Behrooz Robert Farhadian borrows $5M from JPMorgan Chase Bank for property in Murray Hill

Behrooz Robert Farhadian through the entity 636 Assets Inc., as borrower signed a loan agreement with lender JPMorgan Chase Bank valued at $5.3 million for 3 parcels, including the tax class primarily five to six family with store or office (S5) and containing 30 residential units at 645 2nd Avenue, 647 2nd Avenue, 643 2nd Avenue in Murray Hill. The deal closed on September 16, 2019 and was recorded on September 19, 2019.
The property contains a total of 4,640 square feet of built space. The property has 30,732 square feet of available development rights.
The average loan per unit is $176,667.

Over the past five years, there have been 4 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 4 renovation/alteration projects (A2) applied for with a total estimated value of $235,800.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link