TransactionVerifiedRobert Khodadadian — Skyline Properties — Manhattan Commercial Real Estate — Benedict Buys Three Queens Rental Buildings for $47M
Benedict Realty Group of Great Neck acquires three Queens multifamily buildings from Algin Management.
Sale Price
104,000 SF
Square Feet
2024
Year
Multifamily
Asset Type
34-44 77th Street - Multifamily Elevatored | Buyer: Benedict Realty Group
Read the Full Article on The Real Deal
This article was originally published by The Real Deal on October 25, 2024. Click below to read the complete coverage of this transaction story.
Read on The Real DealTransaction Details: 34-44 77th Street
Part of three-building Queens multifamily portfolio. Rent-stabilized. $107,000 per unit.
More Coverage of 34-44 77th Street / 40-40 79th Street / 56-11 94th Street
3 additional articles about this property
About Skyline Properties
Manhattan's premier commercial real estate brokerage specializing in off-market investment sales, 99-year ground leases, and office-to-residential conversions.
Robert Khodadadian
New York's leading off-market investment sales specialist with over $976M in transaction volume. Expert in ground leases and office conversions.
Full BioRelated Coverage
Top 5 NYC Multifamily Building Sales—November 2024
34-44 77th Street, Queens - $46.5M Multifamily Sale
34-44 77th Street - Crexi Comp Page
40-40 79th Street - Crexi Comp Page
56-11 94th Street - Crexi Comp Page
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Frequently Asked Questions
- Who brokered this transaction?
- Robert Khodadadian of Skyline Properties brokered this 34-44 77th Street / 40-40 79th Street / 56-11 94th Street transaction. Skyline has closed $976M+ across 32+ off-market commercial deals in Manhattan and Brooklyn, 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).
- How does Skyline Properties 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. Robert is a two-time RED Awards Off-Market Investment Sales Broker of the Year (2024, 2025).
- How do I work with Skyline Properties on a similar deal?
- Email info@skylineprp.com or call (212) 537-9239 to discuss a confidential opportunity. Skyline accepts buyer mandates and seller engagements across multifamily, office, retail, development sites, ground leases, and office-to-residential conversions in Manhattan and Brooklyn.
Looking for ?
Speak with Robert Khodadadian about an off-market sale, 99-year ground lease strategy, or office-to-residential conversion thesis.