Asset CRG Advisors Facilitates Sale Of Development Site Package In Brooklyn For $2.78M

The transaction involved a three-property 421A Development site package located at 76 East 53rd Street, 102 East 53rd Street, and 104 East 53rd Street in Brooklyn. The properties were sold for $2,781,000, featuring a total of 21,002 buildable square feet, with a price per buildable square foot of $132. The total square footage of the properties is 7,093, resulting in a price per square foot of $392. The properties were delivered shovel-ready and fully approved at closing.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $2,781,000
• Address: 76 East 53rd Street, 102 East 53rd Street & 104 East 53rd Street
• Market: Brooklyn
• Buildable Square Feet: 21,002
• Price per Buildable Square Foot: $132
• Total Square Footage: 7,093
• Price per Square Foot: $392

Sadya Liberow and Jonathan Aronov of Asset CRG Advisors represented the sellers in this transaction. Asset CRG Advisors successfully facilitated this sale and is currently marketing additional development sites in the boroughs. Contact information for the brokers includes Sadya Liberow at 646.363.6175 or [email protected] and Jonathan Aronov at 347.981.5571 or [email protected].