I-sales roundup: RJ Block buys Harlem mixed-use portfolio – Robert Khodadadian

After a quiet first week of August, investment sales of mid-market commercial properties in New York City picked up last week, highlighted by an 11-building portfolio in Harlem trading hands. Other sales involved the site of an abandoned hotel project in Downtown Brooklyn and a Queens industrial property that sold for six times more than its 2005 price. Nine transactions involving commercial properties valued between $10 million and $40 million hit city records last week.

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Commercial Real Estate, Home Page, Brooklyn, Investment Sales, Manhattan, Multifamily Market, Queens The Real Deal New York Read More

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