Alfred Sabetfard
Sabet Group
(Sabet Management)
Owner
38 West 31st Street Ste 3. New York, NY 10001
Sabet Group NYC portfolio
$773.2 million -walkup 68%, hotel 12%, elevator 9%; Manhattan 99%*
340th largest portfolio by dollar value
880,068 sqft – walkup 62%, hotel 15%, elevator 14%; Manhattan 97%, Brooklyn 2%
583th largest by SF
64 properties – Manhattan 98%, Brooklyn 1%
146th largest
1,053 residential units – Manhattan 98%, Brooklyn 1%
362th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Buyer signatory: 10 for $75 million
Borrower signatory: 13 for $155.7 million
Top Ten Associated Companies:
Signature Bank (12), Citizens Bank (8), Citibank (6), Greystone & Co. (5), Dime Community Bank (3), BRM Development (2), Leonard Eis (2), JPMorgan Chase (2), Capital One (2), Milton Merl & Associates (1)
Top Ten Associated People:
N. Tyler Darby (4), Garrett Sokoloff (3), Anna Gutteridge (3), Lewis M. Barbanel (2), Leonard Eis (2), Milton Merl (1), David Baron (1), Robert M. Pollack (1), Jerri S. Hessol (1), Gail I. Hessol (1)
Recent activity as signatory:
• Sabet Group borrowed $9.8 million from Citizens Bank for 118 Mac Dougal Street and 116 Mac Dougal Street, Greenwich Village, Manhattan on July 29, 2026.
• BRM Development sold 118 Mac Dougal Street, Greenwich Village, Manhattan for $7 million to Sabet Group on July 29, 2026.
• BRM Development sold 116 Mac Dougal Street for $7 million to Sabet Group on July 29, 2026.
• Sabet Group borrowed $19.9 million from Citizens Bank for 459 Broome Street on July 27, 2026.
• Sabet Group borrowed $17 million from Citibank for 226 Avenue B on July 02, 2026.
• Sabet Group borrowed $2.8 million from Citizens Bank for None on July 01, 2026.
• Daniel Rootenberg sold None for $4.3 million to Sabet Group on July 01, 2026.
• Norma Herrick sold 502 East 12 Street for $4.3 million to Sabet Group on April 29, 2026.
• Sabet Group borrowed $3 million from Citizens Bank for 502 East 12 Street on April 29, 2026.
• Rooben Heardoon sold None for $3.2 million to Sabet Group on April 15, 2026.
Latest Stories:
• Sabet Group pays $4.3M for 9-unit walkup in Kips Bay (July 07, 2026)
• Sabet Group pays $4.3M for 10-unit walkup in Alphabet City (May 01, 2026)
• Sabet Group pays $3.2M for mixed-use in Alphabet City (April 21, 2026)
• Sabet Group signs $22.8M refi for two walkups in Alphabet City (January 08, 2026)
• Sabet Group pays $4.3M to long-time owners for mixed-use in Murray Hill (November 20, 2025)
• Sabet Group pays $13M to Hirsch Enterprises for walkup in Alphabet City (March 26, 2025)
• Sabet Group pays $6.3M for 8-unit walkup in Greenwich Village (March 20, 2025)
• Sabet Group pays $9.4M for 38-unit walkup in East Village (March 05, 2025)
• Sabet Group signs $25M refi for two walkups in Chelsea (February 05, 2025)
• Sabet Group pays $16.3M to Abro for 44-unit rental in Gramercy (December 16, 2024)