132 East 85 Street

Owner: Coombes Property Group

Acquired: December 16, 2022, $13.1 million

Debt: January 11, 2024, $9.2 million

Built: 1910

SF: 5,960

Dwelling units: 4

No. of buildings: 1

Class: Primarily One to Six Families with Stores or Offices (S9)

Floors: 4

HPD Ownership Registration Information

Last registered: 2026-01-07 (expires 2026-09-01)

Transactions:

• Coombes Property Group borrowed $9.2 million from Commonwealth Bank of Australia for 1260 Lexington Avenue, 1256 Lexington Avenue, and 1258 Lexington Avenue, Carnegie Hill, Manhattan on January 11, 2024.

• Asset Preservation Inc. borrowed $9.2 million from None for 1260 Lexington Avenue, 1256 Lexington Avenue, and 1258 Lexington Avenue, Carnegie Hill, Manhattan on December 16, 2022.

• Sierra Assets Group sold 1260 Lexington Avenue, 1256 Lexington Avenue, and 1258 Lexington Avenue, Carnegie Hill, Manhattan for $13.1 million to Asset Preservation Inc. on December 16, 2022.

Development:

• Bennett Page filed alteration job M01383508 for 112 sqft building with 6 apartments in Carnegie Hill, Manhattan, on June 22, 2026.

• Bennett Page filed alteration job M01389195 for 300 sqft COM building with 4 apartments in Carnegie Hill, Manhattan, on May 21, 2026.

• Bennett Page filed alteration job M01383489 for 1,057 sqft RES building with 6 apartments in Carnegie Hill, Manhattan, on April 16, 2026.

• Bennett Page filed alteration job M01383467 for 1,057 sqft RES building with 6 apartments in Carnegie Hill, Manhattan, on April 16, 2026.

• Chris Deangelis filed alteration job M01091556 for 216 sqft RES building with 6 apartments in Carnegie Hill, Manhattan, on October 15, 2024.

Violations:

According to city public data, the properties have received $400 in OATH penalties in the last year.

Latest Stories:

• Coombes Property Group signs $9.2M refi in Carnegie Hill, lender’s second NYC loan in 20 years (January 12, 2024)

• Sierra Assets Group sells three mixed-use properties forming Carnegie Hill corner for $13.1M (December 18, 2022)