Kevin Lalezarian

Lalezarian Properties

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.

Person Activity past 24 months:

Buyer signatory: 2 for $49.4 million

Borrower signatory: 3 for $241 million

Lender signatory: 1 for $15 million

Developer (new building or major alteration): 9 for 161,250 square feet

Top Ten Associated People:

Lloyd Goldman (2), Bert E. Brodsky (2), Shaz Mossanen (1), Ursula Flores (1), Anna Cuevas (1), Sarah Chivi (1), Nicholas Capowski (1), Alexander D. Carni (1), David Tawfik (1), Brian J. Terry (1)

Recent activity as signatory:

Lalezarian Properties borrowed $90 million from JPMorgan Chase for 1594 2 Avenue on March 18, 2026.

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.

Princeton International Properties sold 650 1 Avenue for $33.5 million to Lalezarian Properties on March 23, 2023.

Latest Stories:

• Lalezarian, Kahen sign $141M refi for new 229-unit rental in Murray Hill (September 03, 2025)

• Lalezarian Properties as tenant signs $39M ground lease for two industrial properties in Astoria (March 14, 2025)

• Henry Modell & Co. signs $15M refi with Lalezarian for industrial in Astoria (December 02, 2024)

• Lalezarian Properties pays $10.4M to Mossanen Group for air rights in Murray Hill (November 11, 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 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 to demo 5-story Murray Hill building, ahead of 200-unit project (November 18, 2022)

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

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