Stephen A. Schwarzman Of Blackstone Group And Rialto Capital Acquires Condo In Lenox Hill For $3.1M
219 East 67th Street
$3,100,000
$1,080/SF
Building Size
2,869 SF
Asset Type
Condo
Closing
Jul 18, 2025
AI
A retail condo located at 219 East 67th Street in Lenox Hill, Manhattan, was sold for $3,100,000. The property spans 2,869 square feet, resulting in a price per square foot of $1,081. The sale follows a pre-foreclosure action that was initiated in 2024.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,100,000
- Address: 219 East 67th Street
- Market: Lenox Hill, Manhattan
- Square Footage: 2,869
- Price Per Square Foot: $1,081
- Buyer: Stephen A. Schwarzman - Blackstone Group & Rialto Capital Management
- Seller: Aby Rosen & Michael Fuchs - RFR Holding
The transaction involved Stephen A. Schwarzman representing the buyers Blackstone Group and Rialto Capital Management, while Aby Rosen and Michael Fuchs represented the sellers RFR Holding. This deal highlights the active presence of these firms in the real estate market, particularly in strategic acquisitions following financial challenges.
Players
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93