What is an off-market real estate transaction?

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.

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

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.

Who is Robert Khodadadian?

Robert Khodadadian is the Founder, President & CEO of Skyline Properties, Manhattan's premier off-market investment sales brokerage. With over 20 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.

What areas does Skyline Properties serve?

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.

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

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.

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

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.

What types of properties does Skyline Properties handle?

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 $135M, demonstrating expertise across all deal sizes in the Manhattan market.

What is Skyline Properties' track record?

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 ($135M office-to-residential conversion), 101 Greenwich Street ($105M FiDi office), 236 Fifth Avenue ($65M ground lease), and numerous other landmark deals throughout NYC.

Team/Daniel Shirazi, Esq.

Robert Khodadadian — Skyline Properties — Manhattan Commercial Real Estate — Daniel Shirazi, Esq.

Executive Vice President — Investment Sales

$500M+ career volume

Attorney at Law (Esq.) · New York Real Estate Broker License · Editorial standards

Profile reviewed by Robert Khodadadian, Founder, President & CEO · Last reviewed: 2026-05-26

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Profile

Daniel Shirazi, Esq. is a licensed attorney and real estate executive combining legal training with transactional execution. Prior to joining Skyline Properties, he served as Managing Member of Shirazi Law PLLC, a full-service transactional real estate law firm in NYC where he represented investors in over $100 million worth of real estate transactions. During his first year at Skyline Properties, he closed a $65M ground lease at 236 Fifth Avenue. He has been featured in The Real Deal and NYREJ where his articles on ground lease strategy were published.

"Ground leases provide a great solution for multigenerational owners seeking hassle-free income streams for generations."

Core Expertise

Ground lease negotiations and structuringLegal aspects of commercial real estate transactionsComplex deal structuringOffice building ground leases in Tri-State area

Legal Expertise

•Ground lease term and rent-reset analysis
•Document review and negotiation strategy
•Transaction structuring and risk allocation
•Due diligence coordination

Publications

Ground Leases 101: Creativity is Required (The Real Deal)
Ground Leases: Picking the Ground Tenant (NYREJ)
Are Ground Lease Rent Resets Deal Killers?

Notable Deals

236 Fifth Avenue

Ground Lease$65,000,000Lead Advisor

135 West 29th Street (Haymarket Building)

Ground Lease$34,500,000Lead Advisor

Robert Khodadadian — Skyline Properties — Manhattan Commercial Real Estate — Daniel Shirazi, Esq.

Profile

Core Expertise

Legal Expertise

Publications

Notable Deals

Press authored by Daniel Shirazi, Esq.

Robert Khodadadian — Skyline Properties — Manhattan Commercial Real Estate — Daniel Shirazi, Esq.

Profile

Core Expertise

Legal Expertise

Publications

Notable Deals

Press authored by Daniel Shirazi, Esq.