TERRACRG BROKERS $2.3M DEVELOPMENT SITE SALE IN BROOKLYN

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NEW YORK CITY — TerraCRG has brokered the $2.3 million sale of a development site located at 1191 Ocean Ave. on the Flatbush/Ditmas Park border of Brooklyn. Situated between Farragut and Glenwood roads, the development site was delivered with approved plans for 24,455 square feet. The buyer plans to develop a seven-story, 27-unit residential building on the site. Ofer Cohen, Melissa DiBella, Dan Marks, Peter Matheos, Michael Hernandez and Joseph Terzi of TerraCRG negotiated the transaction.

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