Boutique Development Opportunity with Approved Plans in Boerum Hill

$4,150,000

157 Smith Street, New York, NY 11201

For Sale

Development Unknown Sub Type

Active

Last Updated: 10/15/2025

Lot Area: 2,500 sqft

Zoning: R6A / C2-4

Buildable Area: 11,162 sqft

Located on the east side of Smith Street between Bergen & Wyckoff Streets
Approved plans for a 5-story, 11,162 SF 7-unit elevator building
1 commercial space, four (4) 1-bedroom/1-bath and two (2) 2-bedroom/2-bath duplexes
Protected Tax Class 2B
Commercial rents range from $125/SF to $200/SF
Condominium sellouts $1,600+/SF; Residential rents $85+/SF
A bustling corridor home to local and national tenants with foot traffic of 10,000+ pedestrians daily in Boerum Hill
Within a two block radius of the Bergen Street F & G station, Boerum Park and in a geography district with an abundance of top rated public/ private schools in NYC

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