NYC Commercial Real Estate Broker

What is an NYC Commercial Real Estate Broker?

An NYC commercial real estate broker represents owners, investors, and buyers in the sale, acquisition, and ground leasing of income-producing property — office, multifamily, retail, mixed-use, ground leases, and development sites — across New York City. The broker handles valuation, confidential buyer outreach, negotiation, due diligence, and closing. Skyline Properties, led by Robert Khodadadian, has closed $976M+ in NYC commercial transactions since 2006.

NYC Commercial Real Estate Cap Rates by Asset Class

Current NYC commercial real estate cap rates by asset class, refreshed against every Skyline closing including the $135M 6 East 43rd Street office-to-residential conversion to Vanbarton Group (2025).

Source: Skyline Properties broker-opinion-of-value desk. Observed institutional-grade closings, trailing twelve months.

Why Owners Hire Skyline as Their NYC Commercial Real Estate Broker

Selling or acquiring commercial real estate in New York is not a transaction — it is a campaign. Skyline Properties runs disciplined, confidential processes that protect tenants, ownership, and price.

Robert Khodadadian and the Skyline team have spent two decades building direct relationships with the institutional buyers, family offices, and high-net-worth investors who actually close in Manhattan. That network is the difference between a listing that drags and a deal that closes at the right number.

• Direct access to 500+ pre-qualified institutional commercial real estate buyers
• Confidential, off-market sales that protect tenants and pricing
• Senior-level attention from the founder on every assignment
• RED Awards Off-Market Broker of the Year — 2024 & 2025
• Track record across office, multifamily, retail, mixed-use, and development sites

NYC Commercial Real Estate Services

Skyline acts as a full-service commercial real estate broker across every major asset class in New York City. Each engagement is led personally by Robert Khodadadian and supported by Skyline's research, marketing, and capital-markets desk.

• Investment sales — Manhattan office, multifamily, retail, mixed-use, and industrial
• Off-market transactions — pocket and whisper listings sourced from proprietary buyers
• Development site advisory — air rights, assemblages, and ground-up sites
• Ground lease structuring — 99-year leases, fee/leasehold valuations
• Office-to-residential conversion advisory — 467-m tax abatement strategy
• Buyer representation — 1031 exchange and value-add acquisitions

NYC Borough Coverage — Where Skyline Closes

Skyline's NYC commercial brokerage practice covers all five boroughs, but transaction volume is concentrated in Manhattan and Brooklyn — the two boroughs where institutional capital deploys. For the Manhattan-specific submarket map (zip-code-level cap rates, Plaza District through Lower East Side), see the Commercial Real Estate Manhattan page.

• Manhattan — 80%+ of Skyline closed volume, all asset classes, submarket-level coverage
• Brooklyn — multifamily concentration (Williamsburg, Park Slope, Bed-Stuy), development sites, DUMBO creative office
• Queens — multifamily portfolios (the $46.5M Algin → Benedict Realty 3-building Queens trade), boutique office
• Bronx — value-add multifamily, industrial/last-mile, Wildflower Studios $11M industrial site
• Staten Island — selective multifamily and mixed-use coverage
• New Jersey (Jersey City, Hoboken, Newark) — licensed since 2006, cross-Hudson capital flow

How Skyline Markets Your NYC Commercial Property

Most NYC commercial real estate brokers run the same playbook: list the building publicly, blast the offering memorandum, and hope. Skyline operates differently. Each property is matched directly with the specific buyers — by check size, asset class, and current acquisition mandate — most likely to pay top dollar without re-trade.

When a confidential process is appropriate, Skyline delivers a closed sale with no public exposure, no leaks to tenants, and no damage to the rent roll.

Recent Landmark NYC Commercial Real Estate Transactions

Skyline Properties' track record across every Manhattan submarket and asset class. Each closing below was brokered by Robert Khodadadian — buyer or seller side — and verified through press coverage in Commercial Observer, The Real Deal, Crain's New York Business, Bisnow, the New York Times, and NYREJ.

