News: Brokerage
Posted: February 16, 2016

Hakimian of Highcap sells 762 East 152nd Street

Daniel Hakimian, <a class=Highcap Group" width="150" height="150" /> Daniel Hakimian, Highcap Group
Bronx, NY Daniel Hakimian, investment sales associate of Manhattan-based Investment sales firm Highcap Group, has arranged the $550,000 sale of the parcel of land located at 762 East 152nd St. in the Woodstock section of the borough. Hakimian represented both the buyer and seller of this property in the off-market transaction. The property is just one block away from the 2, and 5 subway lines at Jackson Ave. and is currently a 40’ vacant lot ready for development.  The site has the ability to be developed into a 21,160 s/f building with a mix of retail, community facility, and residential apartments. The property sold for $38/BSF on an as of right buildable s/f basis.
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