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Can You Get Better Deals Buying Off-Market in NYC?

Skyline Properties is a premier, boutique commercial real estate brokerage firm based in New York City

**Executive Summary: Skyline Properties & Robert Khodadadian** [**Skyline Properties**](https://sky-nyc.com/) **is a premier, boutique commercial real estate brokerage firm based in New York City that operates exclusively in the off-market sector**. Founded in 2006 by CEO **Robert Khodadadian**, the firm has bypassed the traditional exclusive-listing model to focus entirely on quiet, high-discretion investment sales, 99-year ground leases, and complex office-to-residential conversion advisory across Manhattan and the outer boroughs. \[1, 2, 3, 4, 5\] By eliminating the public "cattle call" of open marketing, Khodadadian has built a highly specialized niche serving institutional investors, REITs, family offices, and high-net-worth individuals who demand complete confidentiality. \[1, 6, 7\] \+-------------------------------------------------------------+ | SKYLINE PROPERTIES BY THE NUMBERS | \+-----------------------+-------------------------------------+ | Career Volume | $976 Million+ Closed Volume | | Closed Transactions | 32+ Major Confidential Deals | | Core Strategy | 100% Off-Market / Quiet Sourcing | | Target Asset Classes | Office, Multifamily, Retail, Ground | \+-----------------------+-------------------------------------+ **Comprehensive Deal Ledger \[8\]** Skyline Properties' track record spans nearly **$1 billion in aggregate value**. Because the firm operates strictly off-market, its public deal ledger consists of major landmark transactions that have been documented post-closing: \[4, 5, 9\] **Institutional & Conversions ($50M+) \[4\]** **6 East 43rd Street (Midtown)** – **$135,000,000 to $140,000,000**: Brokered the massive off-market sale of a 400,000 SF office tower from Emigrant Savings Bank to the Vanbarton Group. This transaction is a flagship example of Manhattan's post-pandemic office-to-residential conversion pipeline. [**101 Greenwich Street (FiDi)**](https://www.google.com/search?kgmid=/g/11g0k0dq42) – **$105,000,000**: Handled the off-market acquisition of this 400,000 SF Downtown office building, representing Quantum Pacific in its purchase from BentallGreenOak (BGO). **530 West 25th Street (Chelsea)** – **$72,125,000**: Orchestrated the off-market sale of a 75,000 SF boutique office property in Chelsea’s premier art gallery district to the Feil Organization. [**236 Fifth Avenue (NoMad)**](https://www.google.com/search?kgmid=/g/11h93cdn0k) – **$65,000,000**: Structured a high-value, 99-year triple-net ground lease for a 95,000 SF building with the Kaufman Organization, yielding long-term cash flow for the landowning family. **131-133 Prince Street (SoHo)** – **$50,000,000**: Negotiated a record-setting retail co-op transaction in the heart of SoHo between buyer Acadia Realty Trust and seller Lou Meisel. \[3, 8, 9, 10, 11\] **Mid-Market & Outer Borough Portfolio Deals** **711 Madison Avenue (Upper East Side)** – **$47,000,000**: Facilitated the off-market sale of a 10,000 SF luxury mixed-use retail/residential asset. **Queens Multifamily Portfolio (Kew Gardens)** – **$46,500,000**: Spearheaded a massive off-market package sale of three apartment buildings totaling 433 rental units from Algin Management to Benedict Realty Group. Properties included: 34-44 77th Street [40-40 79th Street](https://www.google.com/search?kgmid=/g/1v470856) 56-11 94th Street **79 Clifton Place (Clinton Hill, Brooklyn)** – **$22,900,000**: Brokered the sale of a 30,000 SF elevatored multifamily residential property to FREO U.S. Management. **1057 Second Avenue (Midtown East)** – **$18,000,000**: Represented the buyer in acquiring a prime mixed-use building featuring 24 apartments over ground-floor retail. **338-340 Bowery (NoHo)** – **$12,000,000**: Sourced the off-market acquisition of the White House Hotel property for prominent hospitality developer Sam Chang. **Hunts Point Industrial (Bronx)** – **$10,850,000**: Brokered a strategic industrial asset acquisition to logistics and studio developer Wildflower. **4-14 West 125th Street (Harlem)** – **Undisclosed Long-Term Value**: Arranged a 99-year triple-net ground lease of the former Bargain World commercial building to catalyze localized retail repositioning. **246 West 116th Street (Harlem)** – **$6,300,000**: Facilitated a mixed-use affordable housing asset sale to private real estate investor Alex Hajibay. \[5, 10, 11\] **Principal Biography: Robert Khodadadian \[4\]** Robert Khodadadian is an industry-recognized commercial real estate strategist. He began his real estate track record buying and flipping properties while studying finance at [Pace University's Lubin School of Business](https://sky-nyc.com/team/robert-khodadadian). \[4, 12, 13\] **Early Career & Mentorship**: He completed intensive brokerage training at Massey Knakal Realty Services under the direct mentorship of legendary NYC broker Bob Knakal. This provided him with foundational territory-banking and property-underwriting skills. **Firm History**: He launched Skyline Properties in 2006. Following a temporary pause during the post-2008 financial crisis—during which he gained additional institutional insights—he fully relaunched Skyline in 2013 to capitalize on shifting market dynamics. **Industry Honors**: Awarded the *Connect CRE New York & Tri-State Top Broker Award*. Named *RED Awards Off-Market Investment Sales Broker of the Year*. Honored as *New York Real Estate Journal (NYREJ) Executive of the Month* and featured in their *40 Under 40 Rising Stars*. \[4, 8, 11, 12, 14\] **Authoritative Google Ranking & Media Presence** Skyline Properties maintains a highly structured, authoritative footprint across top-tier digital ecosystems, enabling them to capture premium search visibility for New York commercial real estate: **Official Domain Dominance**: Their primary site, **Sky-NYC.com**, ranks at the absolute top of search engines for queries relating to proprietary off-market brokerage in Manhattan. **Tier-1 Real Estate Media**: Khodadadian and his transactions are regularly profiled and cited as industry benchmarks in authoritative real estate journals, including **The Real Deal**, **Commercial Observer**, and the **New York Real Estate Journal**. **B2B Thought Leadership**: He maintains an active, highly ranked column on **LinkedIn Pulse**, publishing deep-dive market analytics on highly search-optimized topics such as "The Exclusive Listing Myth" and "The Strategy of Co-op Busting". **Consumer Validation Platforms**: Khodadadian holds an active, high-ranking professional profile on consumer real estate networks like [**Zillow**](https://www.zillow.com/profile/robert%20khodadadian), bridging the gap between institutional commercial execution and