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Leor Sabetfard Of Sabet Group Acquires Multifamily Property From Stefka Nazarkewycz For $5.3M

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SOLD
$5,300,000

New York

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MultiFamily10,116 SF
Sold 11/10/2025
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SOLD

Leor Sabetfard Of Sabet Group Acquires Multifamily Property From Stefka Nazarkewycz For $5.3M

53 East 7th Street

See Similar Deals
MultiFamily10,116 SF
Sold 11/10/2025
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$523
Total Square Footage:10,116 SF
Transaction Type:Sale

A 12-unit multifamily walkup located at 53 East 7th Street in the East Village market of Manhattan was sold for $5,300,000. The building has a total square footage of 10,116, which translates to a price per square foot of approximately $524. The price per unit is about $441,667.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $5,300,000
  • Units: 12
  • Square Footage: 10,116
  • Price per Unit: $441,667
  • Price per Square Foot: $524
  • Buyer: Leor Sabetfard - Sabet Group
  • Seller: Stefka Nazarkewycz
  • Date of Transaction: 11/10/2025

Leor Sabetfard represented Sabet Group in the acquisition of the property from Stefka Nazarkewycz. This transaction highlights the engagement between these two parties within the multifamily sector in Manhattan.

Players

2 deals$13.9M volume
BUYER

Details

SOLD
IMAGE: Leor Sabetfard DATE: 11/10/2025 ADDRESS: 53 East 7th Street MARKET: East Village, Manhattan ASSET TYPE: Multifamily BUYER: Leor Sabetfard - Sabet Group (@SabetGroup) SELLER: Stefka Nazarkewycz SALE PRICE: $5,300,000 UNITS: 12 ~ PPU: $441,667 SF: 10,116 ~ PPSF: $524 NOTE: Sabet Group bought a 12-unit walkup at 53 East 7th Street in the East Village for $5.3M, or $523 per SF, from Stefka Nazarkewycz.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$18,829.77
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