Chabad UES pays $4M to Aryeh Realty for single-family in Lenox Hill

Chabad Lubavitch Upper East Side paid $4 million to Aryeh Realty through the entity Shesah LLC for the single-family building at 219 East 72nd Street in Lenox Hill, Manhattan. The expected use is owner-occupied. (The building is described as single-family in the transfer records and as a two-unit building in the city’s Department of City Planning records.)
The deal closed on April 16, 2026 and was recorded on April 23, 2026. The property has 2,880 square feet of built space and 12,447 square feet of additional air rights for a total buildable of 15,330 square feet according to a PincusCo analysis of city data. The sale price per built square foot is $1,406 and the price per buildable square foot is $264 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The seller bought the property on September 18, 2017, for $6.1 million. The signatory for Aryeh Realty was Stephen I. Feder. The signatory for Chabad Lubavitch Upper East Side was Ben Zion Krasnianski . The contract date was April 16, 2026.

Prior sales, articles and revenue

Prior to this transaction, PincusCo has no record that the buyer Chabad Lubavitch Upper East Side, which also uses the name Chabad Upper East Side, had purchased any other properties and has no record it sold any properties over the past 24 months.
The seller Aryeh Realty purchased one property in one transaction for a total of $3.1 million and had not sold any properties over the same time period.

The property

The single-family building in Lenox Hill has 2,880 square feet of built space and 12,447 square feet of additional air rights for a total buildable of 15,330 square feet according to a PincusCo analysis of city data. The parcel has frontage of 15 feet and is 102 feet deep with a total lot size of 1,533 square feet. The zoning is R10A which allows for up to 10 times floor area ratio (FAR) for residential with inclusionary housing. The city-designated market value for the property in 2022 is $5.6 million.

Violations and lawsuits

There were no lawsuits or bankruptcies filed against the property for the past 24 months. In addition, according to city public data, the property has received $500 in ECB penalties and $550 in OATH penalties in the last year.

Development

There are no active new building construction projects or major alteration projects with initial costs more than $1 million on this tax lot.

The block

On this tax block, PincusCo has identified the owners of two of the four commercial properties representing 174,857 square feet of the 182,853 square feet. The two identified owners are Alexandra Koeppel and Vilma Gaudio.
There are no active new building construction projects on this tax block.

The majority, or 91 percent of the 182,853 square feet of built space are elevator buildings, with walkup buildings next occupying 9 percent of the space.

The seller

The PincusCo database currently indicates that Aryeh Realty owned at least 14 commercial properties with 108 residential units in New York City with 125,848 square feet and a city-determined market value of $97.5 million. (Market value is typically about 50% of actual value.) The portfolio has $49.3 million in debt, with top three lenders as JPMorgan Chase, Derby Copeland Capital, and Flushing Bank respectively. Within the portfolio, the bulk, or 60 percent of the 125,848 square feet of built space are walkup properties, with elevator properties next occupying 23 percent of the space.

Direct link to Acris document. link