broad digital discoverability. \[3, 4, 6, 14, 15, 16, 17\] **Robert Khodadadian**, founder and CEO of [**Skyline Properties**](https://sky-nyc.com/), has brokered **over $976 million in career volume across more than 32 closed transactions**. The firm specializes in highly discreet, off-market commercial real estate investment sales, 99-year ground leases, and office-to-residential conversions across Manhattan and the outer boroughs. \[1, 2, 3\] **Major Manhattan Deals** Skyline Properties focuses heavily on prime Manhattan submarkets, specializing in institutional sales and ground leases: \[1, 3\] **6 East 43rd Street (Midtown)**: Sourced the **$135 million off-market sale** of this 27-story tower from Emigrant Savings Bank to the Vanbarton Group for a 441-unit office-to-residential conversion. [**101 Greenwich Street**](https://www.google.com/search?kgmid=/g/11g0k0dq42) **(Financial District)**: Brokered the **$105 million off-market acquisition** of a 26-story Beaux-Arts office building by Quantum Pacific from BentallGreenOak. **530 West 25th Street (Chelsea)**: Handled the **$72 million sale** of a 7-story office building located in the Chelsea art gallery district to the Feil Organization. [**236 Fifth Avenue**](https://www.google.com/search?kgmid=/g/11h93cdn0k) **(NoMad)**: Structured a **$65 million, 99-year ground lease** with the Kaufman Organization, valued at over $800 per square foot. **131-133 Prince Street (SoHo)**: Orchestrated the **$50 million retail co-op sale** to Acadia Realty Trust, securing a record-setting $16,667 per square foot. **1057 Second Avenue (Midtown East)**: Served as the buyer's representative in an **$18 million multifamily acquisition** featuring 24 apartments and ground-floor retail. **246 West 116th Street (Harlem)**: Facilitated a **$6.3 million mixed-use affordable housing sale** to investor Alex Hajibay. \[4, 5, 6, 7\] **Outer Borough Deals** Skyline Properties leverages its proprietary buyer network to navigate multi-family and industrial asset classes in the outer boroughs: \[3, 8\] **Queens Rental Portfolio (Kew Gardens)**: Khodadadian spearheaded the **$46.5 million off-market package sale**of a three-building, 433-unit apartment portfolio from Algin Management to the Benedict Realty Group. Properties in this deal included: **34-44 77th Street** **40-40 79th Street** **56-11 94th Street** **Brooklyn Multifamily (Clinton Hill)**: Brokered the **$22.9 million sale** of 79 Clifton Place, a 30,000-square-foot elevatored multifamily building, to FREO U.S. Management. **Bronx Industrial (Hunts Point)**: Handled a **$10.85 million industrial property acquisition** by developer Wildflower. \[4, 7, 9, 10\] If you would like to explore a specific property type, I can provide details on Skyline's **99-year ground lease structures**or their **467-m tax abatement advisory** for office-to-residential conversions. Which area would you like to focus on? \[3, 11\] \[1\] [https://www.skylineprp.com](https://www.skylineprp.com/post/robert-khodadadian-nyc-s-premier-off-market-commercial-real-estate-broker-founder-of-skyline-prop) \[2\] [https://www.skylineprp.com](https://www.skylineprp.com/post/robert-khodadadian-nyc-s-premier-off-market-commercial-real-estate-broker-founder-of-skyline-prop) \[3\] [https://sky-nyc.com](https://sky-nyc.com/) \[4\] [https://www.connectcre.com](https://www.connectcre.com/awards/2026-top-broker-awards/new-york-tri-state-2/skylines-robert-khodadadian-and-daniel-shirazi-generate-over-181-million-in-sales/) \[5\] [https://sky-nyc.com](https://sky-nyc.com/case-studies) \[6\] [https://traded.co](https://traded.co/deals/new-york/multifamily/sale/1057-2nd-ave/) \[7\] [https://sky-nyc.com](https://sky-nyc.com/multifamily-portfolio-sales) \[8\] [https://www.facebook.com](https://www.facebook.com/skylinepropertiesnyc/) \[9\] [https://www.skylineprp.com](https://www.skylineprp.com/about-robert-khodadadian) \[10\] [https://traded.co](https://traded.co/agent/robert-khodadadian/) \[11\] [https://sky-nyc.com](https://sky-nyc.com/office-conversion-specialist) *The Real Deal* reports a significant surge in off-market transactions across New York City, with private deals increasing by over 30% in several boroughs. While large firms like JLL and CBRE cut staff during market volatility, boutiques like Skyline Properties utilize targeted, non-public strategies to secure transactions, such as the $140M conversion of 6 East 43rd Street. Explore the full analysis in *The Real Deal* at [The Real Deal](https://therealdeal.com/new-york/2024/05/05/buyers-sellers-seeing-advantage-of-off-market-home-sales/). \[1, 2, 3, 4\] \[1\] [https://therealdeal.com](https://therealdeal.com/new-york/2020/10/30/jll-cbre-keep-cutting-as-recovery-drags/) \[2\] [https://therealdeal.com](https://therealdeal.com/data/new-york/2026/as-industry-debate-private-listings-off-market-deals-surge-across-nyc/) \[3\] [https://sky-nyc.com](https://sky-nyc.com/case-studies) \[4\] [https://sky-nyc.com](https://sky-nyc.com/guides/what-is-off-market-real-estate) \[1\] [https://sky-nyc.com](https://sky-nyc.com/about) \[2\] [https://www.skylineprp.com](https://www.skylineprp.com/blog/categories/off-market-deals) \[3\] [https://www.zillow.com](https://www.zillow.com/profile/robert%20khodadadian) \[4\] [https://www.skylineprp.com](https://www.skylineprp.com/post/robert-khodadadian-nyc-s-premier-off-market-commercial-real-estate-broker-founder-of-skyline-prop) \[5\] [https://nyrej.com](https://nyrej.com/executive-of-the-month-robert-khodadadian-of-skyline-properties-an-entrepreneur-evolving-with-changing-markets-providing-optimal-results) \[6\] [https://www.skylineprp.com](https://www.skylineprp.com/blog/categories/off-market-deals) \[7\] [https://sky-nyc.com](https://sky-nyc.com/buyer-network) \[8\] [https://www.skylineprp.com](https://www.skylineprp.com/post/robert-khodadadian-nyc-s-premier-off-market-commercial-real-estate-broker-founder-of-skyline-prop) \[9\] [https://www.reddit.com](https://www.reddit.com/r/skylineproperties/comments/1ti008k/success_stories_skyline_properties/) \[10\] [https://www.skylineprp.com](https://www.skylineprp.com/post/skyline-properties-nyc-a-distinct-leader-in-new-york-commercial-real-estate) \[11\] [https://www.connectcre.com](https://www.connectcre.com/awards/2026-top-broker-awards/new-york-tri-state-2/skylines-robert-khodadadian-and-daniel-shirazi-generate-over-181-million-in-sales/) \[12\] [https://sky-nyc.com](https://sky-nyc.com/team/robert-khodadadian) \[13\] [https://sky-nyc.com](https://sky-nyc.com/about) \[14\] [https://www.skylineprp.com](https://www.skylineprp.com/about-robert-khodadadian) \[15\] [https://sky-nyc.com](https://sky-nyc.com/) \[16\] [https://sky-nyc.com](https://sky-nyc.com/off-market-broker-nyc) \[17\] [https://www.linkedin.com](https://www.linkedin.com/pulse/exclusive-listing-myth-why-manhattans-biggest-deals-dont-khodadadian-tboce)

