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1880 3rd Avenue

Katy Chiang Acquires Retail Property In East Harlem From Speiser Family For $1.8M

1880 3rd Avenue

2,920 SF
clock iconSold 1 year ago
Uriel Setareh
Ryan Sabet
Kevin Darouvar
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2,920 sqft

The retail property located at 1880 3rd Avenue in East Harlem has been sold. The property spans 2,920 square feet with a sale price of $1,800,000, resulting in a price per square foot of $616. The building also has a buildable square footage of 12,040, with a price per buildable square foot of $149. The transaction took place on April 9, 2021.

Summary of transaction details

  • Property Type: Retail
  • Sale Price: $1,800,000
  • Square Footage: 2,920
  • Price per Square Foot: $616
  • Buildable Square Footage: 12,040
  • Price per Buildable Square Foot: $149
  • Date of Sale: April 9, 2021

The buyer of the property is Katy Chiang, while the seller is the Speiser Family. The transaction was facilitated by Kevin Darouvar, Uriel Setareh, Yoel Sarraf, and Ryan Sabet. Kevin Darouvar and the Darouvar Team, along with Uriel Setareh, Yoel Sarraf, and Ryan Sabet from 212MultiFamily, represented the seller in this deal. It is worth noting that both the Darouvar Team and 212MultiFamily were exclusively hired to represent the seller after successfully selling the adjacent building at 1878 3rd Avenue in 2019 for $2,100,000.

Currently, the Darouvar Team and 212MultiFamily are also involved in marketing the following properties:

  1. 6 St. Marks Pl, Manhattan - Retail/Office
  2. 133 East Broadway, Manhattan - Mixed-Use
  3. 1407 Flatbush Avenue, Brooklyn - New Construction 421-A
  4. 351 Atlantic Avenue, Brooklyn - 18,000 SF Vacant Asset

For those interested, the Darouvar Team is currently offering opportunities for Investment Sales Associates. More information can be obtained by reaching out via Private Message.


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Uriel Setareh's profile picture
Uriel Setareh
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$18.7M Sold
Kevin Darouvar's profile picture


Deal Summary
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IMAGE: Ryan Sabet, Kevin Darouvar Yoel Sarraf & Uriel Setareh DATE: 04/09/2021 ADDRESS: 1880 3rd Avenue MARKET: East Harlem ASSET TYPE: Retail BUYER: Katy Chiang SELLER: Speiser Family BROKERS: Kevin Darouvar (@KDarouvar) @Darouvar_Team; Uriel Setareh (@UriSetareh), Yoel Sarraf (@PicsByYoel) & Ryan Sabet (@RyanASabet) @212MultiFamily @VCPRE ASKING PRICE: $2,000,000 SALE PRICE: $1,800,000 BSF: 12,040 ~ PPBSF: $149 SF: 2,920 ~ PPSF: $616 NOTE: @Darouvar_Team and @212MultiFamily were hired exclusively to represent the seller on this transaction after selling 1878 3rd Avenue (adjacent building) in 2019 for $2,100,000. Darouvar Team and 212MultiFamily are currently marketing the following properties: 1) 6 St. Marks Pl, Manhattan (Retail/Office) 2) 133 East Broadway, Manhattan (Mixed-Use) 3) 1407 Flatbush Avenue, Brooklyn (New Construction 421-A) 4) 351 Atlantic Avenue, Brooklyn (18,000 SF Vacant Asset) @Darouvar_Team is currently hiring Investment Sales Associates. Private Message for more information.

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Address1880 3rd Avenue


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