Queens, NY Kassin Sabbagh Realty, LLC has completed the sale of a 216,000 s/f as of right development site in the downtown area of the Far Rockaway neighborhood. Radson Development purchased the site at 19-38 Cornaga Ave. and 10-18 Beach 20th St. for $6 million.
Steven Pollan of Kassin Sabbagh was the sole broker on the transaction.
Radson Development plans to build two 10-story buildings, containing a total 146 units and 15,000 s/f of community facility space.
The project is part of the rezoning that has taken place in the area.
KSR is one of NYC ‘s leading full service real estate brokerage firms. With more than $400M of Invesment sales and more than 500,000 SF of new leases in 2019 KSR has become one of the fastest growing Real Estate firms in NYC.
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