Jon Chetrit Net Worth (Updated 2025).

Jon Chetrit, a name synonymous with real estate in New York City, began his career in the industry in the early 1980s. Born into a family with a long history in real estate, Chetrit’s interest in the field was sparked at an early age. He started his professional journey at his family’s real estate company, where he learned the intricacies of the business from the ground up.

Chetrit’s big break came in the late 1980s when he was instrumental in the acquisition and redevelopment of the iconic Starrett-Lehigh Building in Manhattan’s Chelsea neighborhood. This high-profile project, which involved transforming a historic industrial building into a modern office complex, put Chetrit on the map and established his reputation as a visionary in the New York City real estate scene.

Jon Chetrit’s Current Net Worth (2025)

According to the latest available information, Jon Chetrit’s current net worth is estimated to be around $2.5 billion as of 2025. This significant wealth is largely attributed to his successful career in real estate development and investments.

Career

Jon Chetrit is a prominent figure in the real estate industry, with a career spanning over three decades. He co-founded Chetrit Group in 1988, which has since grown into a major player in New York City’s real estate market. Chetrit is known for his involvement in high-profile projects, including the transformation of the former Domino Sugar Factory in Brooklyn into a mixed-use development.

Other Ventures

In addition to his real estate endeavors, Chetrit has also ventured into other business areas. He is the co-owner of the New York Mets, a Major League Baseball team, alongside his brother, Fred. Furthermore, Chetrit has invested in various other industries, including hospitality and technology, demonstrating his diversified business portfolio.

Assets

Chetrit’s real estate portfolio is extensive and diverse, encompassing properties in New York City, Miami, and other major markets. Some of his notable assets include the 685 Fifth Avenue office building, the 111 West 57th Street luxury condominium, and the 212-222 East 41st Street office complex. These properties contribute significantly to his overall net worth.

Annual Income

Jon Chetrit’s annual income is primarily derived from his real estate investments and developments. However, the exact figure is not publicly disclosed. Given the scale and success of his projects, it is estimated that his annual income could be in the tens of millions of dollars. His income also benefits from his ownership stake in the New York Mets and other business ventures.

Frequently Asked Questions about  Jon Chetrit

Frequently Asked Questions: Jon Chetrit Net Worth

1. What is Jon Chetrit’s net worth?

Jon Chetrit’s net worth is estimated to be around $2 billion.

2. How did Jon Chetrit make his fortune?

Jon Chetrit made his fortune through real estate development and investments. He is the co-founder and chairman of Chetrit Group, a New York-based real estate development and investment firm.

3. What is the Chetrit Group?

The Chetrit Group is a New York-based real estate development and investment firm founded by Jon Chetrit and his brother, Joseph Chetrit, in 1972. The company specializes in acquiring, developing, and managing commercial and residential properties.

4. What are some of Jon Chetrit’s notable projects?

Some of Jon Chetrit’s notable projects include the transformation of the former Domino Sugar Factory in Brooklyn into a mixed-use complex, and the development of the Park Lane Hotel on Central Park South in Manhattan.

5. Is Jon Chetrit involved in any philanthropic efforts?

Yes, Jon Chetrit is involved in various philanthropic efforts. He and his wife, Renee, have made significant donations to charitable organizations, including those focused on education, healthcare, and social services. They have also established the Chetrit Family Foundation to support these causes.

6. What is Jon Chetrit’s educational background?

Jon Chetrit graduated from the Wharton School of the University of Pennsylvania with a Bachelor of Science degree in Economics.

7. When was Jon Chetrit born?

Jon Chetrit was born on February 12, 1948.

8. Where was Jon Chetrit born?

Jon Chetrit was born in Brooklyn, New York.

9. Is Jon Chetrit married?

Yes, Jon Chetrit is married to Renee Chetrit. They have four children together.

10. What is Jon Chetrit’s height?

Jon Chetrit’s height is 5 feet 10 inches (178 cm).