Kahen Properties

People:

To see the 2 people from this company you need a Professional level subscription

Subscribe ($125/month)

Kahen Properties NYC portfolio

$218.2 million* – mixed-use 43.0%, walkup 27.0%; Manhattan 72.0%, Brooklyn 15.0%

697th largest portfolio by dollar value

316,721 sqft – elevator 59%, walkup 28%;

864th largest by SF

13 properties – Manhattan 69%, Brooklyn 23%

651th largest

384 residential units – Manhattan 66%, Queens 21%

535th largest by residential units

0 foreclosures, 0 bankruptcies, 4 other court cases.

Company Activity past 24 months:

Buyer company: 2 for $8.1 million

Borrower company: 1 for $57 million

Top Ten Associated Companies:

Signature Bank (3), Jans Investment Company (2), PIMCO (2), Tri-Star Equities (1), Societe Generale (1), TD Bank (1), Property Markets Group (1), Santander Bank (1), Robinson Callen (1)

Top Ten Associated People:

Anthony Felzen (2), Rod Feldman (1), Kevin Kelley (1), Brian Terry (1), Kevin Maloney (1), Lana Callen (1), Robin Callen (1), Claire Callen (1)

Recent activity as company:

• Robinson Callen sold 190 3rd Avenue, Gramercy, Manhattan for $4.3 million to Kahen Properties on October 28, 2024.

Property Markets Group sold 194 Third Avenue, Gramercy, Manhattan for $3.7 million to Kahen Properties on April 08, 2024.

Kahen Properties borrowed $57 million from TD Bank for 1022 3rd Avenue, Lenox Hill, Manhattan on December 06, 2023.

Kahen Properties borrowed $11.5 million from Societe Generale for 19 West 116th Street, Harlem, Manhattan on August 01, 2022.

Kahen Properties borrowed $12 million from Signature Bank for 1022 3rd Avenue and 1026 3rd Avenue, Lenox Hill, Manhattan on July 27, 2022.

Kahen Properties borrowed $6.8 million from Signature Bank for 1020 3rd Avenue, Lenox Hill, Manhattan on July 21, 2022.

Jans Investment Company sold 1020 3rd Avenue, Lenox Hill, Manhattan for $11.2 million to Kahen Properties on July 21, 2022.

Tri-Star Equities sold 1026 Third Avenue, Lenox Hill, Manhattan for $9.8 million to Kahen Properties on July 20, 2022.

Jans Investment Company sold 1022 3rd Avenue, Lenox Hill, Manhattan for $12.8 million to Kahen Properties on July 20, 2022.

Kahen Properties borrowed $0 from PIMCO for 183 Mulberry Street, Nolita, Manhattan on November 10, 2021.

Latest Stories:

• Kahen Properties pays $4.3M for landmarked retail in Gramercy (October 29, 2024)

• Kahen Properties signs $5M contract with church for redevelopment site in East Harlem (August 26, 2024)

• Kahen Properties pays $3.7M for mixed-use in Gramercy, down from $7.7M (April 09, 2024)

• Kahen Properties signs $57M construction loan for 81-unit project in Lenox Hill (December 07, 2023)

• 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)

• Kahen Properties pays $22.55M for two walkups in Lenox Hill, adds to likely dev site (July 21, 2022)

• Kahen Properties signs $20M refi with Santander Bank for rental in Woodside (November 02, 2021)

• UES mixed-use building sells for $6.2M (September 28, 2021)

• Kahen Properties borrows $11M from Signature Bank to refi retail property in Brooklyn Heights (March 31, 2020)

Court Records:

To see the 3 cases for this company you need a Professional level subscription

Subscribe ($125/month)

Properties:

To see the 13 properties for this company you need a Professional level subscription

Subscribe ($125/month)

*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

Leave a Reply