Two Carroll Gardens Condos in a Restored Townhouse at 122 3rd Place

Welcome to 122 3rd Place, a boutique two-unit condominium taking shape inside a restored townhouse in the heart of Carroll Gardens, Brooklyn. This is genuinely small-scale, the kind of project where each home gets the full architectural attention of the building, and at this price point, the buyer pool is people who want a Carroll Gardens address without any renovations required.

Where Things Stand

Where things stand: 122 3rd Place's offering plan was submitted to the New York State Attorney General on December 23, 2024, and was accepted on January 13, 2026. The plan is accepted, the sponsor can take reservations and sign contracts, and pricing has been released, but sales have not officially started yet. This is the window between acceptance and active sales, an opportune time to explore the building if it’s on your list or mind.

The Numbers So Far

The offering plan shows pricing in the $3.95M to $4.5M range per unit. With two homes in the building, the total sell-out sits in the $8M to $9M neighborhood. The building runs about 2,700 square feet, which works out to around 1,350 square feet per home on average. I will update this post with the final unit-by-unit pricing once the listings are released.

Curious About the Process to Buy in a New Development?

Read my blog post all about new development.

A Boutique Condo Experience

With just two residences, 122 3rd Place is as boutique as condos get. The developer is Build360, with Atelier New York Architecture handling the design. The amenity stack favors outdoor living: a garden, a backyard, dedicated storage, and pets allowed. Final finishes and the unit-by-unit mix will be released as listings come live.

The Heart of Carroll Gardens

Carroll Gardens is one of Brooklyn's most tightly held brownstone neighborhoods, defined by its tree-lined blocks, its Italian-American history, and the cluster of restaurants and shops along Smith Street and Court Street. 122 3rd Place puts you right in the middle of it

  • The F and G trains at Carroll Street are a 3-minute walk.

  • The D/N/R at 4th Avenue and 9th Street is about 14 minutes for the next ring of options.

  • The building is zoned to P.S. 058 The Carroll, in District 15, one of the most sought-after public school districts in Brooklyn.

  • Walkable to Carroll Park, Cobble Hill Park, the Smith Street restaurant row, and Court Street's everyday commercial corridor.

Designed for Modern Brooklyn Living

New condos in Carroll Gardens at this scale are rare by definition. The building stock here is small, and most new development gets sold as townhouses rather than two-unit condominiums. For a buyer who wants new construction and Carroll Gardens character without the operational lift of a whole townhouse, 122 3rd Place is the kind of project worth knowing about before listings publish.

Discover Other Similar Projects

If you like the scale and timing of 122 3rd Place, take a look at 110 Boerum Place in nearby Cobble Hill, 655 Baltic Street in Boerum Hill, and 431 7th Avenue up the slope.

Your next Brooklyn home may be closer than you think. Let’s talk if you have any questions.

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Four Restored Condos in the Fort Greene Historic District at 39 South Portland Avenue

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Brownstone Brooklyn Meets Modern Design at 181 Monroe Street