Hakimian of HPNY closes on 4 buildings totaling $5.96 million
Ivan Hakimian's firm HPNY closed on a package of 4 building's on 2nd Avenue between 103rd & 104th Sts. The package consisted of 2024-2028 and 2036 2nd Ave. A total of 25 apartments, and 7 stores closed for $5.96 million. The buildings total 25,000 s/f with an additional 20,000 s/f of air rights.
Hakimian represented the seller, 2024 Realty LLC and the buyer, 2036 2nd Avenue LLC.
St. Paul, MN Industrial Realty Group, LLC (IRG) acquired a 422,727 s/f industrial distribution facility located at 411 Farwell Ave. in south St. Paul. The property was formerly the headquarters of The Sportsman’s Guide, an online and
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,