[Image via Streeteasy]
A recent transaction to note: 61 E. Seventh St. changed hands for $8.3 million, according to public records dated from late October.
The Sabet Group is the new owner of the 20-unit walk-up between First Avenue and Second Avenue. The seller was listed as the Zimmerman Family Trust.
Streeteasy lists 20 units for the building, where the average rental was $2,400.
In the summer of 2016 the Sabet Group bought 92-94 Second Ave. between Fifth Street and Sixth Street. (Gut-renovated units there are now asking upwards of $7,000 a month, per Streeteasy.)
The Sabet Group has been accused of tenant harassment in the past.
Per Bedford + Bowery:
Tenants in two buildings on 25th Street even took their complaints, which included unmitigated construction, severed telecoms, bug infestations and gas leaks, all the way to the New York State Supreme Court last year. More recently, the company was criticized for dramatically raising the rents on several newly acquired tenants in the West Village, including the prestigious Joffrey ballet school.
As Curbed noted in June 2016, "Sabet Group's inflexible rents also forced famed drag lounge Boots & Saddle to relocate after more than four decades in the building."
