Behrouz Ben Hakimian

Hakimian Organization

8 West 40th Street, 6th Floor New York, NY 10018

Hakimian Organization portfolio

$432.2 million* – office 48%, elevator 41%; Manhattan 91%, Queens 8%

153th largest portfolio by dollar value

1,199,752 sqft – elevator 44%, office 44%;

290th largest by SF

104 properties – Manhattan 93%, Queens 6%

83th largest

1,046 residential units – Manhattan 50%, Queens 49%

233th largest by residential units

1 foreclosure, 0 bankruptcies, 0 other court cases.

Person Activity past 24 months:

Seller signatory: 1 for $30 million

Top Ten Associated Companies:

Navika Capital Group (1), Apple Bank for Savings (1), Chess Builders (1)

Top Ten Associated People:

Naveen Shah (1), Cheskel Schwimmer (1)

Recent activity as company:

• Hakimian Organization sold 244 West 49th Street, Midtown West, Manhattan for $30 million to Chess Builders on January 17, 2025.

• Hakimian Organization sold 75 Wall Street, Financial District, Manhattan for $84.7 million to Navika Capital Group on January 11, 2022.

• Hakimian Organization borrowed $10 million from Apple Bank for Savings for 227-233 Mulberry Street, Nolita, Manhattan on June 22, 2021.

*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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