CORE Acquires Development Site At 375 Smith Street From Ning Huang For $8,450,000

The property involved in this transaction is a development site located at 375 Smith Street in Brooklyn. The asking price for this asset was $8,450,000.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $8,450,000
• Buyer: CORE
• Seller: Ning Huang
• Buyer's Representative: Matthew Algoo - Matthew Algoo
• Market: Brooklyn

This transaction is represented by Matthew Algoo from Matthew Algoo, who noted that a new development will be forthcoming in Carroll Gardens, consisting of a curated collection of thoughtfully designed residences.