Lalezarian Properties
Lender
People:
Lalezarian Properties NYC portfolio
$1.1 billion -elevator 76%, development 10%, office 5%; Manhattan 68%, Brooklyn 27%, Queens 3%*
213th largest portfolio by dollar value
2,103,841 sqft – elevator 85%, industrial 6%, office 4%; Manhattan 60%, Brooklyn 32%, Queens 6%
235th largest by SF
21 properties – Manhattan 76%, Brooklyn 14%, Queens 9%
476th largest
2,256 residential units – Manhattan 60%, Brooklyn 39%
145th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Buyer company: 2 for $49.4 million
Borrower company: 3 for $241 million
Lender company: 1 for $15 million
Developer (new building or major alteration): 1 for 147,372 square feet
Top Ten Associated Companies:
JPMorgan Chase (7), Wells Fargo (4), TD Bank (2), Santander Bank (1), Bank of New York Mellon (1), New York Community Bank (1)
Top Ten Associated People:
Ursula Flores (1), Anna Cuevas (1), Sarah Chivi (1), Nicholas Capowski (1), Alexander D. Carni (1), Brian J. Terry (1), Kamal Yagubov (1)
Recent activity as company:
• Lalezarian Properties borrowed $90 million from JPMorgan Chase for 1594 2 Avenue on March 18, 2026.
• Lalezarian Properties for Kevin Lalezarian filed plans for major alteration for 147,372 sqft in Gramercy, Manhattan, on March 06, 2026.
• Lalezarian Properties borrowed $10 million from Wells Fargo for 604 West 30 Street on February 02, 2026.
• Lalezarian Properties and Kahen Properties borrowed $141 million from JPMorgan Chase for 507 3 Avenue on August 26, 2025.
• Henry Modell & Co. and BEB Capital ground leased 34-24 Vernon Boulevard valued at $39 million to Lalezarian Properties on March 07, 2025.
• Henry Modell & Co. borrowed $15 million from Lalezarian Properties for 34-24 Vernon Boulevard on November 07, 2024.
• Mossanen Group sold 211 East 37 Street for $10.4 million to Lalezarian Properties on November 05, 2024.
• Lalezarian Properties borrowed $29.9 million from TD Bank for 271 Gold Street on March 12, 2024.
• Lalezarian Properties borrowed $94.9 million from JPMorgan Chase for 309 Gold Street on July 12, 2023.
• Lalezarian Properties borrowed $50 million from TD Bank for 650 1 Avenue on March 23, 2023.
Latest Stories:
• Lalezarian, Kahen sign $141M refi for new 229-unit rental in Murray Hill (September 03, 2025)
• Henry Modell & Co. signs $15M refi with Lalezarian for industrial in Astoria (December 02, 2024)
• Lalezarian Properties signs $29.9M refi for 266-unit rental in Downtown Brooklyn (March 19, 2024)
• Lalezarian Properties signs $94.9M refi for 256-unit rental in Downtown Brooklyn (July 17, 2023)
• Lalezarian Properties files plans for 113-unit building in Murray Hill (November 07, 2022)
Court Records:
Properties: