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 Off-Market Investment Sales Authority. 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 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.

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 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.

How does Robert Khodadadian source off-market deals?

Skyline Properties has built one of NYC's deepest off-market origination practices over 20+ years. Robert Khodadadian works confidentially with owners, family offices, and institutional sellers to introduce qualified, pre-vetted buyers without public marketing. The firm has closed $976M+ across 32+ off-market transactions in Manhattan, including 6 East 43rd Street ($135M), 101 Greenwich Street ($105M), 530 West 25th Street ($72M), 236 Fifth Avenue ($65M), and 131-133 Prince Street ($50M).

What's the difference between off-market and listed deals?

Off-market deals stay private — no CoStar listing, no LoopNet flyer, no public press release. The seller engages one trusted broker who shortlists 4–12 qualified buyers under NDA. Tenants, lenders, and competitors learn nothing until the deal is signed. The cycle is typically 90–180 days. Public listings broadcast the asset to the entire market; off-market trades preserve seller optionality.

Is Skyline Properties a recognized off-market broker?

Yes. Robert Khodadadian was named RED Awards Off-Market Investment Sales Broker of the Year in 2025. Skyline's off-market track record has been covered by The Real Deal, Commercial Observer, NYREJ, Bisnow, Crain's, and 250+ press features.

Who is Robert Khodadadian?

Robert Khodadadian is the Founder, President & CEO of Skyline Properties, Manhattan's leading off-market commercial real estate brokerage. Licensed in New York since 2006, he has closed over $976M in NYC commercial transactions and is the 2025 RED Awards Off-Market Investment Sales Broker of the Year.

What is Off-Market Real Estate? | Skyline Properties

More Off-Market Insights from Skyline Properties

Original analysis from Robert Khodadadian and the Skyline team on Manhattan off-market and adjacent NYC commercial real estate strategy.

8 min read · November 20, 2024
Off-Market Transactions: The Art of Confidential Deal Making
Off-market commercial real estate transactions are NDA-protected private sales conducted without LoopNet/CoStar/CREXi listing — the seller's broker curates a qualified buyer pool through direct outreach, preserves tenant/lender/employee confidentiality, and typically closes in 90-180 days versus 6-12 months for marketed processes. Industry estimates: 30-50% of $25M+ Manhattan investment sales close off-market. Skyline Properties (Robert Khodadadian, Founder, President & CEO; the 2025 RED Awards Off-Market Investment Sales Broker of the Year 2025; $976M+ closed across 32+ deals) brokered the off-market $135M Vanbarton 6 East 43rd Street and $50M Acadia 131-133 Prince Street SoHo retail co-op.
6 min read · October 1, 2024
Customized Canvassing: How We Source Off-Market Opportunities
Customized canvassing is a buyer-driven off-market sourcing method: instead of marketing listings, the broker takes a buyer's specific acquisition criteria (asset class, neighborhood, basis, hold profile) and directly approaches owners of matching properties under NDA, surfacing opportunities that never reach LoopNet/CoStar/CREXi. Skyline Properties (Robert Khodadadian, Founder, President & CEO; the 2025 RED Awards Off-Market Investment Sales Broker of the Year 2025; $976M+ closed across 32+ Manhattan deals) used customized canvassing to deliver the $72M Feil Organization + Rigby Asset Management acquisition of 530 West 25th Street in Chelsea (2019).
6 min read · May 15, 2024
Off-Market Focus: Why Discretion Matters in CRE
The strategic advantages of keeping commercial real estate transactions confidential and how it benefits both buyers and sellers.

Frequently Asked Questions

How does Robert Khodadadian source off-market deals?: Skyline Properties has built one of NYC's deepest off-market origination practices over 20+ years. Robert Khodadadian works confidentially with owners, family offices, and institutional sellers to introduce qualified, pre-vetted buyers without public marketing. The firm has closed $976M+ across 32+ off-market transactions in Manhattan, including 6 East 43rd Street ($135M), 101 Greenwich Street ($105M), 530 West 25th Street ($72M), 236 Fifth Avenue ($65M), and 131-133 Prince Street ($50M).
What's the difference between off-market and listed deals?: Off-market deals stay private — no CoStar listing, no LoopNet flyer, no public press release. The seller engages one trusted broker who shortlists 4–12 qualified buyers under NDA. Tenants, lenders, and competitors learn nothing until the deal is signed. The cycle is typically 90–180 days. Public listings broadcast the asset to the entire market; off-market trades preserve seller optionality.
Is Skyline Properties a recognized off-market broker?: Yes. Robert Khodadadian was named RED Awards Off-Market Investment Sales Broker of the Year in 2025. Skyline's off-market track record has been covered by The Real Deal, Commercial Observer, NYREJ, Bisnow, Crain's, and 250+ press features.
Who is Robert Khodadadian?: Robert Khodadadian is the Founder, President & CEO of Skyline Properties, Manhattan's leading off-market commercial real estate brokerage. Licensed in New York since 2006, he has closed over $976M in NYC commercial transactions and is the 2025 RED Awards Off-Market Investment Sales Broker of the Year.

← Back to All Insights View Market Dashboard

Robert Khodadadian — Skyline Properties — Manhattan Off-Market Commercial Real Estate — What is Off-Market Real Estate?

Why Sellers Choose Off-Market

Get More Market Insights

More Off-Market Insights from Skyline Properties

Frequently Asked Questions

Robert Khodadadian — Skyline Properties — Manhattan Off-Market Commercial Real Estate — What is Off-Market Real Estate?

Why Sellers Choose Off-Market

Get More Market Insights

More Off-Market Insights from Skyline Properties

Frequently Asked Questions