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136 West 46th Street

Hakimian Capital Provides $4,400,000 Acquisition Loan For Mixed-Use Property In Manhattan
FINANCEDMixed-use

Hakimian Capital Provides $4,400,000 Acquisition Loan For Mixed-Use Property In Manhattan

136 West 46th Street

$4,400,000

$790/SF

Building Size

5,565 SF

Asset Type

Mixed-use

Closing

Apr 5, 2026

AI

This mixed-use property is located at 136 West 46th Street in Manhattan, encompassing a total square footage of 5,565 and consisting of 8 units. The recent loan amount secured for the acquisition of this asset is $4,400,000.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $4,400,000
  • Lender: Hakimian Capital
  • Landlord: Garrett Wittels
  • Transaction Date: 4/6/2026

This transaction involved Sammy Hakimian, Michael Hakimian, and Daniel Nadri as key individuals. They played a significant role in the financing aspect of the deal regarding the acquisition of the property.

Players

Garrett Wittels

Hakimian Capital

Lender

$13.6M

vol

3 deals

Lender
Hakimian Capital
Hakimian CapitalLender

Garrett Wittels

Landlord

$13.6M

vol

3 deals

Landlord

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.61%

Cash-on-Cash

-1.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93