Uzi Ben Abraham, Co-Founder of Premier Equities, Drops $12 Million on Lenox Hill Condo at The Surrey Residences

💰 Residential record: Premier Equities' Uzi Ben Abraham pays $12M for The Surrey Residences unit in Lenox Hill, at $5,000 per sqft.💰

Uzi Ben Abraham, co-founder of Premier Equities, has made a splash in the New York real estate market with his recent purchase of a $12 million condo at The Surrey Residences in Lenox Hill. The deal, which closed at the asking price, is the most expensive residential sale recorded in the city. The unit spans over 2,400 square feet, pricing the deal at an impressive $5,000 per square foot.

The Surrey Residences, located at 20 East 76th Street, was developed by the Reuben Brothers and has quickly become a sought-after address for high-end buyers. The unit purchased by Ben Abraham boasts three bedrooms and is part of a newly built condominium complex.

Michelle Griffith and Lauren Muss of Douglas Elliman had the listing for the unit, which went on the market in September 2024. The record-breaking sale is a testament to the strong demand for luxury condos in New York City.

In addition to his role as co-founder of Premier Equities, Ben Abraham is also the founder of the Uzi Ben Abraham Family Foundation, which supports a variety of charitable causes in Israel and the United States. His real estate investments have also helped shape the New York City landscape.

With this purchase, Ben Abraham solidifies his status as a major player in the New York real estate market and joins the ranks of other high-profile buyers in the city.