Nasir Sasouness Acquires Multi Family Property In East Harlem For $6.7M

A multi-family property located at 265 Pleasant Avenue in East Harlem, Manhattan has been sold in a transaction that closed on December 20, 2021. The property is zoned as R7A and has a lot size of 4,218 square feet. Its dimensions are 75.04 ft x 69 ft. The property has a total square footage of 19,924 and a building square footage (BSF) of 16,872. The price for this transaction was $6,687,500, resulting in a price per building square foot (PPBSF) of $396 and a price per square foot (PPSF) of $336. The previous sale of the property took place on November 2, 2016, for a price of $10,000,000.

Summary of transaction details:

• Property Type: Multi Family
• Transaction Amount: $6,687,500
• Market: East Harlem, Manhattan
• Zoning: R7A
• Buyer: Nasir Sasouness
• Seller: Ehsan Reyhanian
• Building Square Footage: 16,872
• Price per Building Square Foot: $396
• Total Square Footage: 19,924
• Price per Square Foot: $336
• Last Sale Price: $10,000,000 (11/02/2016)
• Lot Size: 4,218
• Lot Dimension: 75.04 ft x 69 ft

Nasir Sasouness served as the buyer in this transaction, while Ehsan Reyhanian acted as the seller. The property boasts a floor area ratio (FAR) of 4.72 and falls under tax class 2.