Kahen Properties
148 Madison Avenue 16th Floor New York, NY 10016
People:
Kahen Properties NYC portfolio
$398.9 million -elevator 58%, mixed-use 21%, walkup 18%; Manhattan 83%, Brooklyn 9%, Queens 6%*
549th largest portfolio by dollar value
521,080 sqft – elevator 70%, walkup 22%, mixed-use 5%; Manhattan 63%, Queens 19%, Brooklyn 16%
805th largest by SF
17 properties – Manhattan 58%, Brooklyn 35%, Queens 5%
582th largest
685 residential units – Manhattan 74%, Brooklyn 13%, Queens 12%
453th largest by residential units
0 foreclosures, 0 bankruptcies, 4 other court cases.
Company Activity past 24 months:
Buyer company: 3 for $14.3 million
Borrower company: 2 for $146.8 million
Top Ten Associated Companies:
Signature Bank (3), PIMCO (2), Santander Bank (1), TD Bank (1), Citizens Bank (1), JPMorgan Chase (1)
Top Ten Associated People:
Brian Terry (1), Garrett Sokoloff (1), Anna Cuevas (1)
Recent activity as company:
• Grundwerg Family LP sold 1576 3 Avenue for $6.2 million to Kahen Properties on November 24, 2025.
• Lalezarian Properties and Kahen Properties borrowed $141 million from JPMorgan Chase for 507 3 Avenue on August 26, 2025.
• Kahen Properties, Behrooz Farhadian and Hooshang Sohayegh borrowed $5.8 million from Citizens Bank for 54 Livingston Street on August 15, 2025.
• Robinson Callen sold 190 3 Avenue for $4.3 million to Kahen Properties on October 22, 2024.
• Property Markets Group sold 194 3 Avenue for $3.7 million to Kahen Properties on March 06, 2024.
• Kahen Properties borrowed $57 million from TD Bank for 1024 3 Avenue on November 16, 2023.
• Kahen Properties borrowed $6.8 million from Signature Bank for 1020 3 Avenue on July 12, 2022.
• Kahen Properties borrowed $12 million from Signature Bank for None on July 12, 2022.
• Tri-Star Equities sold 1024 3 Avenue for $9.8 million to Kahen Properties on July 12, 2022.
• Jans Investment Company sold None for $12.8 million to Kahen Properties on July 12, 2022.
Latest Stories:
• Lalezarian, Kahen sign $141M refi for new 229-unit rental in Murray Hill (September 03, 2025)
• Kahen Properties pays $4.3M for landmarked retail in Gramercy (October 29, 2024)
• Kahen Properties pays $3.7M for mixed-use in Gramercy, down from $7.7M (April 09, 2024)
• Stolar Capital battles Kahen Properties over disputed $4M sale in Gramercy (September 29, 2023)
• Kahen Properties pays $11.2M for 3rd piece of likely dev site in Lenox Hill (July 22, 2022)
Court Records:
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