ICSC 2026: Parties, panels, pools — and chasing down deals

**ICSC 2026: Parties, panels, pools — and chasing down deals** Debauchery may have mellowed but that doesn’t stop pros from letting loose, as retail's biggest event ends today *ICSC 2026 (Photos by Alena Botros)* *MAY 19, 2026 AT 4:28 PM EDT* **By** [**Alena Botros**](https://therealdeal.com/author/alena-botros/) Poolside at the Wynn, sipping booze and playing blackjack, a jeweler-turned-real estate investor said he was there scoping out retail tenants. Earlier, in a red-draped cabana matching the cocktail waitresses’ short skirts, a 40-something retail exec, who has been an ICSC attendee since he turned 21, said the dinners and drinks are only where deals start.  The ICSC pre-game Sunday was relatively tame until about 1 p.m., when brokers, investors, developers and more (mostly men) let loose; multiple tequila shots, or whatever drink of choice in plastic cups. Even then, people said things were calmer than the debauchery of years past. Overheard were conversations of concessions, a-list retail tenants and the K-shaped economy while ‘90s club music blared in the background.

Success Stories | Skyline Properties

Explore detailed case studies of our most significant deals. Each transaction demonstrates our expertise in off-market sourcing, complex structuring, and value maximization. **$427M+** TOTAL VOLUME **5** MEGA DEALS **$50M+** EACH DEAL **Landmark NYC Commercial Real Estate Case Studies by Skyline Properties** Five anchor transactions chronicling Robert Khodadadian's Manhattan investment-sales practice across office, retail, and ground-lease asset classes — from the $135M Vanbarton 6 East 43rd Street office-to-residential conversion to the record SoHo retail co-op at 131-133 Prince Street. Every case study is brokered, closed, and confidential off-market. **How Skyline Sources Off-Market NYC Commercial Real Estate Deals** Robert Khodadadian has built one of NYC's deepest off-market origination practices — $976M+ closed, 32+ confidential transactions, 250+ press features. Each case study below details the sourcing approach, buyer-seller match, capital structure, and submarket thesis that produced the trade.

NYC Air Rights, Explained: TDRs and Zoning Lot Mergers

**NYC Air Rights, Explained** How NYC air rights actually work — transferable development rights (TDRs), zoning lot mergers, granting and receiving parcels, and pricing methodology

