Jeffry Shemia Acquires Multifamily Building In Lenox Hill, Manhattan For $10.3M

Jeffry Shemia has purchased a three-unit 1-4 family building located at 54 East 66th Street in Lenox Hill, Manhattan, for a total of $10.3 million. The property spans 4,940 square feet with an additional 3,090 square feet of air rights, bringing the total buildable area to 8,028 square feet.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $10,300,000
• Address: 54 East 66th Street
• Market: Lenox Hill, Manhattan
• Buyer: Jeffry Shemia
• Seller: Peter Smith & Patricia Smith
• Building Square Footage: 4,940
• Price per Square Foot: $2,085

In this deal, Jeffry Shemia acquired the property from Peter Smith & Patricia Smith. The transaction represents a significant investment in the Lenox Hill area of Manhattan.