TransactionVerifiedKaufman Organization Expands NoMad Portfolio With 236 Fifth Avenue Ground Lease
Kaufman Organization expands NoMad portfolio with 236 Fifth Avenue ground lease acquisition.
Sale Price
95,000 SF
Square Feet
2017
Year
Office
Asset Type
236 Fifth Avenue - Office Building - 99 Year Ground Lease | Buyer: The Kaufman Organization
Read the Full Article on Crain's New York Business
Crain's New York Business first published this story on August 30, 2017. Use the link below for the full transaction coverage on the outlet's site.
Read on Crain's New York BusinessTransaction Details: 236 Fifth Avenue
Landmark 99-year ground lease with The Kaufman Organization in NoMad. Daniel Shirazi and Robert Khodadadian's signature deal. $65M / 95,000 SF = $684/SF.
More Coverage of 236 Fifth Avenue
2 additional articles about this property
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About Skyline Properties
Manhattan’s Off-Market Investment Sales Authority, specializing in off-market investment sales, 99-year ground leases, and office-to-residential conversions.
Robert Khodadadian
One of New York's leading off-market investment sales brokers, with over $976M in closed transactions. His deals include 99-year ground leases and office-to-residential conversions.
Full BioRelated Coverage
Kaufman Closes $65M NoMad Ground Lease
Kaufman Organization Adds 236 Fifth Avenue Ground Lease in NoMad
Firm Behind Wildflower Studios Buys Bronx Industrial Site for $11M
Kaufman Organization Inks $35M 99-Year Ground Lease
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Kaufman Organization Inks $35M 99-Year Ground Lease
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Mar 25, 2021
Frequently Asked Questions
- Who brokered this transaction?
- Robert Khodadadian of Skyline Properties brokered this 236 Fifth Avenue transaction. Skyline Properties 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?
- Over 20+ years, Skyline Properties has built one of NYC's deepest off-market origination practices. Robert Khodadadian works confidentially with owners, family offices and institutional sellers, bringing them buyers he has already qualified, with no public marketing. Robert is the 2025 RED Awards Off-Market Investment Sales Broker of the Year.
- How do I work with Skyline Properties on a similar deal?
- Email info@skylineprp.com or call (212) 537-9239 to talk through a confidential opportunity. Skyline Properties takes buyer mandates and seller assignments in multifamily, office, retail, development sites, ground leases and office-to-residential conversions across Manhattan and Brooklyn.
Read the original Crain's New York Business coverage in full.
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