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
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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