Picken Real Estate

Our History

Picken Real Estate and Nightlife Brokerage was founded in 1988 by Alex Picken, a seasoned entrepreneur with a deep passion for the New York City nightlife scene. Recognizing the unique challenges and opportunities in this dynamic market, Mr. Picken established a brokerage company dedicated to specializing in the sales and leases of nightclubs, restaurants, bars, and lounges in Manhattan, New York City, and the Hamptons.

Prior to launching Picken Real Estate, Mr. Picken honed his real estate skills over several years at various prestigious firms. He significantly contributed to the investment sales department at LBK International, one of the largest real estate agencies in NYC at the time, gaining valuable expertise in building sales and commercial leasing. This background provided an invaluable foundation for orchestrating successful deals within the intricate world of nightlife venues.

Market Expertise

With unparalleled experience navigating the complexities of the New York City nightlife industry, Picken Real Estate has become the premier brokerage for nightclub properties in Manhattan. We have successfully brokered more nightclub deals in Manhattan than any other real estate agency combined, showcasing our deep understanding of this unique market. Our clientele entrusts us with iconic establishments, including Pacha NY, Copacabana, Culture Club, Centro-Fly, Estate, Life, Club NY, Eugene, Duvet, and Providence, proving our track record as a driving force in shaping the city's nightlife landscape.

Client-Centric Approach

Our mission is to connect high-end clientele and customers with their ideal spaces to open and operate thriving nightlife venues. We leverage our extensive network, market knowledge, and personalized service to guide clients through every step of the process, from identifying prime locations to navigating complex lease negotiations.

Our success stems from a dedicated team of professionals who are passionate about the nightlife industry and committed to exceeding client expectations. We understand the intricacies of operating a successful nightlife venue, from regulatory compliance to attracting a loyal clientele. This intimate understanding enables us to tailor our services to meet the unique needs of each individual client.

Commitment to Success

Picken Real Estate boasts an impressive track record of over 35 completed nightclub (cabaret) deals, along with numerous restaurant and bar transactions throughout New York City. This extensive experience instills confidence in prospective clients that their ventures will be realized. We pride ourselves on facilitating seamless transactions while ensuring our clients receive the best possible terms and conditions. Moreover, for existing business owners looking to sell, we leverage our vast network and industry expertise to connect them with well-qualified and experienced buyers, maximizing the sale price and ensuring a smooth transition.

Exclusive Listings

The establishments listed with Picken Real Estate and Nightlife Brokerage are exclusively managed by our team. This distinct advantage empowers us to directly market these listings to a wide pool of potential customers while actively networking within the brokerage community.