Rich Velotta Danny Handweiler & Sam Perry Of Raven Property Advisors Facilitate $11.1M Multifamily Sale In Upper East Side

The multifamily property located at 335 East 22nd Street & 345-347 East 78th Street in the Upper East Side/Gramercy market has been sold for a transaction amount of $11,100,000. The asset consists of 49 units across a total square footage of 22,345, resulting in a price per unit of $226,000 and a price per square foot of $497.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $11,100,000
• Units: 49
• Square Footage: 22,345
• Price Per Unit: $226,000
• Price Per Square Foot: $497
• Date of Transaction: 6/18/2025

The brokers involved in the transaction were Rich Velotta, Danny Handweiler, and Sam Perry from Raven Property Advisors, representing the seller in this deal.