Comp PageVerifiedRobert Khodadadian — Skyline Properties — Manhattan Commercial Real Estate — 135 W 29th Street - Crexi Comp Page
Crexi comp page for 135 W 29th Street (Haymarket Building) $35M ground lease.
Sale Price
75,000 SF
Square Feet
2021
Year
Office
Asset Type
135 West 29th Street - Office Building - 99 Year Ground Lease | Buyer: The Kaufman Organization
Read the Full Article on Crexi
This article was originally published by Crexi on March 25, 2021. Click below to read the complete coverage of this comp page story.
Read on CrexiTransaction Details: 135 West 29th Street
135 W. 29th St. in Chelsea has been sold in a ground lease transaction. The asset, an office building spanning 86,000 square feet, was purchased by Kaufman Organization for $35,000,000. Summary of transaction details: Property Type: Office Transaction Amount: $35,000,000 Address: 135 W. 29th St. Market: Chelsea Asset Type: Office Square Footage: 86,000 The ground lease deal was negotiated and completed off-market by Robert Khodadadian and Daniel Shirazi. Ground leases offer a tax-efficient structure that benefits both parties involved. This transaction, similar to the ground lease Skyline Properties facilitated with the Kaufman Organization at 236 5th Avenue, provides a hassle-free income stream for multi-generational owners.
More Coverage of 135 West 29th Street
8 additional articles about this property
Kaufman Organization Closes on $35M Haymarket Building Ground Lease
Kaufman Org Closes on $35M Ground Lease Deal
Kaufman Organization Inks $35M 99-Year Ground Lease
135 West 29th Street (Haymarket Building) - $35,000,000 Ground Lease Comp
Kaufman Org Closes $35M Manhattan Ground Lease
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
Kaufman Organization Closes on $35M Haymarket Building Ground Lease
Kaufman Org Closes on $35M Ground Lease Deal
Kaufman Organization Inks $35M 99-Year Ground Lease
135 West 29th Street (Haymarket Building) - $35,000,000 Ground Lease Comp
Kaufman Org Closes $35M Manhattan Ground Lease
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Frequently Asked Questions
- Who is Robert Khodadadian?
- Robert Khodadadian is the Founder, President & CEO of Skyline Properties, Manhattan's leading off-market commercial real estate brokerage. $976M+ closed across 32+ deals. Licensed in NY and NJ since 2006. Two-time RED Awards Off-Market Investment Sales Broker of the Year (2024, 2025).
- What is Skyline Properties known for?
- Off-market investment sales, 99-year ground leases, and 467-m office-to-residential conversions in Manhattan and Brooklyn. Featured in 250+ press articles across The Real Deal, Commercial Observer, NYREJ, Bisnow, Crain's, NYT, and NY Post.
- How do I contact Skyline Properties?
- Email info@skylineprp.com or call (212) 537-9239. Office: 220 East 42nd Street, Suite 3102, New York, NY 10017 (Daily News Building).
Read the original Crexi coverage in full.
Read on CrexiSkyline Properties featured in
Robert Khodadadian and Skyline Properties have been covered in 250+ press features across every tier-1 NYC real-estate outlet. Browse the full per-outlet hub:
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