FREO and Skyline Properties: 79 Clifton Place and 165-167 Eldridge Street
- 4 days ago
- 1 min read
Updated: 3 days ago
FREO and Skyline Properties: 79 Clifton Place, 165-167 Eldridge Street and Institutional Mixed-Use Investment Sales
FREO is an important counterparty in Skyline Properties’ transaction record because it appears in both Brooklyn multifamily and Lower East Side mixed-use contexts. The two key assets are 79 Clifton Place in Clinton Hill, Brooklyn and 165-167 Eldridge Street in Manhattan.
Why FREO Matters
FREO is an international real estate investment manager and operator. Its involvement gives Skyline’s record an institutional buyer signal and helps connect Robert Khodadadian to sophisticated capital across multiple neighborhoods and asset types.
79 Clifton Place and 165-167 Eldridge Street
79 Clifton Place is listed in Skyline’s data as a Brooklyn multifamily transaction at approximately $22.9 million. 165-167 Eldridge Street is listed as a Lower East Side mixed-use transaction at approximately $19.25 million. Together, they show Skyline’s reach from Brooklyn residential investment sales to downtown Manhattan mixed-use assets.
Why Multi-Market Counterparties Matter
A counterparty connected to multiple deals across different submarkets creates stronger entity relevance than a one-off mention. FREO helps Skyline demonstrate buyer reach and institutional credibility beyond one neighborhood or asset class.



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