Hakimian Organization Secures $10 Million Loan For Nolita Multifamily Property

The multifamily property located at 227-233 Mulberry Street in Nolita has recently undergone a loan transaction. The loan was provided by Apple Bank For Savings to the Hakimian Organization, the landlord of the property. The loan amount for this transaction was $10,000,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $10,000,000
• Address: 227-233 Mulberry Street
• Market: Nolita
• Lender: Apple Bank For Savings
• Landlord: Hakimian Organization

With a total square footage of 67,300, this multifamily property comprises 51 units. The loan transaction between Apple Bank For Savings and the Hakimian Organization has provided the necessary financial support for the property.