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
HPD Ownership Registration Information
Last registered: 2025-10-10 (expires 2026-09-01)
1220 Lexington Sm De Llc
Corporate Owner
185 GREAT NECK RD 250 Great Neck, NY, 11021
Jeanette Colaianni
Officer
185 GREAT NECK RD 250 Great Neck, NY, 11021
Eric Alvarez
Agent
164 LUDLOW ST OFFICE New York, NY, 10002
Eric Alvarez
Site Manager
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.