Pin Hung Acquires Development Site At 611 Classon Avenue In New York City For $550K

A development site located at 611 Classon Avenue in New York City has been sold for a price of $550,000. The property spans 1,779 square feet, resulting in a price per square foot of $309. The transaction took place on 04/03/2023.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $550,000

The buyer of the property was Pin Hung, while the seller was Jeff Sputz. The sale was facilitated by Sadya Liberow from Asset Commercial Realty Group.

Note from broker: Asset CRG Advisors successfully facilitated the sale of 611 Classon Ave. Although interest rates have been rising, the property was acquired at a significantly reduced price. Asset CRG encourages buyers to explore their available deals at reasonable prices.

To discuss available deals or potential off-market opportunities, interested parties can contact Sadya Liberow at:
Phone: 646.363.6175
Email: [email protected]