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
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