502 East 12 Street

Owner: Sabet Group

Acquired: April 30, 2026, $4.3 million

Debt: April 30, 2026, $3 million

Built: 1900

SF: 6,300

Dwelling units: 10

No. of buildings: 1

Class: Old Law Tenements (C4)

Floors: 5

Transactions:

• None borrowed $3 million from None for 502 East 12th Street, Alphabet City, Manhattan on April 30, 2026.

• Norma Herrick sold 502 East 12th Street, Alphabet City, Manhattan for $4.3 million to Sabet Group on April 30, 2026.

Development:

• Peter Herrick filed alteration job M00534976 for 250 sqft RES building with 10 apartments in Alphabet City, Manhattan, on June 08, 2021.

• Peter Herrick filed alteration job M00413632 for 750 sqft R-2 building with 10 apartments in Alphabet City, Manhattan, on October 15, 2020.

• Peter Herrick filed alteration job 123371323 for PUB building with 12 apartments in Alphabet City, Manhattan, on November 13, 2018.

• Peter Herrick filed alteration job 103739689 for building with 10 apartments in Alphabet City, Manhattan, on March 23, 2004.

• Peter Herrick filed alteration job 103156852 for building with 10 apartments in Alphabet City, Manhattan, on May 10, 2002.