320 Smith St
Brooklyn, NY 11231
Corner Mixed-Use Development Opportunity · Commerce de détail Propriété À vendre

TerraCRG has been retained exclusively to market 320 Smith Street, a rare Carroll Gardens mixed-use property with exceptional development potential and unmatched location appeal.
The property spans an entire 200-foot stretch of Smith Street from Union Street to President Street, offering unparalleled visibility along one of Brooklyn’s most sought-after retail corridors. Currently improved by a two-story building with ground-floor retail and five residential units above, the property totals approximately 16,091 existing square feet featuring outdoor space for existing residential units and a loading dock for the retail.
The site is zoned R6B, C2-4, allowing for up to 28,500 buildable square feet as-of-right, or up to 34,200 buildable square feet utilizing the Inclusionary Housing Program (UAP), presenting an attractive opportunity for redevelopment or value-add repositioning.
This offering represents a unique opportunity to acquire a prominent property in the heart of one of New York City’s most desirable neighborhoods, with the flexibility to capitalize on existing income, pursue redevelopment, or execute a long-term hold strategy in a location that will continue to appreciate.