Lenox Hill co-op sells for $10.8M

Helga Klein and John Klein acquired an interest from Daniel Ghadamian and Sima Ghadamian through the entity Daniel Ghadamian 2009 Irrevocable Trust valued at $10.8M for unit 11E in the 62-unit co-op (SP) at 33 East 70th Street in Lenox Hill, Manhattan.
The deal closed on June 17, 2021 and was recorded on July 8, 2021.

This is unit 11E.
Within a 400-foot radius of 33 East 70th Street, PincusCo identified 12 commercial real estate items of interests occurred over the past 24 months.
Of those 12 items, three were for major renovation including a certificate of occupancy change. They were one permit applications with a total initial cost of $330,875.0, one permit with a total initial cost of $636,207 and one initial temporary certificate of occupancy issuance for a project that initially costed $636,207. The most recent of these three items was the temporary certificate of occupancy on March 12, 2021 for a 300,150-square-foot R-2 building with 65 residential units at 851 Madison Avenue.
Of those 12 items, six were sales above $5 million totaling $156.6 million. The most recent of the six was Acuspi No. 1 Ltd which bought the 13,792-square-foot, two-unit two-family building (B9) on 11 East 69th Street for $53.5 million from David Levinson on June 30, 2021.
Of those 12 items, three were loans above $5 million totaling $104.7 million. The most recent of the three was Benchmark Real Estate Group which borrowed $6.0 million from 824 Madison Funding LLC secured by the 9,152-square-foot, 11-unit mixed-use building (K4) on 826 Madison Avenue on February 22, 2021.

Direct link to Acris document. link