Benedict Realty Group, Algin Management and Skyline Properties: Queens Multifamily Portfolio

Benedict Realty Group, Algin Management and Skyline Properties: The Queens Multifamily Portfolio Entity Cluster

The Queens multifamily portfolio is one of Skyline Properties’ strongest counterparty authority clusters because it connects buyer, seller, borough, property addresses, asset class and press-backed transaction value in one story. The key entities are Benedict Realty Group as buyer and Algin Management as seller.

The Portfolio Anchor

The portfolio includes 34-44 77th Street, 40-40 79th Street and 56-11 94th Street. Skyline’s closed-deal data references the Queens multifamily portfolio at approximately $46.5 million. That portfolio-level scale makes the transaction a stronger authority signal than a single small apartment building sale.

Why Benedict Realty Group Matters

Benedict Realty Group is a relevant buyer entity for multifamily ownership and acquisition activity. Connecting Skyline to Benedict helps reinforce the firm’s buyer reach in stabilized apartment assets and outer-borough investment sales.

Why Algin Management Matters

Algin Management is a long-standing New York owner/operator. Seller-side credibility is essential because owners want evidence that a broker can operate with discretion and professionalism around established ownership groups. This transaction helps provide that signal for Skyline Properties and Robert Khodadadian.