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NEW YORK CITY — Eastern Consolidated has arranged the sale of a residential development site, located at 22-12 Jackson Ave. in the Queens’ neighborhood of Long Island City. Adam America Real Estate purchased the property from Diamond Service Corp. for $43.5 million. Zoned for 169,500 square feet, the property is situated near MoMA PS1, the 1.2 million-square-foot 5Pointz and a new 182-unit apartment building designed by ODA and developed by Jeff Gershon. A taxi company currently occupies the existing 33,900-square-foot lot. Ronald Solarz and Chris Matousek of Eastern Consolidated represented both parties in the transaction.