Weiss Family Acquires Development Site In Ocean Hill, Brooklyn For $900K

217-219 Rockaway Ave, located in Ocean Hill, Brooklyn, was recently sold in a successful transaction. The development site was purchased by the Weiss Family from the Pfeiffer Family. The deal was facilitated by brokers Ilya Mirzakandov and Sadya Liberow of Asset CRG Advisors. The property was sold for a price of $900,000.

Summary of transation details

• Property Type: Development Site
• Transaction Amount: $900,000
• Address: 217-219 Rockaway Ave, Ocean Hill, Brooklyn

The Liberow Team of Asset CRG Advisors, consisting of Ilya Mirzakandov and Sadya Liberow, successfully handled the sale of 217-219 Rockaway Ave. The property, which came with the 421-A tax exemption in place, included approved plans for the development of 10 units along with a community facility. Asset CRG Advisors is currently involved in multiple other 421-A sites across the boroughs.

For more information on similar sites for sale or any other inquiries, please contact Sadya Liberow of Asset CRG Advisors at 646.363.6175 or [email protected]. You can also reach out to Ilya Mirzakandov at 718.614.8373 or [email protected].