The property asset involved in the transaction is a development site located at 31-05 Astoria Boulevard North in Astoria, Queens. The sale price for the property was $10,500,000, with a building square footage of 61,000 and a price per building square foot of $172.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $10,500,000
• Address: 31-05 Astoria Boulevard North
• Market: Astoria, Queens
• Building Square Footage: 61,000
• Price Per Building Square Foot: $172
• Seller: The Thomas Anagnostopoulos Family
• Brokers: Donal Flaherty, Tom Reynolds, & Robert Rappa - Investment Property Realty Group (IPRG)

This transaction involved key representatives from Investment Property Realty Group, specifically Donal Flaherty, Tom Reynolds, and Robert Rappa, who acted as brokers in the sale, representing the seller throughout the process.