Ilio Mavlyanov Of Jasper Venture Group Purchases Multifamily Asset In Murray Hill For $4.8M

The asset involved in this transaction is a multifamily property located at 25 East 38th Street in the Murray Hill market. The sale was completed for $4,800,000, encompassing a total of 10 units. The property spans 6,460 square feet, resulting in a price per unit of $480,000 and a price per square foot of $743.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,800,000
• Units: 10
• Square Footage: 6,460
• Price Per Unit: $480,000
• Price Per Square Foot: $743
• Buyer: Ilio Mavlyanov - Jasper Venture Group
• Buyer's Representative: Josh Lipton, Andrew Levine & Chase Kirkpatrick - Invictus Property Advisors
• Seller's Representatives: Jonathan Hageman, Hall Oster, Teddy Galligan & Clint Olsen - JLL
• Transaction Date: 2/10/2026

This transaction involved significant representation, with the buyer being represented by Josh Lipton, Andrew Levine, and Chase Kirkpatrick from Invictus Property Advisors. On the other side, the seller was represented by Jonathan Hageman, Hall Oster, Teddy Galligan, and Clint Olsen from JLL, indicating a collaborative effort by multiple brokers in facilitating the deal.