Sabet Group Acquires Mixed-Use Property At 94 Avenue C For $3.225 Million

This mixed-use property located at 94 Avenue C in the East Village features 1 commercial unit and 3 residential units, comprising a total of 3,962 square feet. The property was sold for $3,225,000, resulting in a price per unit of $806,250 and a price per square foot of $813.

Summary of transaction details:

• Property Type: Mixed-use (1 Commercial & 3 Residential)
• Transaction Amount: $3,225,000
• Units: 4
• Square Footage: 3,962
• Price Per Unit: $806,250
• Price Per Square Foot: $813
• Buyer: Sabet Group
• Seller: Rooben Heardoon
• Brokers: Zachary Ziskin, Adam Lobel, Justin Zeitchik & Christian Ingenito - Investment Property Realty Group (IPRG)

The transaction involved key representatives from Investment Property Realty Group, who facilitated the deal for both the buyer, Sabet Group, and the seller, Rooben Heardoon. The team included Zachary Ziskin, Adam Lobel, Justin Zeitchik, and Christian Ingenito, highlighting the collaborative effort in closing this transaction.