The Power of Off-Market Deals in Manhattan Commercial Real Estate
- Industry News
- Aug 26
- 2 min read
By Robert Khodadadian, Skyline Properties
In Manhattan’s competitive commercial real estate market, off-market transactions have become one of the most effective ways for both buyers and sellers to achieve their goals. At Skyline Properties, we’ve built our reputation on discretion, results, and an unmatched ability to source opportunities before they ever hit the open market.
Our track record speaks for itself. Recent off-market closings include:
101 Greenwich Street – $105,000,000 / 400,000 SF OfficeRepresented Quantum Pacific in its acquisition from BGO.
6 East 43rd Street – $140,000,000 / 400,000 SF OfficeFacilitated the sale from Emigrant Savings Bank to The Vanbarton Group.
530 West 25th Street – $72,000,000 / 75,000 SF OfficeClosed with Feil Organization in Chelsea.
236 Fifth Avenue – $65,000,000 / 95,000 SF Ground LeaseRepresented the seller in a 99-year ground lease to The Kaufman Organization.
These are just a few examples of how off-market transactions can create exceptional value.
Why Off-Market Transactions Matter
1. Smaller Pool of Qualified Buyers
Off-market deals allow us to target vetted, serious investors, eliminating wasted time and minimizing bidding wars. This controlled process ensures cleaner, stronger offers.
2. Access to Exclusive Opportunities
Many owners prefer discretion when selling. At Skyline, our direct relationships provide investors with access to unique assets, such as the 236 Fifth Avenue ground lease, that never appear on public listing services.
3. More Time for Due Diligence
Off-market sales give buyers breathing room to properly underwrite, inspect, and structure financing. This approach was key to the successful execution of the 101 Greenwich Street transaction.
4. Privacy and Anonymity
Manhattan owners value discretion. Public listings can unsettle tenants or raise concerns among employees. Transactions like 530 West 25th Street in Chelsea highlight how our private process protects owners while maximizing value.
5. Fewer Deal-Killing Obstacles
Off-market sellers typically have clear expectations and realistic timelines, making negotiations more straightforward. The $140 million sale of 6 East 43rd Street illustrates the efficiency of this approach.
Off-Market in Today’s Market
The Manhattan market is evolving. Rising interest rates and shifting tenant demand have made both buyers and sellers more selective. Off-market deals offer control, discretion, and speed—qualities more important now than ever.
At Skyline Properties, we combine data-driven market analytics with decades of relationship-building to identify when owners are ready to transact. Our focus on timing, geography, and deal structure—whether it’s Midtown office repositionings, Chelsea creative space, or Flatiron ground leases—positions our clients for success.
Why Work with Skyline Properties
Off-market transactions are about more than discretion—they’re about results. Skyline Properties is Manhattan’s leader in off-market sales, with billions closed across multifamily, office, mixed-use, and ground lease assets. If you’re considering selling your property quietly, or you’re an investor looking for exclusive Manhattan opportunities, let’s connect. Our expertise, network, and proven results set us apart.
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