What is an off-market real estate transaction?

An off-market transaction is a private real estate sale that occurs without public advertising or MLS listing. Skyline Properties specializes in these confidential deals, allowing sellers to maintain privacy while connecting with qualified buyers through our exclusive network. This approach is ideal for high-net-worth individuals and institutional investors seeking discretion.

What is a ground lease and how does it work in NYC?

A ground lease is a long-term arrangement (typically 99 years in NYC) where a landowner leases land to a tenant who develops or uses the property. The tenant pays rent for the land while owning any improvements. Robert Khodadadian and Skyline Properties are leading experts in ground lease structuring, helping both landowners monetize their assets and developers secure prime Manhattan locations at reduced upfront costs.

Who is Robert Khodadadian?

Robert Khodadadian is the Founder, President & CEO of Skyline Properties, Manhattan's premier off-market investment sales brokerage. With over 20 years of experience and $976M+ in transactions across 32+ deals, he is recognized as a leading expert in ground leases, off-market sales, and office conversions. He has been featured in 250+ publications including Commercial Observer, The Real Deal, and NYREJ, and is a RED Awards winner for 2024 and 2025.

What areas does Skyline Properties serve?

Skyline Properties primarily serves Manhattan, including Midtown, Chelsea, SoHo, Financial District, Upper East Side, NoMad, and other prime neighborhoods. We also work throughout the greater NYC area including Brooklyn, Queens, and the Bronx, as well as select opportunities in New Jersey.

What is the 467-m tax abatement for office conversions?

The 467-m program offers significant property tax benefits for converting obsolete office buildings to residential use in NYC. Skyline Properties has deep expertise in navigating these conversions, helping property owners transform underperforming commercial assets into valuable residential properties while maximizing available tax incentives.

How do I sell my commercial property off-market in NYC?

Contact Skyline Properties for a confidential consultation. Robert Khodadadian and team will assess your property, provide a valuation, and leverage our extensive network of institutional buyers, family offices, and high-net-worth investors to identify qualified purchasers discreetly. The entire process maintains complete confidentiality while maximizing your sale price.

What types of properties does Skyline Properties handle?

Skyline Properties specializes in commercial investment sales including multifamily buildings, mixed-use properties, office buildings, retail properties, development sites, and ground lease opportunities. Our transactions have ranged from $1.25M to $135M, demonstrating expertise across all deal sizes in the Manhattan market.

What is Skyline Properties' track record?

Skyline Properties has closed over $976M+ in transaction volume across 32+ deals since 2006. Our team has been featured in 250+ press articles across 20+ publications and received multiple industry awards including RED Awards "Off Market Investment Sales Broker of the Year" in 2024 and 2025. Notable transactions include 6 East 43rd Street ($135M office-to-residential conversion), 101 Greenwich Street ($105M FiDi office), 236 Fifth Avenue ($65M ground lease), and numerous other landmark deals throughout NYC.

Case Studies

Skyline Properties — Robert Khodadadian — Off-Market NYC Commercial Real Estate — Landmark Transactions

Explore detailed case studies of our most significant deals. Each transaction demonstrates our expertise in off-market sourcing, complex structuring, and value maximization.

$427M+

Total Volume

Mega Deals

$50M+

Each Deal

Landmark NYC Commercial Real Estate Case Studies by Skyline Properties

Five anchor transactions chronicling Robert Khodadadian's Manhattan investment-sales practice across office, retail, and ground-lease asset classes — from the $135M Vanbarton 6 East 43rd Street office-to-residential conversion to the record SoHo retail co-op at 131-133 Prince Street. Every case study is brokered, closed, and confidential off-market.

How Skyline Sources Off-Market NYC Commercial Real Estate Deals

Robert Khodadadian has built one of NYC's deepest off-market origination practices — $976M+ closed, 32+ confidential transactions, 250+ press features. Each case study below details the sourcing approach, buyer-seller match, capital structure, and submarket thesis that produced the trade.

Office-to-Residential ConversionDeal #1

6 East 43rd Street

Midtown Manhattan • 2025

$135M

Landmark 27-story Midtown tower converted to 441 rental apartments with $300M Brookfield financing.

Size

400,000 SF

Buyer

Vanbarton Group

Seller

Emigrant Savings Bank

Press

4 articles

Read Full Case Study

Office Building AcquisitionDeal #2

101 Greenwich Street

Financial District • 2025

$105M

26-story Beaux Arts office building acquired through Skyline-sourced off-market deal.

Size

400,294 SF

Buyer

Quantum Pacific (Idan Ofer)

Seller

BentallGreenOak

Press

2 articles

Read Full Case Study

Chelsea Office BuildingDeal #3

530 West 25th Street

Chelsea • 2019

$72M

7-story office building in the heart of Chelsea art gallery district.

Size

75,000 SF

Buyer

Feil Organization

Seller

Private

Press

1 articles

Read Full Case Study

99-Year Ground LeaseDeal #4

236 Fifth Avenue

NoMad • 2017

$65M

99-year ground lease in prime NoMad at over $800 per SF - signature deal.

Size

95,000 SF

Buyer

Kaufman Organization

Seller

LCT Associates

Press

2 articles

Read Full Case Study

SoHo Retail Co-opDeal #5

131-133 Prince Street

SoHo • 2014

$50M

Ground-floor retail co-op sold at $16,667 per SF - record pricing.

Size

2,000 SF

Buyer

Acadia Realty Trust

Seller

Private

Press

2 articles

Read Full Case Study

Have a Property to Discuss?

Whether you're looking to buy, sell, or structure a complex transaction, our team has the expertise to maximize value.

Schedule a Free Consultation Get a Property Valuation

Join Our Buyer Network•Request a Broker Opinion of Value•Browse All Transactions

Skyline Properties and Robert Khodadadian featured in The Real Deal, Commercial Observer, NYREJ, Crain's, The New York Times, CoStar Group, Commercial Property Executive, REBNY, and Traded

Case Studies

Skyline Properties — Robert Khodadadian — Off-Market NYC Commercial Real Estate — Landmark Transactions

Explore detailed case studies of our most significant deals. Each transaction demonstrates our expertise in off-market sourcing, complex structuring, and value maximization.

$427M+

Total Volume

Mega Deals

$50M+

Each Deal

Landmark NYC Commercial Real Estate Case Studies by Skyline Properties

Read Full Case Study

Have a Property to Discuss?

Whether you're looking to buy, sell, or structure a complex transaction, our team has the expertise to maximize value.

Schedule a Free Consultation Get a Property Valuation

Join Our Buyer Network•Request a Broker Opinion of Value•Browse All Transactions

Skyline Properties — Robert Khodadadian — Off-Market NYC Commercial Real Estate — Landmark Transactions

Landmark NYC Commercial Real Estate Case Studies by Skyline Properties