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437 East 80th Street

Bob Intner Sells Upper East Side Multifamily Property For $6.55M With Raven Property Advisors
SOLDMultiFamily

Bob Intner Sells Upper East Side Multifamily Property For $6.55M With Raven Property Advisors

437 East 80th Street

$6,550,000

$280/SF

Building Size

23,346 SF

Asset Type

MultiFamily

Closing

May 10, 2026

AI

The property asset involved in this transaction is a multifamily building located at 437 East 80th Street in the Upper East Side market. The sale price for the property was $6,550,000, with a total square footage of 23,346, resulting in a price per square foot of $280.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $6,550,000
  • Address: 437 East 80th Street
  • Market: Upper East Side
  • Square Footage: 23,346
  • Price per Square Foot: $280
  • Seller: Bob Intner
  • Broker Representatives: Richard Velotta, Daniel Handweiler & Gabi Grob - Raven Property Advisors

The transaction was facilitated by three brokers from Raven Property Advisors: Richard Velotta, Daniel Handweiler, and Gabi Grob, who represented the seller, Bob Intner, in the deal.

Players

Richard Velotta

Raven Property Advisors

Broker

$409M

vol

30 deals

Broker

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.42%

Cash-on-Cash

-0.69%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93