Size
400,000 SF
Price/SF
$338
Deal Data
Expertise
NYC Multifamily Investment Property
NYC Multifamily
NYC multifamily investment property — apartment buildings, walk-ups, pre-war elevator buildings, rent-stabilized portfolios, and mixed-use multifamily across Manhattan and Brooklyn. Skyline Properties has closed multifamily transactions across the full risk spectrum, from sub-$5M walk-ups to nine-figure portfolios.
Closed Volume
Verified Buyers
Years in NYC
Client Rating
NYC Multifamily Investment Property — Skyline Coverage
Multifamily is the deepest, most resilient asset class in New York City commercial real estate. Tenant demand is structural, supply is constrained by zoning and construction costs, and the income stream is more predictable than any other asset class in the city. Skyline Properties has spent two decades brokering NYC multifamily investment property — from boutique walk-ups in the East Village to nine-figure pre-war portfolios on the Upper East Side.
Whether you're acquiring a 6-unit walk-up for a 1031 exchange, repositioning a value-add elevator building, or quietly monetizing a multi-generational rent-stabilized portfolio, Skyline runs the process at the senior level — Robert Khodadadian leads every engagement personally.
NYC Multifamily Investment Property Types We Cover
Skyline transacts NYC multifamily investment property across every product type and check size that trades in the New York market.
- Pre-war elevator apartment buildings (UES, UWS, Upper Manhattan)
- Walk-up multifamily and small apartment buildings
- Rent-stabilized portfolios — single buildings and multi-asset packages
- Mixed-use retail-over-residential
- New-construction multifamily (Brooklyn, Long Island City)
- Free-market multifamily and luxury rental buildings
- Townhouses and brownstones structured as multifamily investment
How Skyline Values NYC Multifamily Investment Property
Valuing NYC multifamily investment property requires a discipline most generalist brokers don't have. Free-market and stabilized rent rolls have to be analyzed separately. RGB increases, MCI / IAI rules, the 2019 HSTPA, and asset-specific operating expenses all change the underwriting. Skyline runs every valuation against current cap rates, current comparable sales, and the actual buyer mandates that are live in the market today.
If you are an owner exploring a sale, Skyline provides a confidential, no-obligation broker opinion of value with full underwriting support.
- Free-market vs rent-stabilized rent roll modeling
- Submarket-specific cap rate benchmarking
- Live buyer mandate matching by check size and asset type
- Operating expense and capital plan stress-testing
- Tax abatement and tax class analysis (J-51, 421-a, 467-m)
NYC Multifamily Submarkets
Skyline maintains active deal flow and current comparable sales across every major NYC multifamily submarket.
- Upper East Side & Upper West Side — pre-war elevator and brownstone
- East Village, Lower East Side, West Village — walk-up multifamily
- Harlem & Washington Heights — value-add and rent-stabilized
- Williamsburg, Bushwick, Bed-Stuy — Brooklyn multifamily and new construction
- Long Island City & Astoria — mid-rise and rental towers
- Crown Heights, Park Slope, Prospect Heights — Brooklyn townhouse and walk-up
Track Record
Recent
Size
10,000 SF
Price/SF
$4,700
BuyerRalph Sitt
SellerZiggy Rutan
Expertise
Size
48,000 SF
Price/SF
$875
BuyerL3 Capital
Deal Data
Expertise
Related Resources
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Multifamily Portfolio Sales
Skyline's full multifamily service practice.
NYC Apartment Building For Sale
Apartment buildings currently available.
Upper East Side Multifamily
Pre-war elevator and brownstone multifamily.
Williamsburg Multifamily
Brooklyn multifamily new-construction and value-add.
Multifamily Investment Guide
How to buy multifamily in NYC.
Rent Stabilization Guide
NYC rent stabilization rules and impact on value.
$976M+ in Closed Deals
Browse the Skyline transaction database.
Get a Broker Opinion of Value
Confidential, no-obligation valuation.
Schedule a Consultation
Confidential conversation with Robert Khodadadian.
FAQ
Frequently Asked
NYC multifamily investment property refers to residential rental buildings purchased as income-producing investments in New York City — including walk-up apartment buildings, pre-war elevator buildings, rent-stabilized portfolios, mixed-use retail-over-residential, and new-construction rental towers across Manhattan, Brooklyn, Queens, and the Bronx.
Cap rates for NYC multifamily investment property vary widely by submarket and rent regulation. Free-market Manhattan multifamily generally trades in the low-to-mid 4% range; rent-stabilized portfolios trade wider, often in the 5%–7% range depending on the percentage of stabilized units, building condition, and operating expense load. Skyline provides current cap rate benchmarks during every broker opinion of value.
Selling rent-stabilized NYC multifamily property is almost always best handled off-market. The buyer pool is specialized, pricing is sensitive to tenant disclosure, and confidentiality protects both rent roll integrity and tenant relations. Skyline Properties runs confidential rent-stabilized sales as a core part of its practice.
Yes. Skyline's multifamily practice spans the full check-size spectrum — from sub-$5M walk-ups through $100M+ portfolios. Robert Khodadadian leads every engagement personally regardless of deal size.
Schedule a confidential consultation with Skyline Properties. Robert Khodadadian provides confidential, no-obligation broker opinions of value for NYC multifamily investment property — typically delivered within a few business days with full underwriting support.
Acquiring or selling NYC multifamily investment property?
Confidential consultations with Robert Khodadadian. $976M+ closed across Manhattan and Brooklyn multifamily.
Schedule a Confidential Consultation