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Sabet Group Acquires Mixed-use Property At 176 Stanton Street Lower East Side For $4.5M

Property Image
SOLD
$4,500,000

New York

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Mixed-use9,565 SF
Sold 01/15/2026
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Property Image
SOLD

Sabet Group Acquires Mixed-use Property At 176 Stanton Street Lower East Side For $4.5M

176 Stanton Street

See Similar Deals
Mixed-use9,565 SF
Sold 01/15/2026
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$470
Total Square Footage:9,565 SF
Transaction Type:Sale

The property at 176 Stanton Street is a mixed-use asset consisting of 1 commercial unit and 17 residential units. The transaction concluded at a sale price of $4,500,000, encompassing a total of 18 units with a price per unit of $250,000. The property spans a total square footage of 9,565, resulting in a price per square foot of $470. The site is located in the Lower East Side market.

Summary of transaction details:

  • Property Type: Mixed-use (1 Commercial & 17 Residential)
  • Transaction Amount: $4,500,000
  • Units: 18
  • Price Per Unit: $250,000
  • Square Footage: 9,565
  • Price Per Square Foot: $470
  • Buyer: Sabet Group
  • Broker: Robert Aaron - Horvath & Tremblay
  • Date: 1/15/2026
  • Address: 176 Stanton Street
  • Market: Lower East Side

Robert Aaron from Horvath & Tremblay represented the buyer, Sabet Group, in this transaction, facilitating the deal in the Lower East Side market.

Players

Robert Aaron
Horvath & Tremblay
Robert Aaron
14 deals$104.9M volume(212) 951-1041
BROKER
SG
Sabet Group
BUYER

Details

SOLD
IMAGE: Robert Aaron DATE: 1/15/2026 ADDRESS: 176 Stanton Street MARKET: Lower East Side ASSET TYPE: Mixed-use (1 Commercial & 17 Residential) BUYER: Sabet Group BROKER: Robert Aaron - Horvath & Tremblay SALE PRICE: $4,500,000 UNITS: 18 ~ PPU: $250,000 SF: 9,565 ~ PPSF: $470

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$240,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$15,987.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$21,332.30
Annual Debt Service$255,987.55