The asset involved in the transaction is a development site located at 31-42 38th Street in Astoria. The site was sold for a transaction amount of $1,560,000, with a total building square footage of 5,000 and a price per building square foot of $312.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $1,560,000
• Address: 31-42 38th Street
• Market: Astoria
• Total Building Square Footage: 5,000
• Price Per Building Square Foot: $312
• Buyer: Jan Serafin
• Seller: Ekrem Redzematovic
• Brokers: Alexandre Goulet, Christopher Daniels & Anand Melwani - Landair Property Advisors

Key individuals in the transaction include buyer Jan Serafin and seller Ekrem Redzematovic, who facilitated the deal through the brokerage of Alexandre Goulet, Christopher Daniels, and Anand Melwani from Landair Property Advisors.