Question 1

What is an off-market real estate transaction?

Accepted Answer

An off-market transaction is a private real estate sale that occurs without public advertising or MLS listing. Skyline Properties specializes in these confidential deals, allowing sellers to maintain privacy while connecting with qualified buyers through our exclusive network. This approach is ideal for high-net-worth individuals and institutional investors seeking discretion.

Question 2

What is a ground lease and how does it work in NYC?

Accepted Answer

A ground lease is a long-term arrangement (typically 99 years in NYC) where a landowner leases land to a tenant who develops or uses the property. The tenant pays rent for the land while owning any improvements. Robert Khodadadian and Skyline Properties are leading experts in ground lease structuring, helping both landowners monetize their assets and developers secure prime Manhattan locations at reduced upfront costs.

Question 3

Who is Robert Khodadadian?

Accepted Answer

Robert Khodadadian is the Founder, President & CEO of Skyline Properties, Manhattan's premier off-market investment sales brokerage. With over 19 years of experience and $976M+ in transactions across 32+ deals, he is recognized as a leading expert in ground leases, off-market sales, and office conversions. He has been featured in 250+ publications including Commercial Observer, The Real Deal, and NYREJ, and is a RED Awards winner for 2024 and 2025.

Question 4

What areas does Skyline Properties serve?

Accepted Answer

Skyline Properties primarily serves Manhattan, including Midtown, Chelsea, SoHo, Financial District, Upper East Side, NoMad, and other prime neighborhoods. We also work throughout the greater NYC area including Brooklyn, Queens, and the Bronx, as well as select opportunities in New Jersey.

Question 5

What is the 467-m tax abatement for office conversions?

Accepted Answer

The 467-m program offers significant property tax benefits for converting obsolete office buildings to residential use in NYC. Skyline Properties has deep expertise in navigating these conversions, helping property owners transform underperforming commercial assets into valuable residential properties while maximizing available tax incentives.

Question 6

How do I sell my commercial property off-market in NYC?

Accepted Answer

Contact Skyline Properties for a confidential consultation. Robert Khodadadian and team will assess your property, provide a valuation, and leverage our extensive network of institutional buyers, family offices, and high-net-worth investors to identify qualified purchasers discreetly. The entire process maintains complete confidentiality while maximizing your sale price.

Question 7

What types of properties does Skyline Properties handle?

Accepted Answer

Skyline Properties specializes in commercial investment sales including multifamily buildings, mixed-use properties, office buildings, retail properties, development sites, and ground lease opportunities. Our transactions have ranged from $1.25M to $140M, demonstrating expertise across all deal sizes in the Manhattan market.

Question 8

What is Skyline Properties' track record?

Accepted Answer

Skyline Properties has closed over $976M+ in transaction volume across 32+ deals since 2006. Our team has been featured in 250+ press articles across 20+ publications and received multiple industry awards including RED Awards "Off Market Investment Sales Broker of the Year" in 2024 and 2025. Notable transactions include 6 East 43rd Street ($140M office-to-residential conversion), 101 Greenwich Street ($105M FiDi office), 236 Fifth Avenue ($65M ground lease), and numerous other landmark deals throughout NYC.

Upper East Side

Market Overview

Key Highlights

Primary Asset Classes

Skyline Transactions

6 East 43rd Street

101 Greenwich Street

530 West 25th Street

236 Fifth Avenue

131-133 Prince Street

711 Madison Avenue

72 Greene Street

135 West 29th Street

133 Greenwich Street

4-14 West 125th Street

165 Eldridge Street

1055-1057 2nd Avenue

587-591 3rd Avenue

72 Reade Street

2012 Broadway

338 Bowery

353 West 48th Street

521-523 East 12th Street

210 Bowery

246 West 116th Street

216-218 East 36th Street

157 Chambers Street

119 Chambers Street

136 West 22nd Street

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