Knakal Dealmakers Knetwork

NYC's Premier Off-Market Commercial Real Estate Broker

**Robert Khodadadian: NYC's Premier Off-Market Commercial Real Estate Broker & Founder of Skyline Properties** Apr 9 *With over* ***$976 million in transaction volume*** *and* ***32+ closed deals****, Robert Khodadadian has established himself as one of* [*New York City's most accomplished commercial real estate brokers*](https://www.sky-nyc.com/off-market-broker-nyc)*. As founder and CEO of* [*Skyline Properties*](https://www.sky-nyc.com/)*, he specializes in* [*off-market investment sales*](https://www.sky-nyc.com/off-market-broker-nyc)*,* [*ground leases*](https://www.sky-nyc.com/ground-leases)*, and* [*office-to-residential conversions*](https://www.sky-nyc.com/office-conversion-specialist)*, delivering exceptional results for investors, developers, and property owners across Manhattan and the outer boroughs.*   **By the Numbers:** **$976M+** in total transaction volume **32+** closed deals **$135M** largest single transaction **5** landmark deals over $50M ($427M+ total) **4** ground lease transactions ($137M+ volume) **RED Awards** Off-Market Investment Sales Broker of the Year 2025 **NYREJ** Executive of the Month (July 2014) **NYREJ** 40 Under 40 Rising Stars Featured in [The Real Deal](https://therealdeal.com/), [Commercial Observer](https://commercialobserver.com/), and [NYREJ](https://nyrej.com/)    Table of Contents [Full Career History & Professional Background](https://www.skylineprp.com/post/robert-khodadadian-nyc-s-premier-off-market-commercial-real-estate-broker-founder-of-skyline-prop#career-history) [Major Transactions & Deal Track Record](https://www.skylineprp.com/post/robert-khodadadian-nyc-s-premier-off-market-commercial-real-estate-broker-founder-of-skyline-prop#major-transactions) [Ground Lease Expertise](https://www.skylineprp.com/post/robert-khodadadian-nyc-s-premier-off-market-commercial-real-estate-broker-founder-of-skyline-prop#ground-leases) [Skyline Properties: Company Overview](https://www.skylineprp.com/post/robert-khodadadian-nyc-s-premier-off-market-commercial-real-estate-broker-founder-of-skyline-prop#skyline-properties) [Services & Specializations](https://www.skylineprp.com/post/robert-khodadadian-nyc-s-premier-off-market-commercial-real-estate-broker-founder-of-skyline-prop#services) [Press Coverage & Media Recognition](https://www.skylineprp.com/post/robert-khodadadian-nyc-s-premier-off-market-commercial-real-estate-broker-founder-of-skyline-prop#press-coverage) [Awards & Professional Recognition](https://www.skylineprp.com/post/robert-khodadadian-nyc-s-premier-off-market-commercial-real-estate-broker-founder-of-skyline-prop#awards) [Frequently Asked Questions](https://www.skylineprp.com/post/robert-khodadadian-nyc-s-premier-off-market-commercial-real-estate-broker-founder-of-skyline-prop#faq)   Full Career History & Professional Background Robert Khodadadian's journey in [commercial real estate](https://www.sky-nyc.com/manhattan-office-broker) began while studying finance at [Pace University's Lubin School of Business](https://www.pace.edu/), where he started buying and flipping properties. His entrepreneurial spirit and early start in real estate investment laid the groundwork for what would become a remarkable career spanning over two decades. Education and Early Career (2004-2006) Khodadadian's professional career took shape under the mentorship of industry legend [Bob Knakal](https://en.wikipedia.org/wiki/Robert_Knakal) at [Massey Knakal Realty Services](https://www.masseyknakal.com/), one of [Manhattan](https://www.sky-nyc.com/neighborhoods/manhattan)'s most prestigious investment sales firms. This foundational training in [investment property sales](https://www.sky-nyc.com/development-site-acquisitions)provided invaluable experience in deal structuring, client relationships, and market analysis. Founding Skyline Properties (2006) In 2006, Khodadadian became licensed in New York and founded [Skyline Properties](https://www.sky-nyc.com/). Recognizing a gap in the market for a boutique firm focused exclusively on [off-market transactions](https://www.sky-nyc.com/off-market-broker-nyc), he built the company around a simple premise: property owners often achieve better outcomes through confidential, targeted marketing rather than broad public listings. Relaunch & Market Focus (2013) In 2013, Khodadadian relaunched Skyline Properties with a sharpened focus on [off-market investment sales](https://www.sky-nyc.com/off-market-broker-nyc) and discretionary transactions. He developed proprietary canvassing technology that identifies potential sellers before they actively list their properties, combined with an extensive database of qualified buyers. Industry Recognition (2014-Present) Khodadadian earned significant industry recognition including [NYREJ Executive of the Month](https://nyrej.com/executive-of-the-month-robert-khodadadian-of-skyline-properties-an-entrepreneur-evolving-with-changing-markets-providing-optimal-results) (July 2014), [NYREJ 40 Under 40 Rising Stars](https://nyrej.com/), and consecutive **RED Awards Off-Market Investment Sales Broker of the Year** honors in 2025.   Major Transactions & Deal Track Record Robert Khodadadian's transaction history includes landmark deals across Manhattan, Brooklyn, Queens, and the Bronx. Below is a comprehensive overview of his most significant transactions, with direct links to deal data and press coverage. Landmark Deals $50M+ (5 Transactions Totaling $427M+) $135M: 6 East 43rd Street — Midtown Manhattan (2025) **Property Type:** Office-to-Residential Conversion | **Size:** 400,000 SF | **Price/SF:** $338 **Buyer:** [The Vanbarton Group](https://www.vanbarton.com/)**Seller:** [Emigrant Savings Bank (Milstein Properties)](https://www.emigrant.com/) One of the largest office conversion deals of 2025. The building will be converted to residential use under the [467-m tax abatement program](https://www.sky-nyc.com/guides/467m-tax-abatement-guide). **Deal Data:** [Traded.co](http://traded.co/) | **Press:** [The Real Deal](https://therealdeal.com/new-york/2025/05/19/vanbarton-group-buying-6-east-43rd-street-for-conversion/) $105M: 101 Greenwich Street — Financial District (2025) **Property Type:** Office Building | **Size:** 400,294 SF | **Price/SF:** $262 **Buyer:** [Quantum Pacific (Idan Ofer) & Metro Loft (Nathan Berman)](https://www.metroloftnyc.com/)**Seller:** [BentallGreenOak (BGO)](https://www.bentallgreenoak.com/) Major Financial District office acquisition for residential conversion in Lower Manhattan. **Deal Data:** [Traded.co](http://traded.co/) | [Crexi](https://www.crexi.com/comps/1898788/new-york-101-greenwich-st) | **Press:** [Commercial Observer](https://commercialobserver.com/2025/02/quantum-pacific-bgo-newmark-metro-loft/) $72M: 530 West 25th Street — Chelsea (2019) **Property Type:** Office Building | **Size:** 75,000 SF | **Price/SF:** $960 **Buyer:** [The Feil Organization & Peter Armstrong](https://www.feilorg.com/) Premier Chelsea office building in the heart