TransactionVerifiedRobert Khodadadian — Skyline Properties — Manhattan Commercial Real Estate — Top 5 NYC Multifamily Building Sales—November 2024
Benedict Realty Group of Great Neck closes $46.5M acquisition of three Queens multifamily buildings totaling 424 units 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 Multi-Housing News
This article was originally published by Multi-Housing News on November 15, 2024. Click below to read the complete coverage of this transaction story.
Read on Multi-Housing NewsTransaction 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
Topics & Keywords
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
Benedict Buys Three Queens Rental Buildings for $47M
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
Deal Platforms
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.
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Speak with Robert Khodadadian about an off-market sale, 99-year ground lease strategy, or office-to-residential conversion thesis.