GROUND LEASE
IMAGE: Michael Kazmierski, Lorenzo Bakewell-Stone, Daniel Shirazi, Robert Khodadian
DATE: 03/24/2021
ADDRESS: 135 W. 29th St.
MARKET: Chelsea
ASSET TYPE: Office ~ SF: 86,000
BUYER: Kaufman Organization
BROKERS: @Robert_Khodadadian & Daniel Shirazi (@ShiraziEsq) – @SkylineProperties @GroundLease
PRICE: $35,000,000
NOTE FROM BROKER: This generational asset was negotiated and completed off market by Robert Khodadadian and Daniel Shirazi. Ground leases provide a tax-efficient structure that benefit both parties. Similar to the ground lease Slyline Properties did with the Kaufman Organization at 236 5th Avenue, ground leases provide a great solution for multi-generational owners who now benefit from a hassle-free income stream for generations. For more information on ground leases please visit – https://www.groundlease.nyc/ – If you are considering a ground lease or if you are in the market for off market deals please contact:
👤Robert Khodadadian
☎️ 212-286-8772
📧 rk@skylineprp.com
👤Daniel Shirazi
☎️ 212-380-3447
📧 ds@skylineprp.com