Located in the heart of Boerum Hill, 157 Smith Street presents a rare boutique development opportunity with fully approved plans for a five-story, mixed-use elevator building. The proposed design includes one ground-floor commercial space and six residential units—four one-bedroom apartments and two spacious two-bedroom duplexes—offering a compelling mix for both investors and end-users. Positioned on a vibrant stretch of Smith Street between Bergen and Wyckoff Streets, the site benefits from exceptional pedestrian traffic exceeding 10,000 daily, and is surrounded by a dynamic blend of local retailers, national brands, and lifestyle amenities. Within a two-block radius are the Bergen Street F & G subway stations, Boerum Park, and a selection of top-rated public and private schools, enhancing the appeal for residential buyers and tenants. The property’s zoning (R6A / C2-4) and protected Tax Class 2B status support long-term value, while the approved plans allow for 11,162 buildable square feet. Commercial rents in the area range from $125 to $200 per square foot, and residential rents exceed $85 per square foot, with condominium sellouts projected at $1,600+/SF. This corridor is a proven destination for boutique retail and high-end residential living, making 157 Smith Street a strategic acquisition for developers seeking a turnkey project in one of Brooklyn’s most desirable neighborhoods.