226 Avenue B

Owner: Sabet Group

Acquired: March 25, 2025, $13 million

Debt: March 25, 2025, $8.4 million

Built: 1905

Renovated: 1987

SF: 15,174

Dwelling units: 26

No. of buildings: 1

Class: Over Six Families With Stores (C7)

Floors: 6

Transactions:

• Sabet Group borrowed $8.4 million from Citizens Bank for 224 Avenue B, Alphabet City, Manhattan on March 25, 2025.

• Hirsch Enterprises sold 224 Avenue B, Alphabet City, Manhattan for $13 million to Sabet Group on March 25, 2025.

Development:

• Sukhdev Singh filed alteration job M01391093 for building in Alphabet City, Manhattan, on April 23, 2026.

• Malkeet Singh filed alteration job M01353969 for 3,000 sqft R-2 building with 28 apartments in Alphabet City, Manhattan, on February 04, 2026.

• Mandeep Kaur filed alteration job M01349290 for 200 sqft building with 28 apartments in Alphabet City, Manhattan, on January 25, 2026.

• Leor Sabet filed alteration job M01199955 for 2,301 sqft RES building with 26 apartments in Alphabet City, Manhattan, on March 28, 2025.

• Leor Sabet filed alteration job M01198197 for 3,170 sqft RES building with 26 apartments in Alphabet City, Manhattan, on March 24, 2025.

Violations:

According to city public data, the properties have received one DOB violation, $12,500 in ECB penalties, and $12,750 in OATH penalties in the last year.

Latest Stories:

• Sabet Group pays $13M to Hirsch Enterprises for walkup in Alphabet City (March 26, 2025)