Chetrit Drops $26 M. for Lenox Hill Hospital Properties

Lenox Hill Hospital is unloading some property.

The Upper East Side medical center recently sold six brownstones from 110-120 East 76th Street for $26 million, according to a spokesperson at the hospital. The buyer was the increasingly active Chetrit Group.

“These buildings were residential real estate owned by the hospital that had been sitting empty for a long time,” the spokesperson told The Observer. “They sit in a landmarked district and are in need of renovation.”

Calls into The Chetrit Group were not immediately returned, but the investment firm does have some cash to burn. Joseph Chetrit’s company closed on the Toy Building at 200 Fifth Avenue in May to L&L Holding Company for $455 million.

 


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