Just use mod operator.
@{
var row = 0;
foreach (var item in Model)
{
++row;
if (row == 1)
{
///APPLY FIRST RECORD CSS:- Works FINE
}
else if ((row + 1) % 3 == 0){
// 2,5,8…
<div class="row">
<div class="col-sm-4">
</div>
</div>
} else {
// other
}
}