Updated Oct 22, 2026
Leor Sabet Purchases East Village Multifamily Property For $3,225,000 With Meridian Capital Group Brokers
327 East 14th Street
$3,225,000
$593/SF
Building Size
5,431 SF
Asset Type
MultiFamily
Closing
Oct 16, 2026
About this deal
AI
The asset involved in this transaction is a multifamily property located at 327 East 14th Street in the East Village. It has a total square footage of 5,431 and was sold for $3,225,000, translating to a price per square foot of $593.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $3,225,000
- Address: 327 East 14th Street
- Market: East Village
- Square Footage: 5,431
- Price Per Square Foot: $593
- Buyer: Leor Sabet
- Brokers: David Schechtman, Henry Barnathan & Matthew Kennedy - Meridian Capital Group
The representatives for the buyer in this transaction were David Schechtman, Henry Barnathan, and Matthew Kennedy from Meridian Capital Group, underscoring their role in facilitating the deal. Their involvement reflects the professional expertise necessary for successful property transactions within the multifamily market.
On the Map
$3,225,000
$593/SF
MultiFamily
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Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.92%
Cash-on-Cash
-1.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93