2,341

Buildings Sold

$22B

Total Building Sales

82M

Total Square Feet Sold

40+ YR

CRE Experience

Featured In:

A Bob Knakal Company

We are a new venture that provides capital markets transaction and consulting services to property owners. It is a company founded by Bob Knakal, one of the most recognized and accomplished investment sales brokers in the United States. As has been Bob's operating practice since 1984, in the investment sales arena, the company will only represent sellers, will only work exclusively, and will only sell properties in New York City. Consulting services will be provided to all market participants.

Our dedication has been, and will always be, to put the client’s best interests first! If you would like to take advantage of the unparalleled experience we offer, please call, text or email us as we would love to work with you.

BKREA Advantage

Exclusively Representing Sellers, Only

We are dedicated to maximizing the sale price, and terms, for sellers by only representing them in every transaction we do. This eliminates conflicts of interest and allows us to maximize the exposure to the largest audience of potential buyers.

Creating seller leverage

We have seen, through 2330 transactions, every tactic buyers have used to gain an advantage. We have effectively countered each and every one of them and created leverage and advantages for our sellers.

Exclusively New York City

Many NYC brokers have gone on to do transactions in other states given the challenges in New York. We have not,  we are all New York – all the time for the past 40 years! Every minute of every day we are working in New York City.

Most Insightful / Largest Buyers LIst

We expose properties to the largest buyers list with qualitative notes on each prospect. We maximize exposure while being agnostic as to whom the buyer is, with the primary goal of securing the best price and terms for our client, the seller.

Proven Track Record

This approach has been used successfully for decades and has produced outsized results. In 2006 and 2007 appraisal for Miller Cicero deduced that this approach outperformed competitors by an average of 31.5% in higher prices. We use the same approach, strategy, and tactics today, adapted to current market conditions!

Client Focused

Everything we do is designed around providing the best possible results for each client. We have a list of hundreds of satisfied clients who attest to our ability to ensure sellers receive the highest possible price, and the best terms, for their properties when they leave the closing table.

AI-Enabled

We are an AI enabled, commercial real estate investment sales brokerage firm, dedicated to provide clients with the widest range of options, leveraging unparalleled market insights and advanced analytics to confidently make the most informed decisions.

Exclusively Representing Sellers, Only

We are dedicated to maximizing the sale price, and terms, for sellers by only representing them in every transaction we do. This eliminates conflicts of interest and allows us to maximize the exposure to the largest audience of potential buyers.

Creating seller leverage

We have seen, through 2330 transactions, every tactic buyers have used to gain an advantage. We have effectively countered each and every one of them and created leverage and advantages for our sellers.

Exclusively New York City

Many NYC brokers have gone on to do transactions in other states given the challenges in New York. We have not,  we are all New York – all the time for the past 40 years! Every minute of every day we are working in New York City.

Most Insightful / Largest Buyers LIst

We expose properties to the largest buyers list with qualitative notes on each prospect. We maximize exposure while being agnostic as to whom the buyer is, with the primary goal of securing the best price and terms for our client, the seller.

Proven Track Record

This approach has been used successfully for decades and has produced outsized results. In 2006 and 2007 appraisal for Miller Cicero deduced that this approach outperformed competitors by an average of 31.5% in higher prices. We use the same approach, strategy, and tactics today, adapted to current market conditions!

Client Focused

Everything we do is designed around providing the best possible results for each client. We have a list of hundreds of satisfied clients who attest to our ability to ensure sellers receive the highest possible price, and the best terms, for their properties when they leave the closing table.

AI-Enabled

We are an AI enabled, commercial real estate investment sales brokerage firm, dedicated to provide clients with the widest range of options, and advanced analytics to confidently make the most informed decisions. AI will allow BKREA to interpret cutting edge market data in ways that have never been available before to provide our clients with unparalleled market insights.

Flexible Listing Agreements

Yes, we only work on exclusive listings but the language in our agreement can be easily modified. Additionally, we provide every client with a 20-day cancellation provision for any, or no, reason at any time. We are confident that clients will be so happy with our service that they won’t exercise this right so we are happy to include it.

Cooperating Broker Outreach

Getting back to our roots, BKREA will offer co-broking on many of our exclusive listings with outside brokers. This practice has long been in the seller’s best interest, yet it has been abandoned by many brokerages. To ensure complete transparency and a level playing field for every buyer, we will proactively reach out to the brokerage community on all applicable listings.

