Company of the Month: Khodadadian reintroduces Skyline Properties: Focuses on the sale of off-market properties in the N.Y.C. metro area I Robert Khodadadian

Company of the Month: Khodadadian reintroduces Skyline Properties: Focuses on the sale of off-market properties in the N.Y.C. metro area

New York, NY Investment sales broker Robert Khodadadian has reinvigorated Skyline Properties and his aim is to zero in on the off-market sector where discretion is the watchword for some of the city’s most active real estate players.

Tenant inks 99-year ground lease for Bargain World spot

The Real Deal announces a 99-year ground lease brokered by Skyline Properties’ Robert Khodadadian. An out-of-town retail operator inked the deal for the Rosen family’s Bargain World post in W125th St. and plans to convert the building’s ground floor into one large retail space.

Tenant inks 99-year ground lease for Bargain World spot
Harlem Ground Lease Bargain WorldAn out-of-town retail operator has inked a 99-year triple-net ground lease for the Rosen family’s Bargain World spot on Harlem’s West 125th Street.
Skyline Properties’ Robert Khodadadian was the broker on the 4-14 West 125th Street deal and told the New York Observer that the roughly 30,000-square-foot building will be delivered vacant. The taking rent for the entire property is $25 per square foot, or $60 per square foot calculating the most valuable 8,935-square-foot chunk of ground-floor retail space, according to the New York Observer.
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Former Bargain World Building in Harlem Picked Up in 99-Year Ground Lease I Robert Khodadadian

Former Bargain World Building in Harlem Picked Up in 99-Year Ground Lease

A discount department store that was considered an institution on West 125th Street is getting a new life as a retail establishment. The Rosen family, who owned Bargain Worldand the building that housed it, has leased out the entire property to an out-of-town retail operator, Commercial Observer has learned….