Sabet Management has paid $19.5 million, or $361,111/unit, for three neighboring apartment buildings with 54 units in Manhattan’s Alphabet City area. The properties, at 504-508 East 12th St., between avenues A and B, were purchased form Kushner Cos. in a deal arranged by Marcus & Millichap. JPMorgan Chase Bank has provided $14.2 million of financing. […]

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