Acquires Multifamily Property At 1330 3rd Avenue For $8.4 Million

The multifamily asset located at 1330 3rd Avenue in the Upper East Side has been sold for $8,400,000. The property comprises 9 units and has a total square footage of 7,312, resulting in a price per unit of $933,333 and a price per square foot of $1,148.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $8,400,000
• Address: 1330 3rd Avenue
• Market: Upper East Side
• Units: 9
• Price Per Unit: $933,333
• Square Footage: 7,312
• Price Per Square Foot: $1,148
• Seller:
• Buyer:
• Seller's Representatives: Mirza Avdovic & Christina Pensa - Keller Williams New York City
• Financing Secured By: @CornerstoneCapitalofNY
• Handled By: Russell Nova & Igor Zakh

The transaction was noted for its corner lot location with free-market upside and development potential, including 8 free-market units above and transferable air rights. The property is anchored by Sables, a neighborhood staple on the Upper East Side, marking a continued legacy of trusted seller portfolio stewardship.