Hakim Organization
(El-Kam Realty Co.)
3 W 57th St New York, NY 10019
People:
Hakim Organization NYC portfolio
$148.7 million -elevator 99%; Manhattan 99%*
1168th largest portfolio by dollar value
591,095 sqft – elevator 100%; Manhattan 100%
733th largest by SF
2 properties – Manhattan 100%
3611th largest
526 residential units – Manhattan 100%
574th largest by residential units
Company Activity past 24 months:
Seller company: 2 for $65.3 million
Borrower company: 2 for $111.8 million
Top Ten Associated Companies:
United Construction & Development Group (1), Northwestern Mutual Life Insurance Company (1), Bank of New York Mellon (1), ONS Clothing (1)
Top Ten Associated People:
Jiashu Xu (1), Paul J. Hanson (1), Kamal Yagubov (1), Brian Kwongyan Chung (1)
Recent activity as company:
• Hakim Organization borrowed $99.8 million from Northwestern Mutual Life Insurance Company for 248 East 34 Street on May 20, 2025.
• Hakim Organization borrowed $12 million from Bank of New York Mellon for 411 East 72 Street on May 12, 2025.
• Hakim Organization sold 201 Mulberry Street, Nolita, Manhattan for $7.8 million to ONS Clothing on November 19, 2024.
• Fisher Brothers and Hakim Organization sold 42-63 23 Street for $57.5 million to United Construction & Development Group on February 22, 2024.
Latest Stories:
• United Construction & Development signs $40M refi with iCross for LIC dev site (August 20, 2025)
• United Construction & Development files plans for 387-unit project in LIC (August 14, 2025)
• ONS Clothing pays $7.8M to Hakim Organization for retail in Nolita (November 25, 2024)
Properties: