123 3rd St Brooklyn, NY 11231
Gowanus NeighborhoodEstimated payment $14,546/month
About This Lot
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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $20,000
Lot Details
- 1,575 Sq Ft Lot
- Lot Dimensions are 17.5 x 90
Community Details
- Insurance Expense $5,000
Listing and Financial Details
- Tax Block 462
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $15,357 | $271,800 | $271,800 | -- |
| 2024 | $15,357 | $214,650 | $214,650 | $0 |
| 2023 | $12,705 | $165,150 | $165,150 | $0 |
| 2022 | $9,316 | $131,400 | $131,400 | $0 |
| 2021 | $7,731 | $114,300 | $114,300 | $0 |
| 2020 | $3,164 | $99,450 | $99,450 | $0 |
| 2019 | $5,971 | $86,400 | $86,400 | $0 |
| 2018 | $4,255 | $72,000 | $72,000 | $0 |
| 2017 | $2,841 | $48,150 | $48,150 | $0 |
| 2016 | $1,940 | $41,850 | $41,850 | $0 |
| 2015 | $1,631 | $35,550 | $35,550 | $0 |
| 2014 | $1,631 | $13,136 | $4,785 | $8,351 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/12/2026 02/12/26 | For Sale | $2,500,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $915,000 | -- | |
| Deed | $915,000 | -- | |
| Deed | $915,000 | -- | |
| Deed | $1,068,821 | -- | |
| Deed | $1,068,821 | -- | |
| Deed | $505,000 | -- | |
| Deed | $505,000 | -- | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $115,000 | No Value Available | |
| Previous Owner | $862,500 | Purchase Money Mortgage |
Source: Brooklyn Board of REALTORS®
MLS Number: 498961
APN: 00462-0050
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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