Lockhill Properties
People:
Lockhill Properties NYC portfolio
$50.5 million -walkup 44%, elevator 44%, mixed-use 10%; Manhattan 99%*
2218th largest portfolio by dollar value
59,785 sqft – walkup 48%, elevator 42%, mixed-use 9%; Manhattan 100%
3139th largest by SF
7 properties – Manhattan 100%
1504th largest
80 residential units – Manhattan 100%
2036th largest by residential units
Company Activity past 24 months:
Buyer company: 4 for $34.6 million
Seller company: 2 for $25.6 million
Borrower company: 2 for $23.2 million
Developer (new building or major alteration): 1 for 4,500 square feet
Top Ten Associated Companies:
Derby Copeland Capital (2), Norbil Trust Co. (1), Hikari Power Z Co. (1), First Horizon Bank (1), Anbau, Inc. (1)
Top Ten Associated People:
Jesse Hutcher (2), Devin Yasuda (1), Michael A. Mulia (1), Christopher J. Alleva (1), Steven Gorey (1)
Recent activity as company:
• Jody Kriss and Lockhill Properties sold 248 East 53 Street for $15.2 million to Hikari Power Z Co. on April 20, 2026.
• Lockhill Properties sold 225 East 25 Street for $10.4 million to Norbil Trust Co. on November 12, 2025.
• RYCO Capital sold 147 2 Avenue for $20.4 million to Lockhill Properties on June 11, 2025.
• Lockhill Properties borrowed $17 million from Derby Copeland Capital for 147 2 Avenue on June 11, 2025.
• Lockhill Properties for Parke Leatherman filed plans for major alteration for 4,500 sqft in Kips Bay, Manhattan, on March 24, 2025.
• Lockhill Properties and East River Partners borrowed $6.2 million from Derby Copeland Capital for 248 East 53 Street on February 14, 2025.
• Daniel S. Finger sold 248 East 53 Street for $8.1 million to Lockhill Properties and East River Partners on February 14, 2025.
• Dean Marchi sold 245 East 31 Street for $3.6 million to Lockhill Properties on September 17, 2024.
• Dean Marchi sold 243 East 31 Street for $2.6 million to Lockhill Properties on September 17, 2024.
• Kokot Realty Enterprises sold 225 East 25 Street for $6 million to Lockhill Properties on December 22, 2023.
Latest Stories:
• Lockhill Properties pays $20.4M to RYCO for 24-unit rental in East Village (June 23, 2025)
• Lockhill Properties pays $6.15M for 2 walkups in Kips Bay (September 20, 2024)
• Lockhill Properties pays $6M to Kokot Realty for 21-unit walkup in Kips Bay (January 08, 2024)
• Lockhill Properties pays $10.8M 2 walkups in Alphabet City (June 28, 2023)
• Lockhill Properties pays $5.2M for 5-unit mixed-use in East Village (October 17, 2022)
• Lockhill Properties pays $9M for 20-unit walkup in Yorkville (February 15, 2022)
• Provident Management obtained financing of $5M from First Republic Bank (August 30, 2019)
Properties: