
Manhattan Investment Sales
Skyline Properties is the senior-led Manhattan investment sales broker that institutional and private capital trust to execute quietly and close at the right number. Robert Khodadadian and his team have closed $976M+ in Manhattan investment sales across office, multifamily, development, ground lease, and mixed-use assets.
What is a Manhattan Investment Sales Broker?
A Manhattan investment sales broker represents owners and investors in the sale and acquisition of income-producing commercial real estate — office buildings, multifamily, development sites, ground leases, retail, and mixed-use — within the borough of Manhattan. Skyline Properties, led by Robert Khodadadian, has closed $976M+ in Manhattan investment sales, including the $135M 6 East 43rd Street trade to Vanbarton Group (2025).
A True Manhattan Investment Sales Practice — Buyer Pool First, Listing Second
Manhattan investment sales is a buyer-pool business disguised as a seller representation business. The seller who hires the right investment-sales broker is buying access to the buyer pool that broker has spent twenty years cultivating — not access to a listing platform, not a glossy offering memorandum, not even valuation work that any analyst can replicate.
Skyline Properties runs Manhattan investment sales the way the buyer pool actually transacts: NDA-gated, principal-to-principal, with curated 3-12 buyer outreach instead of 5,000-recipient OM blasts. Robert Khodadadian leads every assignment personally and works from a live Manhattan buyer-mandate database segmented by check size, asset class, leverage tolerance, and operating style. The $976M+ in closed volume spans Class A and B office, rent-stabilized and free-market multifamily, ground-up development sites, ground leases, and mixed-use trophy assets.
What Sellers Get When They Hire Skyline
Manhattan investment sales is a relationship business. Skyline's relationships with the institutional buyers, family offices, and 1031 exchange capital that actually close in NYC are the foundation of every successful sale.
- Senior-level execution from founder Robert Khodadadian
- Confidential, off-market processes by default
- Direct outreach to a proprietary network of 500+ pre-qualified institutional buyers
- Aggressive but realistic valuations grounded in current comps
- No leaks, no tenant disruption, no rent-roll damage
Asset Classes Skyline Sells in Manhattan
Skyline maintains active deal flow and current comparables in every major Manhattan asset class.
- Class A and B office buildings
- Multifamily — rent-stabilized, free-market, mixed-use
- Development sites and air rights
- Ground leases and fee positions
- Hotel and hospitality assets
- Retail condos and high-street retail
- Office-to-residential conversion candidates (467-m)
Buyer Side: 1031, Family Office, and Institutional Capital
Skyline also represents acquirers — particularly 1031 exchange buyers, family offices, and institutional investors with active Manhattan acquisition mandates. If you have capital to deploy in Manhattan investment sales, Skyline can show you opportunities that never reach the open market.
Landmark Manhattan Investment Sales Brokered by Robert Khodadadian
Robert Khodadadian's Manhattan investment sales track record spans every major asset class and price tier. Five anchor closings document the practice — each verified through Commercial Observer, The Real Deal, Crain's New York Business, and NYREJ coverage.
- $135M — 6 East 43rd Street (Midtown) — Vanbarton Group office-to-residential conversion, 441 units, $300M Brookfield construction loan
- $105M — 101 Greenwich Street (Financial District) — Quantum Pacific (Idan Ofer) + Metro Loft (Nathan Berman) office acquisition
- $72M — 530 West 25th Street (Chelsea) — Feil Organization + Rigby Asset Management gallery-district office
- $65M — 236 Fifth Avenue (NoMad) — Kaufman Organization 99-year ground lease, benchmark NoMad comp
- $50M — 131-133 Prince Street (SoHo) — Acadia Realty Trust retail co-op acquisition, record $16,667/SF SoHo benchmark
Manhattan Investment Sales — Acquisition-Mandate Pricing Bands
The acquisition mandates Skyline holds for institutional and family-office buyers are priced at the bands below. These are the numbers buyers are actually writing checks at — not the asking-price ranges that listing aggregators publish. Sellers who want to know where their building clears in a Skyline-run process should read these as 'what the live buyer pool will pay,' not as broker-opinion-of-value asking prices.
- Free-market multifamily acquisition mandates: 4.0–5.5% cap on stabilized in-place NOI
- Rent-stabilized multifamily mandates (post-HSTPA reset): 5.5–7.5% cap, often basis-driven on per-unit
- Class A office trophy mandates (Plaza District, Park, Hudson Yards): 5.5–7.0% cap, basis under replacement cost
- 467-m conversion candidate mandates (pre-1991 Class B office south of 96th): $200–$450/SF acquisition basis
- Ground-lease fee mandates: 4.5–6.5% cap on ground rent stream, looking for CPI + fair-market resets
- Trophy retail mandates (Greene/Mercer/Prince/Madison/Fifth): 4.0–5.0% cap, $2,000–$3,500/SF
- Development-site mandates: $300–$1,200 per buildable SF, varies sharply by submarket and zoning
How Skyline Executes a Manhattan Investment Sale — Step by Step
Every Manhattan investment sales engagement at Skyline Properties follows a disciplined, repeatable process designed to protect price, confidentiality, and seller control.
Manhattan Investment Sales — Recent Landmark Trades by Asset Class
Recent Manhattan investment sales closings by Robert Khodadadian and Skyline Properties — each verified through Commercial Observer, The Real Deal, or NYREJ coverage.
| Deal | Price | Asset Class | Year |
|---|---|---|---|
| 6 East 43rd Street (Midtown) — Vanbarton Group | $135M | Office-to-residential conversion | 2025 |
| 101 Greenwich Street (FiDi) — Quantum Pacific + Metro Loft | $105M | Office conversion candidate | 2025 |
| 530 West 25th Street (Chelsea) — Feil + Rigby | $72M | Class B creative office | 2019 |
| 236 Fifth Avenue (NoMad) — Kaufman Organization | $65M | 99-year ground lease | 2017 |
| 131-133 Prince Street (SoHo) — Acadia Realty Trust | $50M | Retail co-op ($16,667/SF record) | 2014 |
| 135 West 29th Street (Chelsea) — Kaufman Organization | $35M | Ground lease (Haymarket Building) | 2021 |
Source: Skyline Properties closed transaction database, 2014–2025.
How a Curated Buyer Pool Beats a Public Auction
The dominant investment-sales playbook at large NYC brokerages is the public auction: build a 60-page OM, blast it to 5,000+ broker recipients, run a tour week, collect best-and-final bids, award to the highest number. That playbook produces a headline price but routinely undermines it during diligence — re-trades, retreats, dropouts, tenants who learned the building was for sale and started shopping their leases.
The buyer-pool-first playbook is different. Skyline's curated 3-12 buyer outreach reaches the principals whose acquisition mandate already matches the asset before a single document is shared. The OM doesn't go out until NDAs are signed. Tours are off-hours. Best-and-final happens with three serious bidders, not thirty kicked-the-tires bidders. LOI-to-PSA conversion is structurally higher because the buyers are pre-qualified.
Skyline is the only NYC commercial brokerage to win RED Awards Off-Market Investment Sales Broker of the Year back-to-back (2024 and 2025) — the industry's highest honor for this specific playbook.
- Curated 3-12 buyer outreach, not 5,000-recipient OM broadcast
- NDA-gated data-room access — LOI-stage buyers only
- Higher LOI-to-PSA conversion through pre-qualification, not re-trade risk
- Two-time RED Awards Off-Market Investment Sales Broker of the Year (2024, 2025)
- Live Manhattan buyer-mandate database segmented by check size, asset class, leverage
“Investment sales in Manhattan isn't a transaction business — it's a relationship business with closing certainty as the deliverable. The brokers who confuse the two end up losing the closing.”
On the buyer side
Why acquisition mandates take patience
Most Manhattan investment sales coverage is written from the seller perspective: how to maximize price, when to go to market, who's bidding. What gets less attention is the patient side — institutional and family-office buyers who hold a check ready for years, waiting for the right Manhattan asset to surface.
Skyline runs a buyer-mandate program in parallel with the listing book. We hold ~12,000 active buyer profiles by check size, asset class, leverage tolerance, and operational style. When a confidential listing lands, the call sheet is already curated — three to twelve names, no broadcast, no leakage. That's why the average Skyline assignment closes in 60-120 days, not the 6-9 months a public process takes.
Recent


101 Greenwich Street

530 West 25th Street

236 Fifth Avenue

131-133 Prince Street

711 Madison Avenue
Continue
Frequently Asked
A Manhattan investment sales broker represents owners and investors in the sale and acquisition of income-producing commercial real estate — office buildings, multifamily, development sites, ground leases, retail, and mixed-use — in the borough of Manhattan, New York City.
Skyline begins with a private valuation, then runs a targeted, confidential outreach to the specific buyers — by check size, asset class, and active mandate — most likely to close at the highest price. The seller maintains complete control over disclosure, timing, and process.
Yes. Skyline regularly transacts with institutional buyers, family offices, REITs, and private equity. The firm has closed $976M+ in Manhattan investment sales, including transactions of $100M+.
Yes — and that is the default. The majority of Skyline's closed deals have been off-market with no public listing, no MLS exposure, and no leaks to tenants or competitors.
Skyline executes Manhattan investment sales from approximately $5M to $250M+, with senior-level attention from the founder on every assignment.
Current Manhattan investment sales cap rates by asset class: free-market multifamily 4.0-5.5%, rent-stabilized multifamily 5.5-7.5%, Class A office 5.5-7.0%, Class B/C office (467-m candidates) 7.0-9.5%, ground lease fee positions 4.5-6.5%, retail high-street 4.0-5.0% ($2,000-$3,500/SF). Skyline Properties refreshes these benchmarks against every closing.
Skyline Properties Manhattan investment sales typically run 60-120 days from broker engagement to closing: 1-2 weeks for BOV and engagement letter, 2-3 weeks to build the curated buyer pool, 2-3 weeks for LOI negotiation, and 30-45 days from signed PSA to closing.
Active Manhattan investment sales buyer pools in 2025-26 include Vanbarton Group (467-m office-to-residential conversion plays), Quantum Pacific + Metro Loft (FiDi office conversions), Feil Organization + Rigby Asset Management (Chelsea office), Kaufman Organization (ground leases), Acadia Realty Trust (SoHo and NoLita retail trophy assets), plus a deep institutional and family-office pool maintained in Skyline Properties' 500+ buyer network.
Yes — extensively. Robert Khodadadian brokered the largest 467-m office-to-residential conversion in NYC: the $135M Vanbarton Group acquisition of 6 East 43rd Street (441 units, 111 affordable). Also brokered the $105M Quantum Pacific + Metro Loft acquisition of 101 Greenwich Street, currently being converted under 467-m. NY State RPTL §467-m commencement deadline is June 30, 2031.
Direct line to Robert Khodadadian: (212) 537-9239. Email: info@skylineprp.com. Office: Skyline Properties, 220 East 42nd Street, Suite 3102, New York, NY 10017 (SL Green Daily News Building). Every inbound is personally reviewed within 24 hours. Confidential intake — no junior team intermediary.
Selling Manhattan investment property?
Get a confidential valuation and a buyer-targeting plan from Robert Khodadadian.
Engage Skyline Investment Sales