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2127 3rd Avenue

Nasir Sasouness Purchases Mixed-use Property From Suarez Family In East Harlem For $1.54M
SOLDMixed-use

Nasir Sasouness Purchases Mixed-use Property From Suarez Family In East Harlem For $1.54M

2127 3rd Avenue

$1,540,000

$222/SF

Building Size

6,908 SF

Asset Type

Mixed-use

Closing

Sep 29, 2025

AI

This mixed-use property is located at 2127 3rd Avenue in East Harlem. It was sold for a price of $1,540,000, encompassing 8 units within a total square footage of 6,908. The price per unit stands at $192,500, while the price per square foot is $222. The property is fully rent stabilized.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $1,540,000
  • Buyer: Nasir Sasouness
  • Seller: Suarez Family
  • Broker: Robert Aaron - Horvath & Tremblay
  • Units: 8
  • Square Footage: 6,908
  • Price per Unit: $192,500
  • Price per Square Foot: $222
  • Note: 100% Rent Stabilized

In this transaction, Nasir Sasouness acquired the property from the Suarez Family, with Robert Aaron from Horvath & Tremblay representing the seller. This transaction highlights the active mixed-use market in East Harlem.

Players

Robert Aaron

Horvath & Tremblay

Broker

$104.9M

vol

14 deals

Broker

Nasir Sasouness

Buyer

$10.4M

vol

3 deals

Buyer

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

10.30%

Cash-on-Cash

-2.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93