About Us
BAACO Properties is a privately held, family-owned real estate investment firm founded in 2004 by brothers Aaron and Ariel Hakimian. Leveraging their entrepreneurial background and success in the home furnishings industry, the Hakimians began acquiring commercial real estate with a focus on identifying underutilized and undervalued assets with strong long-term potential.
Since its inception, BAACO Properties has steadily expanded its portfolio through the acquisition, ownership, management, renovation, and disposition of real estate throughout the Northeast and Mid-Atlantic regions. The company owns and operates a diverse portfolio of office, industrial, retail, mixed-use, and multifamily properties and continues to actively pursue acquisition opportunities that meet its investment criteria.
Our headquarters at 10 Daniel St in Farmingdale, NY 11735 supports a hands-on approach centered on disciplined investing, operational oversight, and a long-term commitment to the communities where we operate.
Public materials associated with BAACO Properties highlight a portfolio spanning New York, New Jersey, Kentucky, and Texas, including office, medical office, retail, mixed-use, industrial, and land positions.
Headquarters and industrial presence anchored by the 10 Daniel St property, with additional historical activity in the Farmingdale market.
Holdings have included medical office assets in Staten Island, Smithtown, Freeport, Vineland, and the Bronx.
BAACO has owned and operated retail and mixed-use properties in Levittown, Wyandanch, Staten Island, Coram, and Greenvale.