SALE
IMAGE: Sadya Liberow & Shariel Benshar
DATE: 5/20/2026
ADDRESS: 358 Flatbush Avenue
MARKET: Brooklyn
ASSET TYPE: Development Site
SELLER: Pintchik Family
BUYER & SELLER'S REP: Sadya Liberow & Shariel Benshar - Asset CRG Advisors
SALE PRICE: $18,112,109
BSF: 40,554 ~ PPBSF: $447
SF: 5,965 ~ PPSF: $3,036
BROKER'S NOTE: Asset CRG Advisors successfully facilitated the disposition of 358 Flatbush Avenue, a premier Brooklyn development site located at the crossroads of Park Slope and Prospect Heights, overlooking Grand Army Plaza and Prospect Park.
The transaction was structured as a ground lease with a purchase option valued at $18.1 million, representing approximately $446 per buildable square foot. The site incorporated more than 16,000 square feet of transferred air rights from neighboring properties. Plans filed call for a 65-unit mixed-use development.
This transaction highlights the importance of expert broker representation when structuring and negotiating complex transactions involving unique assets in premier locations. Asset CRG Advisors has successfully negotiated a variety of deal structures, including ground leases, preferred equity investments, joint ventures, purchase options, and traditional sales, helping owners and developers maximize value and achieve their objectives.
For a consultation about your property or to learn more about this deal please contact:
Sadya Liberow
Phone: 646.363.6175
Email: Sadya@assetcrg.com
Shariel Benshar
Phone: 718-750-1225
Email: Sbenshar@assetcrg.com
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