Salvatore Gaudio Acquires Multifamily Property In Yorkville, Manhattan For $6.8M

The multifamily property located at 300 & 304 East 81 Street in Yorkville, Manhattan, has been sold. The transaction took place on October 28, 2021. The property is zoned as C1-9 and has a total of 32,170 buildable square feet (BSF) at a price of $211 per BSF. The total square footage (SF) of the property is 11,820, with a price per square foot (PPSF) of $575.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $6,800,000
• Market: Yorkville, Manhattan

The buyer of the property is Salvatore Gaudio, and the seller is Mitchel Maidman. The property has a floor area ratio (FAR) of 3.77 and falls under tax class 2. The lot size is 3,217 square feet, with lot dimensions of 43 ft x 77 ft. The property has previously obtained an alteration permit on December 8, 2015, under Alteration 2.