Albert Kalimian

Owner

Albert Kalimian portfolio

$131.6 million* – office 100%; Manhattan 100%, Bronx 0%

442th largest portfolio by dollar value

272,566 sqft – office 100%;

959th largest by SF

0 foreclosures, 0 bankruptcies, 8 other court cases.

Person Activity past 24 months:

Seller signatory: 1 for $265 million

Borrower signatory: 2 for $58 million

Top Ten Associated People:

Debra Kalimian (6), Justin Amirian (2), Rita Kalimian Sakhaie (2), Scott DeTraglia (2), Jonathan Misher (1), John G. Nicol (1), Jennifer Lewin (1), Wonjoong Kim (1)

Recent activity as company:

A&R Kalimian Realty sold 150 Amsterdam Avenue, 150 Amsterdam Avenue, and 150 Amsterdam Avenue, Lincoln Square, Manhattan for $265 million to Carlyle Group and Gotham Organization on February 09, 2024.

A&R Kalimian Realty borrowed $52.1 million from Citibank for 305 East 63rd Street, Lenox Hill, Manhattan on January 19, 2024.

A&R Kalimian Realty borrowed $5.9 million from Citibank for 339 East 57th Street, Sutton Place, Manhattan on January 19, 2024.

Albert Kalimian borrowed $240 million from Citibank, Wells Fargo and JPMorgan Chase for 79 Fifth Avenue, Flatiron District, Manhattan on June 01, 2022.

Albert Kalimian, Rita Kalimian Sakhaie and Justin Amirian sold 215 West 10th Street, West Village, Manhattan for $16.5 million to Debra Kalimian on May 25, 2022.

Albert Kalimian, Rita Kalimian Sakhaie and Justin Amirian sold 1497 Third Avenue, Yorkville, Manhattan for $6.7 million to Debra Kalimian on May 25, 2022.

Albert Kalimian, Debra Kalimian and Justin Amirian sold 337 West 11th Street, West Village, Manhattan for $35.1 million to Rita Kalimian Sakhaie on May 25, 2022.

Albert Kalimian, Debra Kalimian and Justin Amirian sold 44O East 81st Street, Yorkville, Manhattan for $19.6 million to Rita Kalimian Sakhaie on May 25, 2022.

Albert Kalimian, Debra Kalimian and Rita Kalimian Sakhaie sold 150 West 47th Street, Times Square, Manhattan for $31.5 million to Justin Amirian on May 23, 2022.

Albert Kalimian, Justin Amirian and Rita Kalimian Sakhaie sold 340 East 29th Street, Kips Bay, Manhattan for $43 million to Debra Kalimian on May 23, 2022.

Latest Stories:

• SMA Equities identified as buyer of $12.5M Yorkville property, adds to assemblage (January 29, 2025)

• Unknown buyer pays $12.5M to Kalimian family for residential walkup in Yorkville (January 27, 2025)

• Carlyle, Gotham Organization pay $265M to A&R Kalimian for 310-unit rental Lincoln Square (February 12, 2024)

• A&R Kalimian signs $52.1M refi for 110-unit rental in Lenox Hill (January 22, 2024)

• Albert Kalimian ups debt from $62M to $240M for office in Flatiron District (June 02, 2022)

• A & R Kalimian signs $11.9M refi for 103-unit rental in Times Square (August 04, 2021)

• Kalimian family borrows $24.7M from Wells Fargo for office property in Flatiron (January 25, 2021)

• Kalimian family borrows $22M from Citigroup for 120-unit rental in Kips Bay (November 16, 2020)

• ALKAL L.P. obtained financing of $52M from CITIBANK (July 12, 2019)

Court Records:

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Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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