Mixed-use Property At 1374 3rd Avenue Sold For $8.77M With Seller's Rep Mirza Avdovic & Christina Pensa
1374 3rd Avenue
$8,770,650
$3,508/SF
Building Size
2,500 SF
Asset Type
Mixed-use
Closing
Jun 15, 2025
AI
The property asset involved in this transaction is located at 1374 3rd Avenue in the Upper East Side market. It is a mixed-use asset comprising 12 units. The property was sold for a total of $8,770,650, resulting in a price per unit of $730,887. The building covers a square footage of 2,500, giving it a price per square foot of $3,508.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $8,770,650
- Units: 12
- Price Per Unit: $730,887
- Square Footage: 2,500
- Price Per Square Foot: $3,508
- Seller's Representatives: Mirza Avdovic & Christina Pensa - Keller Williams NYC
- Date of Transaction: 6/16/2025
Mirza Avdovic and Christina Pensa represented the seller in this transaction, indicating their role in facilitating the sale through Keller Williams NYC. Their representation was crucial in managing the deal and ensuring a successful transaction for the seller.
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.81%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93