1486 1 Avenue
Lenox Hill, Manhattan
Parcel ID (BBL): 1014720003
Owner: Alchemy Properties
Acquired: September 06, 2024, $20.8 million
Debt: March 06, 2026, $127.2 million
Built: 1960
Renovated: 1998
SF: 13,600
Dwelling units: 0
No. of buildings: 1
Class: Health Center, Child Center, Clinic (I5)
Floors: 2
Transactions:
• Alchemy Properties, ABR Partners and Alchemy-ABR Investment Partners borrowed $127.2 million from Helaba for 1484 1st Avenue, Lenox Hill, Manhattan on March 06, 2026.
• Leona Horwitz sold 1484 1st Avenue, Lenox Hill, Manhattan for $20.8 million to Alchemy Properties, ABR Partners and Alchemy-ABR Investment Partners on September 06, 2024.
Development:
• Alchemy Properties filed new building job M01128646 for 160,633 sqft R-2 building with 86 apartments in Lenox Hill, Manhattan, on November 25, 2024.
• Joel Breitkopf filed alteration job M01313102 for 6,700 sqft building with 88 apartments in Lenox Hill, Manhattan, on January 05, 2026.
• Joel Breitkopf filed alteration job M01313856 for 8,500 sqft building with 88 apartments in Lenox Hill, Manhattan, on January 05, 2026.
• Kieran Slevin filed alteration job M01189018 for 1 sqft building with 0 apartments in Lenox Hill, Manhattan, on March 04, 2025.
• Joel Breitkopf filed alteration job M01163514 for 6,200 sqft COM building with 0 apartments in Lenox Hill, Manhattan, on February 04, 2025.
• Joel Breitkopf filed alteration job M01170382 for 13,600 sqft E building with 0 apartments in Lenox Hill, Manhattan, on January 31, 2025.
Most recent Schedule of Occupancy
Litigation:
• Lloyd Shaffer filed a $5 million lawsuit 650548/2023 against Meny Chukroon on January 27, 2023,seeking a money judgment related to contractat 1484 1 Avenue.
• Meny Chukroon filed a $5 million lawsuit 650543/2023 against Lloyd Shaffer on January 27, 2023,seeking a money judgment related to contractat 1484 1 Avenue.
Violations:
According to city public data, the properties have received one DOB violation, $625 in ECB penalties, and $700 in OATH penalties in the last year.