Sandy Kamali Purchases Multifamily Property At 127 East 61st Street For $5.1M

The transaction involved a multi-family asset located at 127 East 61st Street, situated in the Lenox Hill neighborhood of Manhattan. The property consists of 8 residential units and has a total square footage of 5,320. The sale price was recorded at $5,100,000, resulting in a price per square foot of $959 and a price per unit of $637,500.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $5,100,000
• Address: 127 East 61st Street
• Market: Lenox Hill, Manhattan
• Square Footage: 5,320
• Price per Square Foot: $959
• Units: 8
• Price per Unit: $637,500
• Buyer: Sandy Kamali
• Seller: David Amirian - Amirian Group
• Closed Date: August 20, 2026
• Recording Date: September 3, 2026

Sandy Kamali, through E61 Partners LLC, is the buyer in this transaction, acquiring the property from David Amirian, who is associated with the Amirian Group. The deal showcases a direct purchase from an experienced seller to a new investor in the Lenox Hill area.