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1374 3rd Avenue

Mixed-use Property At 1374 3rd Avenue Sold For $8.77M With Seller's Rep Mirza Avdovic & Christina Pensa
SOLDMixed-use

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

Mirza Avdovic

Keller Williams NYC

Broker

$35.7M

vol

5 deals

Broker
Keller Williams Realty
Keller Williams RealtyBrokerage

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