Terra CRG Brokers $21.5M Sale Of Development Site At 320 Smith Street In Carroll Gardens

This development site located at 320 Smith Street in the Carroll Gardens neighborhood of Brooklyn was sold for $21,500,000. The property has a building square footage of 34,200, resulting in a price per building square foot of $628. It features a total square footage of 16,091, equating to a price per square foot of $1,336. The site was formerly occupied by Rite Aid.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $21,500,000
• Building Square Footage: 34,200
• Price per Building Square Foot: $628
• Total Square Footage: 16,091
• Price per Square Foot: $1,336
• Address: 320 Smith Street
• Neighborhood: Carroll Gardens
• Market: Brooklyn

The brokers representing the seller in this transaction are Dan Marks and Daniel Lebor from Terra CRG. Their expertise facilitated this sale, ensuring a streamlined process for both parties involved.