Services

Property Sales

We provide property sales services to property owners within New York City. As has always been the case during Bob’s 40-year career, the company will only represent sellers and only on an exclusive basis. Representing “sellers only” has eliminated any potential conflicts of interest and allowed for a pure “keep the client’s best interests in mind” approach. Everything BKREA does revolves around achieving the best possible results for their clients, which is almost always achieving the highest price on the best possible terms.

Note Sales

We provide consulting and sales services to banks and lenders who look to sell notes collateralized by properties in New York City. Bob has been selling notes since the Savings and Loan Crisis in the early 1990s. These services include work on non-performing loans only.
We also have extensive experience working with the bankruptcy court and the bankruptcy process, and can assist with connecting clients with the appropriate people who are experts in this area.

Valuations

We provide Broker Opinions of Value (“BOVs”) for property owners who are considering a sale of their property in New York City and will provide these services primarily on a complimentary basis.
These valuations are not formal MAI appraisals but contain much of the same information contained in a formal appraisal. Historically, the IRS has accepted our BOVs for estate tax purposes. BOVs obtained for this purpose shall not be complimentary.

Consultations

We provide consulting services to market participants in a variety of ways including: expert testimony regarding brokerage issues, expert testimony regarding property valuation, land arbitration services, expert testimony regarding transferable development rights,  and historic façade easements testimony. BKREA will also offer 1031 tax-deferred exchange consultation and section 467 transaction structuring. Services will also include advising lenders regarding non-performing loans.

Market Reports

We provide clients with the most comprehensive market reports available in the market. The company's datasets, in many cases going back to 1984, and the data has been derived utilizing the same methodology over these past 40 years. This same methodology creates a consistent relationship regarding fluctuations within the data and provide a level of integrity within the data that does not exist if the methodology is not consistent.

Land Arbitration

Given the meticulous attention to detail BKREA has on land sales going back to 1984, market share, and the opaque nature of many of these transactions, Bob Knakal is a powerful ally to any participant in a land arbitration. The history of success is unparalleled.
Knowing the smallest details of each transaction can make all the difference in these matters and we know them!

Property Types

Elevator
Apartment Buildings

25 Property

Walkup
Apartment Buildings

10 Property

Office
Buildings

18 Property

Development
Sites

22 Property

User
Properties

25 Property

Parking
Properties

25 Property

25 Property

Retail
Properties

Unsold
Shares

35 Property

Mission

We believe that property owners deserve the highest and most sophisticated level of advocacy and representation. We are committed to building upon our tradition of exclusively representing owners, delivering superior results, and creating an industry leading position by adapting to present market conditions and integrating unparalleled old-school analog databases with cutting edge artificial intelligence technology.

Strategy

We serve our clients with distinction, provide personal and professional growth for our people, and are a positive force in the communities we touch, while always embracing our values of passion, integrity, excellence and responsibility

Testimonials from clients

We guarantee the best results for each and every client:

Haejin Baek, Barclays Capital

Seller of 200 East 59th Street

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Bob Knakal and his team did everything they said they would do and more to produce outstanding results for us.

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Gary Barnett, Extell Development

Seller of 341 East 62nd Street

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If you are selling a development site in New York City, you must speak to Bob and his team.


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Steve Benjamin, The Dermot Company

Seller of 40-41 Union Street

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Bob Knakal is a successful entrepreneur and salesman, but is also a quality person who cares a lot about what he is doing and the people around him.

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Nick Bienstock, Savanna Partners

Seller of 1516-1518 First Avenue

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The price Bob achieved for us was in excess of his valuation and we are extremely pleased with the quality of the execution we received here.

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Richard Born, BD Hotels

Seller of 3111 New Hyde Park Road

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We wanted a broker who knew the land market cold and would work tirelessly on our behalf. Bob Knakal did just that!

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David Brause, Brause Realty

Seller of 36-38 Hudson Street

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Bob is a wonderful psychiatrist and chess player as he encourages the parties to come to agreement regardless of the hurdles every deal faces.

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Knakal Affiliate Program (KAP)

Knakal Affiliate Program or KAP is designed to help you expand your professional network, and business, and generate a new income stream. As a member of the KAP, you will be included in a group that will facilitate referrals and collaborations between brokers and firms, to serve clients in the best ways possible.

Join now