1224 Lexington Avenue
Carnegie Hill, Manhattan
Parcel ID (BBL): 1015110155
Owner: Sma Equities
Debt: January 24, 2025, $31.2 million
Built: 1918
Renovated: 1980
SF: 8,484
Dwelling units: 8
No. of buildings: 1
Class: Stores, Apartments Above (K4)
Floors: 4
Transactions:
• SMA Equities borrowed $31.2 million from Safra National Bank for 1220 Lexington Avenue, 113 Stanton Street, 108 Delancey Street, 289 3rd Avenue, and 1209 Lexington Avenue, Carnegie Hill, Manhattan on January 24, 2025.
• SMA Equities borrowed $18.7 million from Safra National Bank for 1220 Lexington Avenue, 113 Stanton Street, and 1209 Lexington Avenue, Carnegie Hill, Manhattan on March 25, 2022.
Development:
• Sassan Mahfar filed plans for alteration in Carnegie Hill, Manhattan, on April 19, 2024.
• Sassan Mahfar filed plans for alteration in Manhattan, on August 28, 2023.
• Leo Schaltz filed plans for alteration in Carnegie Hill, Manhattan, on January 27, 2023.
• Leo Schaltz filed plans for alteration in Carnegie Hill, Manhattan, on January 17, 2023.
• Stefanie Ruch filed plans for alteration in Carnegie Hill, Manhattan, on May 16, 2018.
Violations:
According to city public data, the properties have received $50 in OATH penalties in the last year.