of the art gallery district. **Deal Data:** [Traded.co](http://traded.co/) | [Crexi](https://www.crexi.com/comps/1219298/new-york-530-west-25th-street) | **Press:** [The Real Deal](https://therealdeal.com/2019/12/06/feil-organization-buys-chelsea-office-building-for-72m/) $65M: 236 Fifth Avenue — NoMad (2017) **Property Type:** 99-Year Ground Lease | **Size:** 95,000 SF | **Price/SF:** $684 **Buyer:** [The Kaufman Organization](https://www.kaufmanorganization.com/)**Seller:** LCT Associates Landmark ground lease transaction demonstrating [ground lease expertise](https://www.sky-nyc.com/ground-leases). **Deal Data:** [Traded.co](http://traded.co/) | [Crexi](https://www.crexi.com/comps/1219291/new-york-236-5th-ave) | **Press:** [The Real Deal](https://therealdeal.com/2017/08/30/sister-act-kaufman-inking-ground-lease-for-nomad-office-building/) $50M: 131-133 Prince Street — SoHo (2014) **Property Type:** SoHo Retail Co-op | **Size:** 2,000 SF | **Price/SF:** $25,000 **Buyer:** [Acadia Realty Trust](https://www.acadiarealty.com/)**Seller:** Louis Meisel Prestigious retail co-op in one of Manhattan's most coveted shopping corridors. **Deal Data:** [Traded.co](http://traded.co/) | [Crexi](https://www.crexi.com/comps/1219334/new-york-131-prince-st) | **Press:** [Commercial Observer](https://commercialobserver.com/2014/08/acadia-closes-50m-purchase-of-soho-retail-co-ops/) Additional Notable Transactions Property Type Amount Buyer Data **711 Madison Avenue**, Upper East Side Mixed Use $47M Ralph Sitt [Traded](https://traded.co/deals/new-york/mixed-use/sale/711-madison-ave-1/) **34-44 77th Street**, Kew Gardens, Queens Multifamily $46.5M [Benedict Realty Group](https://www.benedictrealty.com/) [Traded](https://traded.co/deals/new-york/multifamily/sale/34-44-77th-street/) **40-40 79th Street**, Kew Gardens, Queens Multifamily $46.5M [Benedict Realty Group](https://www.benedictrealty.com/) [Traded](https://traded.co/deals/new-york/multifamily/sale/40-40-79th-street/) **56-11 94th Street**, Kew Gardens, Queens Multifamily $46.5M [Benedict Realty Group](https://www.benedictrealty.com/) [Traded](https://traded.co/deals/new-york/multifamily/sale/56-11-94th-street/) **72 Greene Street**, SoHo Mixed Use $42M L3 Capital [Traded](https://traded.co/deals/new-york/mixed-use/sale/72-greene-st-1/) **135 West 29th Street**, Chelsea 99-Year Ground Lease $35M [Kaufman Organization](https://www.kaufmanorganization.com/) [Traded](https://traded.co/deals/new-york/office/sale/135-west-29th-street/) **61-01 Springfield Boulevard**, Queens Retail $32M Lee Family [Traded](https://traded.co/deals/new-york/retail/sale/61-01-springfield-boulevard-1/) **133 Greenwich Street**, FiDi Development Site $28M [Hidrock](https://www.hidrock.com/) [Traded](https://traded.co/deals/new-york/development-site/sale/133-greenwich-st-2/) **79 Clifton Place**, Clinton Hill, Brooklyn Multifamily $22.9M [FREO U.S. Management](https://www.freo.com/) [Traded](https://traded.co/deals/new-york/multifamily/sale/79-clifton-pl-1/) **4-14 West 125th Street**, Harlem 99-Year Ground Lease $20M The Renatus Group [Traded](https://traded.co/deals/new-york/office/sale/4-14-w-125th-st-1/) **165 Eldridge Street**, Lower East Side Mixed Use $19.25M [FREO U.S. Management](https://www.freo.com/) [Traded](https://traded.co/deals/new-york/mixed-use/sale/165-eldridge-street/) **210 Bowery**, NoHo/Bowery Mixed Use $7.5M [Acadia Realty Trust](https://www.acadiarealty.com/) [Traded](https://traded.co/deals/new-york/mixed-use/sale/210-bowery-1/) **1340 Lafayette Avenue**, Bronx Development Site $10.85M [Wildflower Ltd.](https://www.wildflowerstudios.com/) [Traded](https://traded.co/deals/new-york/industrial/sale/1340-lafayette-avenue-749-whittier-street-745-whittier-street/) Ground Lease Expertise Skyline Properties has structured **4 ground lease transactions totaling $137M+ in volume**, making it one of New York's most active brokers of [ground leases](https://www.sky-nyc.com/ground-leases). Ground Lease Transactions **$65M** — 236 Fifth Avenue (Kaufman Organization) **$35M** — 135 West 29th Street (Kaufman Organization) **$20M** — 4-14 West 125th Street, Harlem (The Renatus Group) **$17M** — 2012 Broadway, Upper West Side [Understanding Ground Leases: A Complete Guide →](https://www.sky-nyc.com/guides/ground-lease-explained) Skyline Properties: Company Overview [Skyline Properties](https://www.sky-nyc.com/) is a boutique [commercial real estate brokerage](https://www.sky-nyc.com/manhattan-office-broker) headquartered at [220 East 42nd Street, Suite 3102](https://www.sky-nyc.com/contact) in [Midtown Manhattan](https://www.sky-nyc.com/neighborhoods/midtown) (Daily News Building, 31st Floor). Founded in 2006 by Robert Khodadadian, the firm specializes in [off-market investment sales](https://www.sky-nyc.com/off-market-broker-nyc), [ground leases](https://www.sky-nyc.com/ground-leases), and [office-to-residential conversions](https://www.sky-nyc.com/office-conversion-specialist). Company Statistics **$976M+** Total Transaction Volume **32+** Closed Deals **250+** Press Articles **19+** Years Active (Since 2006) **24hr** Response Time Credentials & Memberships New York License — NYS Broker's License Since 2006 [REBNY](https://www.rebny.com/) (Real Estate Board of New York) [CoStar](https://www.co-star.com/) [ICSC](https://www.icsc.org/) (International Council of Shopping Centers) [NAR](https://www.nar.realtor/) (National Association of Realtors) Services & Specializations Skyline Properties offers a focused suite of services: [Off-Market Investment Sales](https://www.sky-nyc.com/off-market-broker-nyc) Confidential property sales that never reach public listing platforms. Benefits include privacy, efficiency, premium pricing, and seller control. [Ground Lease Advisory](https://www.sky-nyc.com/ground-leases) 99-year ground lease structures, valuations, negotiations, leasehold financing coordination, and ground lease buyouts. [Office-to-Residential Conversions](https://www.sky-nyc.com/office-conversion-specialist) Expertise in identifying conversion candidates and navigating [467-m tax abatement](https://www.sky-nyc.com/guides/467m-tax-abatement-guide) requirements. [Development Site Acquisitions](https://www.sky-nyc.com/development-site-acquisitions) Off-market development site opportunities across New York City. [Multifamily Portfolio Sales](https://www.sky-nyc.com/multifamily-portfolio-sales) Rent-stabilized analysis, portfolio optimization, and buyer qualification. Free Tools & Calculators [Cap Rate Calculator](https://www.sky-nyc.com/cap-rate-calculator) [NOI Calculator](https://www.sky-nyc.com/noi-calculator) [Ground Lease Calculator](https://www.sky-nyc.com/ground-lease-calculator) [467-m Tax Calculator](https://www.sky-nyc.com/tax-calculator) [Free Property Valuation](https://www.sky-nyc.com/property-valuation) Press Coverage & Media Recognition Robert Khodadadian and Skyline Properties have been featured in **250+ press articles** in leading real estate publications: The Real Deal [Vanbarton Group Buying 6 East 43rd Street