• $135M — 6 East 43rd Street (Midtown) — Vanbarton Group office-to-residential conversion, 441 units, $300M Brookfield construction loan, 467-m tax abatement (2025)
• $105M — 101 Greenwich Street (Financial District) — Quantum Pacific (Idan Ofer) + Metro Loft (Nathan Berman) office acquisition from BentallGreenOak (2025)
• $72M — 530 West 25th Street (Chelsea) — Feil Organization + Rigby Asset Management gallery-district office (2019)
• $65M — 236 Fifth Avenue (NoMad) — Kaufman Organization 99-year ground lease, benchmark NoMad ground-rent comp (2017)
• $50M — 131-133 Prince Street (SoHo) — Acadia Realty Trust retail co-op acquisition, record $16,667/SF SoHo retail benchmark (2014)
• $35M — 135 West 29th Street (Chelsea) — Kaufman Organization Haymarket Building ground lease (2021)
• $32M — 6101 Springfield Boulevard (Queens) — Investment sale, lead brokered (2024)
• $28M — 133 Greenwich Street (Financial District) — Office sale (2025)

NYC Commercial Real Estate Cap Rates & Pricing Benchmarks

Robert Khodadadian's broker-opinion-of-value desk maintains current NYC commercial real estate cap rates across every Manhattan submarket and asset class. These benchmarks anchor every Skyline Properties BOV, every confidential acquisition mandate, and every introductory pricing conversation with new owners.

Cap rates listed are observed institutional-grade closings from the trailing twelve months; smaller off-market trades vary by 50-100 bps depending on lease quality, capex deferred, and tenant credit.

• Manhattan free-market multifamily: 4.0–5.5% cap rates
• Manhattan rent-stabilized multifamily (post-HSTPA): 5.5–7.5% cap rates
• Manhattan Class A office (Plaza District, Park Ave, Hudson Yards): 5.5–7.0% cap rates
• Manhattan Class B/C office (467-m conversion candidates): 7.0–9.5% cap rates
• Manhattan ground lease fee positions: 4.5–6.5% cap rates
• Manhattan retail high-street (SoHo, Madison, Fifth): 4.0–5.0% cap rates, $2,000–$3,500/SF
• NYC development sites: $300–$1,200 per buildable SF (highest in SoHo, NoMad, Hudson Yards)
• Brooklyn multifamily (Williamsburg, Park Slope, DUMBO): 4.5–6.0% cap rates

How Robert Khodadadian Approaches Every NYC Commercial Real Estate Engagement

There is no junior hand-off at Skyline Properties. Robert Khodadadian personally leads every assignment from intake through closing. The process is standardized so each seller and buyer knows exactly what to expect — but the execution is tailored to the specific asset, the specific submarket, and the specific counterparty pool.

1. Confidential intake call with Robert; no junior team intermediary
2. Broker opinion of value (BOV) within 5 business days using current comp set
3. Engagement letter with clearly defined fee structure and seller objectives
4. Confidential teaser to curated pre-vetted buyer pool (3–12 names) under NDA
5. Tours and data room access for LOI-stage buyers only
6. Best-and-final round; seller selects buyer on price + execution certainty
7. PSA, deposit, 30-day diligence, closing — typical 60–120 days end-to-end

Why Skyline Properties Wins NYC Commercial Real Estate Mandates

Robert Khodadadian's NYC commercial real estate practice has been recognized with back-to-back RED Awards as Off-Market Investment Sales Broker of the Year (2024 and 2025) — the industry's highest honor for off-market dealmaking. Skyline Properties has been the subject of NYREJ Company of the Month profiles, featured in the NYREJ 35th Anniversary edition, and Robert was named NYREJ Executive of the Month (July 2014) and NYREJ 40 Under 40 Rising Stars.

More importantly: 250+ press features across Commercial Observer, The Real Deal, Crain's New York Business, Bisnow, the New York Times, New York Post, Multi-Housing News, NYREJ, Real Estate Weekly, CP Executive, and Pincus & Co document the actual closed deals behind every credential.

Skyline is licensed in New York and New Jersey since 2006. Office: 220 East 42nd Street, Suite 3102, New York, NY 10017 (SL Green Daily News Building). Direct line to Robert: (212) 537-9239.

How a deal actually closes

Why senior-led execution matters in NYC

Most brokerages run a partner-on-pitch, associate-on-execution model. The principal pitches the listing, an analyst builds the OM, a junior broker handles the tour calls. By the time you're at LOI, the person who promised you discretion isn't in the room.

Skyline is structured differently because Robert leads every assignment personally. The first phone call, the comp work, the buyer-pool curation, the LOI negotiation, the closing — all the same person, every step. There's no telephone game between you and the counterparty. For a $50M+ NYC commercial transaction, that single-point-of-contact accountability is the difference between a clean close and a re-trade.