Hakimian Capital Provides $3.3M Loan For Development Site In West Harlem

A development site located at 110 West 123rd St. in West Harlem has been sold in a closed transaction. The property, owned by Venture 123 LLC with Daniel Kimia as the owner, is a development site with DOB approved plans. The site spans 8,510 square feet and the transaction included a loan amount of $3,300,000 from Hakimian Capital. The lender, Hakimian Capital, is represented by Sammy Hakimian, Daniel Nadri, and Michael Hakimian.

Summary of transaction details

• Property Type: Development Site w/ DOB approved plans
• Transaction Amount: $3,300,000
• Address: 110 West 123rd St.
• Market: West Harlem
• Square Footage: 8,510 SF

The key individuals and companies involved in the deal include Sammy Hakimian, Daniel Nadri, and Michael Hakimian representing Hakimian Capital as the lender. The buyer, Venture 123 LLC, is led by Daniel Kimia. Together, they successfully completed the transaction for the development site.