248 East 53 Street

Owner: Hikari Power Z Co.

Acquired: April 30, 2026, $15.2 million

Debt: March 06, 2025, $6.2 million

Built: 1900

SF: 12,915

Dwelling units: 20

No. of buildings: 1

Class: Over Six Families With Stores (C7)

Floors: 6

Transactions:

• Jody Kriss and Lockhill Properties sold 246 East 53rd Street, Midtown East, Manhattan for $15.2 million to Hikari Power Z Co. on April 30, 2026.

• Lockhill Properties and East River Partners borrowed $6.2 million from Derby Copeland Capital for 246 East 53rd Street, Midtown East, Manhattan on March 06, 2025.

• Daniel S. Finger sold 246 East 53rd Street, Midtown East, Manhattan for $8.1 million to Lockhill Properties and East River Partners on March 06, 2025.

Development:

• Parke Leatherman filed alteration job M01359063 for 1,300 sqft RES building with 21 apartments in Midtown East, Manhattan, on February 19, 2026.

• Parke Leatherman filed alteration job M01217706 for 500 sqft RES building with 21 apartments in Midtown East, Manhattan, on May 07, 2025.

• Parke Leatherman filed alteration job M01217591 for 3,500 sqft RES building with 21 apartments in Midtown East, Manhattan, on May 07, 2025.

• Parke Leatherman filed alteration job M01181267 for 3,500 sqft RES building with 21 apartments in Midtown East, Manhattan, on February 17, 2025.

• Carl Finger filed alteration job M08016609 for 878 sqft RES building with 20 apartments in Midtown East, Manhattan, on November 09, 2022.

Violations:

According to city public data, the properties have received $12,050 in ECB penalties and $12,380 in OATH penalties in the last year.