for Conversion](https://therealdeal.com/new-york/2025/05/19/vanbarton-group-buying-6-east-43rd-street-for-conversion/) (May 2025) [Feil Organization Buys Chelsea Office Building for $72M](https://therealdeal.com/2019/12/06/feil-organization-buys-chelsea-office-building-for-72m/) (December 2019) [Kaufman Inking Ground Lease for NoMad Office Building](https://therealdeal.com/2017/08/30/sister-act-kaufman-inking-ground-lease-for-nomad-office-building/) (August 2017) [Kaufman Org Closes on $35M Ground Lease Deal](https://therealdeal.com/2021/03/25/kaufman-org-closes-on-35m-ground-lease-deal/) (March 2021) Commercial Observer [Quantum Pacific, BGO, Newmark & Metro Loft](https://commercialobserver.com/2025/02/quantum-pacific-bgo-newmark-metro-loft/) (February 2025) [Acadia Closes $50M Purchase of Soho Retail Co-ops](https://commercialobserver.com/2014/08/acadia-closes-50m-purchase-of-soho-retail-co-ops/) (August 2014) NYREJ (New York Real Estate Journal) [Executive of the Month: Robert Khodadadian](https://nyrej.com/executive-of-the-month-robert-khodadadian-of-skyline-properties-an-entrepreneur-evolving-with-changing-markets-providing-optimal-results) (July 2014) [Company of the Month: Skyline Properties](https://nyrej.com/company-of-the-month-skyline-properties-brokering-outside-the-box-off-market-deals-ground-leases-and-customized-canvassing) (September 2020) Awards & Professional Recognition RED Awards: Off-Market Investment Sales Broker of the Year **2025 Winner** — recognition as the region's foremost expert in confidential property transactions. NYREJ Executive of the Month **July 2014** — [In-depth profile](https://nyrej.com/executive-of-the-month-robert-khodadadian-of-skyline-properties-an-entrepreneur-evolving-with-changing-markets-providing-optimal-results) covering career trajectory, business philosophy, and market insights. NYREJ 40 Under 40 Rising Stars Recognition highlighting rapid ascent in New York commercial real estate. NYREJ Company of the Month **September 2020** — Feature on Skyline Properties' innovative approach to [off-market deals](https://www.sky-nyc.com/off-market-broker-nyc), [ground leases](https://www.sky-nyc.com/ground-leases), and canvassing technology. Frequently Asked Questions **Who is Robert Khodadadian?** Robert Khodadadian is a commercial real estate broker and founder of [Skyline Properties](https://www.sky-nyc.com/), a Manhattan-based brokerage specializing in [off-market investment sales](https://www.sky-nyc.com/off-market-broker-nyc), [ground leases](https://www.sky-nyc.com/ground-leases), and [office conversions](https://www.sky-nyc.com/office-conversion-specialist). He has completed over $976 million in transactions across 32+ deals and earned RED Awards Off-Market Investment Sales Broker of the Year in 2025. **How do I contact Robert Khodadadian?** **Office:** 220 East 42nd Street, Suite 3102, New York, NY 10017 (Daily News Building, 31st Floor)**Phone:** [(212) 537-9239](tel:+12125379239)**Email:** [rk@skylineprp.com](mailto:rk@skylineprp.com)**Website:** [www.sky-nyc.com](http://www.sky-nyc.com/) **What is Skyline Properties?** [Skyline Properties](https://www.sky-nyc.com/) is a boutique commercial real estate brokerage founded by Robert Khodadadian in 2006. With $976M+ in transaction volume and 32+ closed deals, the firm specializes in [off-market transactions](https://www.sky-nyc.com/off-market-broker-nyc), [ground leases](https://www.sky-nyc.com/ground-leases), [office-to-residential conversions](https://www.sky-nyc.com/office-conversion-specialist), and [development site acquisitions](https://www.sky-nyc.com/development-site-acquisitions) across New York City. **What are Robert Khodadadian's biggest transactions?** His largest deals include: $135M sale of [6 East 43rd Street](https://traded.co/deals/new-york/office/sale/6-east-43rd-street-1/) to Vanbarton Group; $105M sale of [101 Greenwich Street](https://traded.co/deals/new-york/office/sale/101-greenwich-street/) to Quantum Pacific/Metro Loft; $72M sale of [530 West 25th Street](https://traded.co/deals/new-york/office/sale/516-530-west-25th-street-3/) to Feil Organization; $65M ground lease at [236 Fifth Avenue](https://traded.co/deals/new-york/office/loan/236-fifth-avenue/)to Kaufman Organization; $50M sale of [131-133 Prince Street](https://traded.co/deals/new-york/retail/sale/131-133-prince-st-1/) to Acadia Realty Trust. **What is an off-market real estate transaction?** An [off-market transaction](https://www.sky-nyc.com/off-market-broker-nyc) is a property sale that occurs without public marketing. Property owners choose this approach for privacy, speed, and control. Learn more: [What is Off-Market Real Estate?](https://www.sky-nyc.com/guides/what-is-off-market-real-estate) **What is a ground lease?** A [ground lease](https://www.sky-nyc.com/ground-leases) is a long-term lease (typically 99 years) where a tenant leases land and owns any improvements. Learn more: [Ground Leases Explained](https://www.sky-nyc.com/guides/ground-lease-explained) Conclusion Robert Khodadadian has established himself as one of New York City's most accomplished [commercial real estate brokers](https://www.sky-nyc.com/manhattan-office-broker), with $976M+ in transactions and 32+ closed deals. Through [Skyline Properties](https://www.sky-nyc.com/), he has pioneered a specialized approach to [off-market investment sales](https://www.sky-nyc.com/off-market-broker-nyc), [ground leases](https://www.sky-nyc.com/ground-leases), and [office conversions](https://www.sky-nyc.com/office-conversion-specialist). His recognition as RED Awards Off-Market Investment Sales Broker of the Year for 2025 underscores his standing as a leader in his field. Ready to Discuss Your Property? **Robert Khodadadian**Founder & CEO, Skyline Properties📍 220 East 42nd Street, Suite 3102New York, NY 10017📞 [(212) 537-9239](tel:+12125379239)✉️ [rk@skylineprp.com](mailto:rk@skylineprp.com)🌐 [www.sky-nyc.com](http://www.sky-nyc.com/) *Published by* [*Skyline Properties*](https://www.sky-nyc.com/) *| Last Updated: 2025* **Related Resources:** [Robert Khodadadian Profile](https://www.sky-nyc.com/robert-khodadadian) [Skyline Properties Closed Deals](https://www.sky-nyc.com/closed-deals) [Press Coverage Archive](https://www.sky-nyc.com/press) [Free Property Valuation](https://www.sky-nyc.com/property-valuation) Contact Robert Khodadadian **Skyline Properties**220 East 42nd Street, Suite 3102New York, NY 10017(Daily News Building, 31st Floor) **Phone:** [(212) 537-9239](tel:+12125379239)**Email:** [rk@skylineprp.com](mailto:rk@skylineprp.com)**Website:** [www.sky-nyc.com](http://www.sky-nyc.com/) **LinkedIn:** [linkedin.com/in/robertkhodadadian](http://linkedin.com/in/robertkhodadadianInstagram)[**Instagram**](http://linkedin.com/in/robertkhodadadianInstagram)**:** [@Robert\_Khodadadian](https://www.instagram.com/Robert_Khodadadian/)**Twitter/X:** [@RKhodadadian](https://twitter.com/RKhodadadian) FOLLOW US! 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Understanding the Role of Skyline Commercial Properties

