231 East 59 Street

Owner: Witnick Real Estate Partners

Acquired: January 29, 2020, $17.5 million

Debt: August 12, 2022, $14.1 million

Built: 1930

Renovated: 1980

SF: 25,400

Dwelling units: 25

No. of buildings: 1

Class: Fireproof – With Stores (D6)

Floors: 6

Transactions:

• Witnick Real Estate Partners and Gorjian Real Estate Group borrowed $14.1 million from Signature Bank for 227 East 59th Street, Lenox Hill, Manhattan on August 12, 2022.

• Witnick Real Estate Partners borrowed $10.5 million from Signature Bank for 227 East 59th Street, Lenox Hill, Manhattan on January 29, 2020.

• Tri-Star Equities sold 227 East 59th Street, Lenox Hill, Manhattan for $17.5 million to Witnick Real Estate Partners on January 29, 2020.

Development:

• Isaac Abraham filed plans for alteration in Lenox Hill, Manhattan, on July 23, 2020.

• Isaac Abraham filed plans for alteration in Lenox Hill, Manhattan, on June 03, 2020.

• Isaac Abraham filed plans for alteration in Lenox Hill, Manhattan, on June 01, 2020.

• Fari Hama filed plans for A3 in Lenox Hill, Manhattan, on March 29, 2010.

• Rod Feldman filed plans for alteration in Lenox Hill, Manhattan, on June 06, 2014.

Violations:

According to city public data, the properties have received eight housing violations and $4,110 in OATH penalties in the last year.

Latest Stories:

• Witnick Real Estate Partners borrows $11M from Signature Bank for acquisition of property in Lenox Hill (January 30, 2020)