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
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