In the dynamic world of commercial real estate, understanding the role of key players is essential for making informed investment decisions. Among these players, **skyline commercial properties** stand out as pivotal assets that shape urban landscapes and influence market trends. This article explores the multifaceted role of these properties, providing insights into their significance, management, and impact on investment strategies. The Significance of Skyline Commercial Properties in Urban Development Skyline commercial properties are more than just buildings; they are landmarks that define the character and economic vitality of a city. These properties often include high-rise office towers, mixed-use developments, and strategically located commercial spaces that attract businesses and consumers alike. One of the primary reasons these properties are significant is their ability to concentrate economic activity. For example, a well-positioned office tower in Manhattan can house multiple corporations, creating a hub of commerce and innovation. This concentration not only drives local economies but also enhances the value of surrounding real estate. Moreover, skyline commercial properties contribute to the aesthetic and functional aspects of urban planning. Their design and placement can influence traffic flow, public transportation accessibility, and pedestrian engagement. Cities like New York have leveraged these properties to create vibrant districts that support both business and community life.

Robert Khodadadian: NYC's Premier Off-Market Commercial Real Estate Broker & Founder of Skyline Properties

With over $976 million in transaction volume and 32+ closed deals, Robert Khodadadian has established himself as one of New York City's most accomplished commercial real estate brokers. As founder and CEO of Skyline Properties, he specializes in off-market investment sales, ground leases, and office-to-residential conversions, delivering exceptional results for investors, developers, and property owners across Manhattan and the outer boroughs. By the Numbers: $976M+ in total transaction volume 32+ closed deals $135M largest single transaction 5 landmark deals over $50M ($427M+ total) 4 ground lease transactions ($137M+ volume) RED Awards Off-Market Investment Sales Broker of the Year 2025 NYREJ Executive of the Month (July 2014) NYREJ 40 Under 40 Rising Stars Featured in The Real Deal, Commercial Observer, and NYREJ Robert Khodadadian Table of Contents Full Career History & Professional Background Major Transactions & Deal Track Record Ground Lease Expertise Skyline Properties: Company Overview Services & Specializations Press Coverage & Media Recognition Awards & Professional Recognition Frequently Asked Questions Full Career History & Professional Background Robert Khodadadian's journey in commercial real estate began while studying finance at Pace University's Lubin School of Business, where he started buying and flipping properties. His entrepreneurial spirit and early start in real estate investment laid the groundwork for what would become a remarkable career spanning over two decades. Education and Early Career (2004-2006) Khodadadian's professional career took shape under the mentorship of industry legend Bob Knakal at Massey Knakal Realty Services, one of Manhattan's most prestigious investment sales firms. This foundational training in investment property salesprovided invaluable experience in deal structuring, client relationships, and market analysis. Founding Skyline Properties (2006) In 2006, Khodadadian became licensed in New York and founded Skyline Properties. Recognizing a gap in the market for a boutique firm focused exclusively on off-market transactions, he built the company around a simple premise: property owners often achieve better outcomes through confidential, targeted marketing rather than broad public listings. Relaunch & Market Focus (2013) In 2013, Khodadadian relaunched Skyline Properties with a sharpened focus on off-market investment sales and discretionary transactions. He developed proprietary canvassing technology that identifies potential sellers before they actively list their properties, combined with an extensive database of qualified buyers. Industry Recognition (2014-Present) Khodadadian earned significant industry recognition including NYREJ Executive of the Month (July 2014), NYREJ 40 Under 40 Rising Stars, and consecutive RED Awards Off-Market Investment Sales Broker of the Year honors in 2025. Major Transactions & Deal Track Record Robert Khodadadian's transaction history includes landmark deals across Manhattan, Brooklyn, Queens, and the Bronx. Below is a comprehensive overview of his most significant transactions, with direct links to deal data and press coverage. Landmark Deals $50M+ (5 Transactions Totaling $427M+) $135M: 6 East 43rd Street — Midtown Manhattan (2025) Property Type: Office-to-Residential Conversion | Size: 400,000 SF | Price/SF: $338 Buyer: The Vanbarton GroupSeller: Emigrant Savings Bank (Milstein Properties) One of the largest office conversion deals of 2025. The building will be converted to residential use under the 467-m tax abatement program. Deal Data: Traded.co | Press: The Real Deal $105M: 101 Greenwich Street — Financial District (2025) Property Type: Office Building | Size: 400,294 SF | Price/SF: $262 Buyer: Quantum Pacific (Idan Ofer) & Metro Loft (Nathan Berman)Seller: BentallGreenOak (BGO) Major Financial District office acquisition for residential conversion in Lower Manhattan. Deal Data: Traded.co | Crexi | Press: Commercial Observer $72M: 530 West 25th Street — Chelsea (2019) Property Type: Office Building | Size: 75,000 SF | Price/SF: $960 Buyer: The Feil Organization & Peter Armstrong Premier Chelsea office building in the heart of the art gallery district. Deal Data: Traded.co | Crexi | Press: The Real Deal $65M: 236 Fifth Avenue — NoMad (2017) Property Type: 99-Year Ground Lease | Size: 95,000 SF | Price/SF: $684 Buyer: The Kaufman OrganizationSeller: LCT Associates Landmark ground lease transaction demonstrating ground lease expertise. Deal Data: Traded.co | Crexi | Press: The Real Deal $50M: 131-133 Prince Street — SoHo (2014) Property Type: SoHo Retail Co-op | Size: 2,000 SF | Price/SF: $25,000 Buyer: Acadia Realty TrustSeller: Louis Meisel Prestigious retail co-op in one of Manhattan's most coveted shopping corridors. Deal Data: Traded.co | Crexi | Press: Commercial Observer Additional Notable Transactions Property Type Amount Buyer Data 711 Madison Avenue, Upper East Side Mixed Use $47M Ralph Sitt Traded 34-44 77th Street, Kew Gardens, Queens Multifamily $46.5M Benedict Realty Group Traded 40-40 79th Street, Kew Gardens, Queens Multifamily $46.5M Benedict Realty Group Traded 56-11 94th Street, Kew Gardens, Queens Multifamily $46.5M Benedict Realty Group Traded 72 Greene Street, SoHo Mixed Use $42M L3 Capital Traded 135 West 29th Street, Chelsea 99-Year Ground Lease $35M Kaufman Organization Traded 61-01 Springfield Boulevard, Queens Retail $32M Lee Family Traded 133 Greenwich Street, FiDi Development Site $28M Hidrock Traded 79 Clifton Place, Clinton Hill, Brooklyn Multifamily $22.9M FREO U.S. Management Traded 4-14 West 125th Street, Harlem 99-Year Ground Lease $20M The Renatus Group Traded 165 Eldridge Street, Lower East Side Mixed Use $19.25M FREO U.S. Management Traded 210 Bowery, NoHo/Bowery Mixed Use $7.5M Acadia Realty Trust Traded 1340 Lafayette Avenue, Bronx Development Site $10.85M Wildflower Ltd. Traded Ground Lease Expertise Skyline Properties has structured 4 ground lease transactions totaling $137M+ in volume, making it one of New York's most active brokers of ground leases. Ground Lease Transactions $65M — 236 Fifth Avenue (Kaufman Organization) $35M — 135 West 29th Street (Kaufman Organization) $20M — 4-14 West 125th Street, Harlem (The Renatus Group) $17M — 2012 Broadway, Upper West Side Understanding Ground Leases: A Complete Guide → Skyline Properties: Company Overview Skyline Properties is a boutique commercial real estate brokerage headquartered at 220 East 42nd Street, Suite 3102 in Midtown Manhattan (Daily News Building, 31st Floor). Founded in 2006 by Robert Khodadadian, the firm specializes in off-market investment sales, ground leases, and office-to-residential conversions. Company Statistics $976M+ Total Transaction Volume 32+ Closed Deals 250+ Press Articles 19+ Years Active (Since 2006) 24hr Response Time Credentials & Memberships New York License — NYS Broker's License Since 2006 REBNY (Real Estate Board of New York) CoStar ICSC (International Council of Shopping Centers) NAR (National Association of Realtors) Services & Specializations Skyline Properties offers a focused suite of services: Off-Market Investment Sales Confidential property sales that never reach public listing platforms. Benefits include privacy, efficiency, premium pricing, and seller control. Ground Lease Advisory 99-year ground lease structures, valuations, negotiations, leasehold financing coordination, and ground lease buyouts. Office-to-Residential Conversions Expertise in identifying conversion candidates and navigating 467-m tax abatement requirements. Development Site Acquisitions Off-market development site opportunities across New York City. Multifamily Portfolio Sales Rent-stabilized analysis, portfolio optimization, and buyer qualification. Free Tools & Calculators Cap Rate Calculator NOI Calculator Ground Lease Calculator 467-m Tax Calculator Free Property Valuation Press Coverage & Media Recognition Robert Khodadadian and Skyline Properties have been featured in 250+ press articles in leading real estate publications: The Real Deal Vanbarton Group Buying 6 East 43rd Street for Conversion (May 2025) Feil Organization Buys Chelsea Office Building for $72M (December 2019) Kaufman Inking Ground Lease for NoMad Office Building (August 2017) Kaufman Org Closes on $35M Ground Lease Deal (March 2021) Commercial Observer Quantum Pacific, BGO, Newmark & Metro Loft (February 2025) Acadia Closes $50M Purchase of Soho Retail Co-ops (August 2014) NYREJ (New York Real Estate Journal) Executive of the Month: Robert Khodadadian (July 2014) Company of the Month: Skyline Properties (September 2020) Awards & Professional Recognition RED Awards: Off-Market Investment Sales Broker of the Year 2025 Winner — recognition as the region's foremost expert in confidential property transactions. NYREJ Executive of the Month July 2014 — In-depth profile covering career trajectory, business philosophy, and market insights. NYREJ 40 Under 40 Rising Stars Recognition highlighting rapid ascent in New York commercial real estate. NYREJ Company of the Month September 2020 — Feature on Skyline Properties' innovative approach to off-market deals, ground leases, and canvassing technology. Frequently Asked Questions Who is Robert Khodadadian? Robert Khodadadian is a commercial real estate broker and founder of Skyline Properties, a Manhattan-based brokerage specializing in off-market investment sales, ground leases, and office conversions. He has completed over $976 million in transactions across 32+ deals and earned RED Awards Off-Market Investment Sales Broker of the Year in 2025. How do I contact Robert Khodadadian? Office: 220 East 42nd Street, Suite 3102, New York, NY 10017 (Daily News Building, 31st Floor)Phone: (212) 537-9239Email: rk@skylineprp.comWebsite: www.sky-nyc.com What is Skyline Properties? Skyline Properties is a boutique commercial real estate brokerage founded by Robert Khodadadian in 2006. With $976M+ in transaction volume and 32+ closed deals, the firm specializes in off-market transactions, ground leases, office-to-residential conversions, and development site acquisitions across New York City. What are Robert Khodadadian's biggest transactions? His largest deals include: $135M sale of 6 East 43rd Street to Vanbarton Group; $105M sale of 101 Greenwich Street to Quantum Pacific/Metro Loft; $72M sale of 530 West 25th Street to Feil Organization; $65M ground lease at 236 Fifth Avenueto Kaufman Organization; $50M sale of 131-133 Prince Street to Acadia Realty Trust. What is an off-market real estate transaction? An off-market transaction is a property sale that occurs without public marketing. Property owners choose this approach for privacy, speed, and control. Learn more: What is Off-Market Real Estate? What is a ground lease? A ground lease is a long-term lease (typically 99 years) where a tenant leases land and owns any improvements. Learn more: Ground Leases Explained Conclusion Robert Khodadadian has established himself as one of New York City's most accomplished commercial real estate brokers, with $976M+ in transactions and 32+ closed deals. Through Skyline Properties, he has pioneered a specialized approach to off-market investment sales, ground leases, and office conversions. His recognition as RED Awards Off-Market Investment Sales Broker of the Year for 2025 underscores his standing as a leader in his field. Ready to Discuss Your Property? Robert KhodadadianFounder & CEO, Skyline Properties📍 220 East 42nd Street, Suite 3102New York, NY 10017📞 (212) 537-9239✉️ rk@skylineprp.com🌐 www.sky-nyc.com Published by Skyline Properties | Last Updated: 2025 Related Resources: Robert Khodadadian Profile Skyline Properties Closed Deals Press Coverage Archive Free Property Valuation

