Asset CRG Advisors has successfully completed the sale of a mixed-use development site in Ocean Hill, East New York. The property, located at 44 Rockaway Ave and 352 Shepherd Ave, was sold for a total price of $4,175,000. The site spans a total square footage of 18,460, resulting in a price per square foot of $226.

Summary of transaction details

• Property Type: Mixed Use, Development Site
• Transaction Amount: $4,175,000
• Market: Ocean Hill, East New York

Sadya Liberow and Mark Akilov from Asset CRG Advisors served as the brokers for the deal. Asset CRG has transacted on over $200 million in sales in the last 12 months. To discuss these deals or other potential off-market opportunities, you can reach out to Sadya Liberow at 646.363.6175 or [email protected], and Mark Akilov at 646.361.6274 or [email protected].

Asset CRG Advisors continues to thrive in an ever-changing market, ensuring successful transactions like the sale of 44 Rockaway and 352 Shepherd Ave. For those interested in scheduling an interview or exploring available sales positions, please send an email to [email protected].