650 1 Avenue

Owner: Lalezarian Properties

Acquired: March 27, 2023, $33.5 million

Debt: April 03, 2023, $50 million

Built: 1910

Renovated: 1984

SF: 112,262

Dwelling units: 111

No. of buildings: 1

Class: Miscellaneous (D9)

Floors: 11

Legacy BBLs: 1009690001

HPD Ownership Registration Information

Last registered: 2026-01-29 (expires 2026-09-01)

Transactions:

• Lalezarian Properties borrowed $50 million from TD Bank for 650 1st Avenue, Murray Hill, Manhattan on April 03, 2023.

• Princeton International Properties sold 650 1st Avenue, Murray Hill, Manhattan for $33.5 million to Lalezarian Properties on March 27, 2023.

Development:

• Cliff Nguyen filed plans for alteration in Murray Hill, Manhattan, on July 30, 2025.

• David Sani filed plans for alteration in Murray Hill, Manhattan, on April 14, 2025.

• Cliff Nguyen filed plans for alteration in Murray Hill, Manhattan, on March 04, 2025.

• Daniel Chirila filed plans for alteration in Murray Hill, Manhattan, on January 13, 2025.

• Daniel Chirila filed plans for alteration in Murray Hill, Manhattan, on January 20, 2025.

Violations:

According to city public data, the properties have received $5,000 in ECB penalties and $9,505 in OATH penalties in the last year.

Latest Stories:

• Lalezarian Properties signs $50M rehab construction loan for office in Murray Hill (April 04, 2023)

• Lalezarian Properties pays $33.5M to Princeton International for office in Murray Hill (March 28, 2023)

• Lalezarian Properties files plans for 113-unit building in Murray Hill (November 07, 2022)