success Academy Charter School-cobble Hill 0.4 miles Public KG-4 A+
Cobble Hill School Of American Studies 0.5 miles Public 9-12 D-
Summit Academy Charter School 0.5 miles Public 6-12 C+
Red Hook Neighborhood School 0.5 miles Public KG-5 B-
Pave Academy Charter School 0.5 miles Public KG-8 C+
Al-madinah School 0.5 miles Private PK-12
Ps 372 Children's School (the) 0.6 miles Public PK-8
P.s. 29 John M. Harrigan School 0.6 miles Public PK-8 A+
Mary Mcdowell Friends School- Ls 0.6 miles Private 6-12
Brooklyn Heights Montessori School 0.6 miles Private PK-8
P.s. 261 Philip Livingston School 0.7 miles Public KG-5 B
The Maurice Sendak Community School 0.7 miles Public PK-4 A-

International School Of Brooklyn

Distance: 0.2 miles

Type Private

Grades: PK-8

P.s. 32 Samuels Mills Sprole School

Distance: 0.2 miles

Type Public

Grades: KG-8

B-

Brooklyn Secondary School For Collaborative Studies

Distance: 0.3 miles

Type Public

Grades: 6-12

B

Brooklyn New School-ps 146 (the)

Distance: 0.3 miles

Type Public

Grades: PK-5

B+

New Dawn Charter High School

Distance: 0.4 miles

Type Public

Grades: 9-12

D-

Digital Arts And Cinema Technology High School

Distance: 0.4 miles

Type Public

Grades: 9-12

A

Boerum Hill School For International Studies (the)

Distance: 0.4 miles

Type Public

Grades: 6-12

C+

Success Academy Charter School-cobble Hill

Distance: 0.4 miles

Type Public

Grades: KG-4

A+

Cobble Hill School Of American Studies

Distance: 0.5 miles

Type Public

Grades: 9-12

D-

Summit Academy Charter School

Distance: 0.5 miles

Type Public

Grades: 6-12

C+

Red Hook Neighborhood School

Distance: 0.5 miles

Type Public

Grades: KG-5

B-

Pave Academy Charter School

Distance: 0.5 miles

Type Public

Grades: KG-8

C+

Al-madinah School

Distance: 0.5 miles

Type Private

Grades: PK-12

Ps 372 Children's School (the)

Distance: 0.6 miles

Type Public

Grades: PK-8

P.s. 29 John M. Harrigan School

Distance: 0.6 miles

Type Public

Grades: PK-8

A+

Mary Mcdowell Friends School- Ls

Distance: 0.6 miles

Type Private

Grades: 6-12

Brooklyn Heights Montessori School

Distance: 0.6 miles

Type Private

Grades: PK-8

P.s. 261 Philip Livingston School

Distance: 0.7 miles

Type Public

Grades: KG-5

B

The Maurice Sendak Community School

Distance: 0.7 miles

Type Public

Grades: PK-4

A-

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Brooklyn, NY 11231

Tour the area

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Brooklyn, NY 11231

This community’s employment is highest in the transportation and administrative support industries. The area’s overall household expenses are above the national average.

84° July
Hottest Average Month
26° January
Coldest Average Month
15,256 Total Households in Area
-7.5% Increase in population since the year 2010
32.1%
of households
have children
30 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Brooklyn, NY 11231

Brooklyn, NY 11231 has a population of 34,370 people in 15,256 households with a median age of 38.7 years old.

-7.5%
Decrease in population
since the year 2010
Population is Trending down
16,214
Total households as of 2010
1.5%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 38.7 years old. The smallest percentage group is 35-44 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 61%
Hispanic 19%
Black 12%
Other 8%
Asian 6%
Native American <1%
The most prevalent ethnicity is White at 61%, followed by Hispanic at 19%, Black at 12%, and Other at 8%.

Economics
for Brooklyn, NY 11231

22,236 /sq mi
Population Density
$136,688 /yr
Median Household Income
$2,055,500
Median Sales Price
30 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Over $200k representing 29.2% of the households.

Transportation to Work

  • Public Transit 48%
  • Work from Home 22%
  • Walk or Bike 19%
  • Drive 11%

Occupancy by Type

Rented 10,329 63%
Owned 4,927 30%
Vacant 1,247 8%

White vs Blue Collar Jobs







White Collar 94%
Blue Collar 6%

Family & Education Facts
for Brooklyn, NY 11231

38.7 Median Age

Average Household Size

2.2
persons per
household

41.1%

Married Households

Community Population By Education

Bachelors Degree 36%
Graduate Degree 33%
High School Graduate 11%
Some High School 9%
Some College 8%
Associates Degree 3%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 35.66% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
32.2% of households have children

Weather
for Brooklyn, NY 11231

The weather for this area ranges from a high of 84° F in July to a low of 26° F in January

84° July
Hottest Average Month
26° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
26°
39°
Feb
27°
41°
Mar
34°
49°
Apr
43°
60°
May
52°
70°
Jun
62°
79°
Jul
68°
84°
Aug
67°
83°
Sep
60°
76°
Oct
49°
65°
Nov
40°
54°
Dec
30°
43°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Brooklyn, NY 11231!
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Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. 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. 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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