Sabet Group Acquires Mixed-Use Building In East Village For $12.25M

280 East 10th St., a mixed-use property located in the East Village, has been sold in a closed transaction for $12,250,000. The property spans over 19,464 square feet, resulting in a price per square foot of $629. The sale included a total of 37 units, with an average price per unit of $331,081. The transaction was facilitated by Aaron Jungreis & Ben Khakshoor from Rosewood Realty Group, representing the buyer, Sabet Group, and the seller, Ramer & Saperstein.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $12,250,000
• Address: 280 East 10th St.
• Market: East Village
• Square Footage: 19,464
• Price per Square Foot: $629
• Units: 37
• Price per Unit: $331,081

Aaron Jungreis & Ben Khakshoor, representing Rosewood Realty Group, played a crucial role in facilitating the transaction between the buyer, Sabet Group, and the seller, Ramer & Saperstein. Their expertise and negotiation skills contributed to the successful sale of this mixed-use property in the East Village.