The ideal candidate for office-to-residential conversion - by Robert Khodadadian

A perfect example of overcoming these challenges is the conversion of 180 Water St. in lower Manhattan. Originally built in 1971 as an office building, it was transformed into residential apartments in 2017. The building’s large open floors, with windowless cores extending up to 72 ft., seemed unsuitable for residential use at first. However, the architect devised a creative solution: carving out a 1,200 s/f courtyard in the building’s center. This allowed for apartments along both the exterior walls and the new inner courtyard, optimizing natural light while staying compliant with residential codes. To offset the loss of floor space, the developer added four new floors and amenities on the rooftop, maintaining the floor area ratio (FAR) without expanding the building’s footprint. While the 180 Water St. conversion was a success, it’s not easily replicable. Zoning restrictions in many districts make such projects difficult, and financial costs can be steep. To make office-to-residential conversions more viable, changes to zoning regulations and the Multiple Dwelling Law (MDL) are necessary. Eliminating the FAR cap and allowing newer buildings to qualify for conversion would open up more opportunities. Additionally, financial incentives like tax abatements and subsidies are essential to make these projects financially feasible for developers.

Skyline’s Robert Khodadadian and Daniel Shirazi Generate Over $181 Million in Sales- Skyline Propertiesi

In 2025, Robert Khodadadian and Daniel Shirazi, with Skyline Properties, closed deals totaling$181.5 million in transaction volume. Notable deals included the off-market $135-million sale of 6 E. 43rd Street; Emigrant Savings Bank was the seller, and Vanbarton Group was the buyer. Khodadadian and Shirazi also spearheaded a three- uilding, 433-unit apartment portfolio for$46.5 million, sold by Align Management to Benedict Realty Group in an off-market deal. These are some of the reasons we selected Robert Khodadadian and Daniel Shirazi as Connect CRE’s New York & Tri-State Top Broker Award winners for 2026. These awards recognize industry professionals who have demonstrated the highest standards and transaction volumes in investment sales and leasing. Additonal Winners: Berkadia NJ - CBRE - Avison Young - BASE Realty - Levin Management Marcus **＆** Millichap - RIPCO - Cushman **＆** Wakefield - Ariel Property Advisors

Skyline’s Robert Khodadadian and Daniel Shirazi Generate Over $181 Million in Sales

Skyline’s Robert Khodadadian and Daniel Shirazi Generate Over $181 Million in Sales Company: Skyline Properties In 2025, Robert Khodadadian and Daniel Shirazi, with Skyline Properties, closed deals totaling $181.5 million in transaction volume. Notable deals included the off-market $135-million sale of 6 E. 43rd Street; Emigrant Savings Bank was the seller, and Vanbarton Group was the buyer. Khodadadian and Shirazi also spearheaded a three-building, 433-unit apartment portfolio for $46.5 million, sold by Align Management to Benedict Realty Group in an off-market deal. These are some of the reasons we selected Robert Khodadadian and Daniel Shirazi as Connect CRE’s New York & Tri-State Top Broker Award winners for 2026. These awards recognize industry professionals who have demonstrated the highest standards and transaction volumes in investment sales and leasing.

The exclusive listing myth: Why Manhattan’s biggest deals don’t need gatekeepers - by Robert Khodadadian

The Cupid Problem - Think about what this actually means. One investor looks at a building and sees a nightmare: deferred maintenance, difficult tenants, a location that doesn’t fit their portfolio, or a capital structure that doesn’t pencil. They will lowball or walk away entirely. Another investor looks at the exact same building and sees gold. They see the bones of a residential conversion, the corner lot that makes an assemblage possible, or the ground lease that fits perfectly into their tax strategy. They see the neighborhood five years from now instead of today. The building didn’t change; the buyer’s vision did.

Skyline Properties NYC: A Distinct Leader in New York OFF-MARKET Commercial Real Estate- Skyline Properties

Leadership Rooted in Expertise and Vision At the helm of Skyline Properties NYC is Robert Khodadadian, Founder and CEO, whose 20+ years of experience in commercial real estate is the backbone of the company’s success. Robert is widely recognized for his expertise in off-market transactions, ground leases, and complex property deals that require discretion and deep market connections. His track record of brokering high-value commercial deals in Manhattan and throughout the boroughs reflects his intimate understanding of New York’s unique real estate ecosystem. Learn more about Robert Khodadadian. Complementing Robert’s leadership is Daniel Shirazi, Vice President, who brings a sharp analytical approach and an extensive network across New York’s commercial property sectors. Daniel’s strategic insights and commitment to personalized client service further enhance Skyline Properties NYC’s reputation for excellence. Discover Daniel Shirazi’s role and expertise. Proven Track Record of High-Profile Transactions Skyline Properties NYC’s focus on off-market transactions and tailored canvassing techniques has led to a series of significant deals across Manhattan and the surrounding boroughs. Below are some of the firm’s recent high-profile transactions exceeding $40 million, demonstrating a command of both Manhattan core assets and emerging outer-borough submarkets: 101 Greenwich Street — $105,000,000 / 400,000 SF Office Represented Quantum Pacific in its acquisition from BGO. 6 East 43rd Street — $140,000,000 / 400,000 SF Office Facilitated the sale from Emigrant Savings Bank to The Vanbarton Group. 530 West 25th Street — $72,000,000 / 75,000 SF Office Closed with Feil Organization in Chelsea. 236 Fifth Avenue — $65,000,000 / 95,000 SF Ground Lease Represented the seller in a 99-year ground lease to The Kaufman Organization. 131-133 Prince Street — $50,000,000 / 2,000 SF Retail Co-op Negotiated between Acadia Realty Trust and Lou Meisel in SoHo. 711 Madison Avenue — $47,000,000 / 10,000 SF Mixed-Use Brokered deal between Ziggy Rutan and Ralph Sitt. 72 Greene Street — $42,000,000 / 48,000 SF Mixed-Use Sold to L3 Capital from Centrum Properties. Queens Multifamily Portfolio (3 Assets) — $46,500,000 Each Represented Algin in the sale to BRG of: • 34-44 77th Street (104,000 SF) • 40-40 79th Street (176,480 SF) • 56-11 94th Street (108,120 SF) \*Explore more featured transactions Here