Serbian doc buys on Upper West Side

Dr. Milovan Rakic and Xenia Rakic bought a condo at 375 Riverside Dr. on the Upper West Side from Peter Ross and Mary Ross for $850,000 on Dec. 16.

The Ross paid $891,000 for the Unit #11BB in June 2006. The building dates back to 1922 and was converted to a cooperative in 1983 It has 103 units on 14 floors.

Dr. Rakic is an internal medicine physician and practices in New York. He also specializes in physical medicine and rehabilitation and rheumatology.

He received his M.D. from the University of Belgrade.

Sales at 375 Riverside Dr. dropped 33.3 percent from 2006-2007. The median sales price also dropped 35 percent during that time period.

There were 1,707 condo sales on the Upper West Side in 2008, with a median sales price of $840,000.

Address: 375 Riverside Drive, Unit: 11bb
Buyer(s): Rakic, Milovan, Rakic and Xenia
Seller(s): Ross, Peter, Ross and Mary
Sale date: Dec. 16, 2008

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