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

265 Pleasant Avenue
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This MultiFamily property located in NY was sold for $6,687,500 over 2 years ago.

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.

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Deals
  • Location
    265 Pleasant Avenue, New York City, New York 10029, United States265 Pleasant Avenue, New York City, New York 10029, United States
  • Sale Price
    $6,687,500$6,687,500
    $335 PPSF$335 PPSF
  • Area
    19,924 SF19,924 SF
  • Asset Type
    MultiFamilyMultiFamily

Deal Summary

SALE DATE: 12/20/2021 ADDRESS: 265 Pleasant Avenue MARKET: East Harlem, Manhattan ASSET TYPE: Multi Family ~ ZONING: R7A BUYER: Nasir Sasouness SELLER: Ehsan Reyhanian PRICE: $6,687,500 BSF: 16,872 ~ PPBSF: $396 SF: 19,924 ~ PPSF: $336 FAR: 4.72 TAX CLASS: 2 LOT SIZE: 4,218 LAST SALE PRICE: $10,000,000 (11/02/2016) LOT DIMENSION: 75.04 ft x 69 ft

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