Unknown buyer pays $3M for 2 adjacent walkups in Murray Hill with 8 units

The entity CMT 208 East 35 LLC paid $3 million to Alfonso Rufolo through the entity 206-8 East 35 Street LLC for the four-unit building (C3) at 208 East 35th Street in Murray Hill, Manhattan and four-unit  building (C3) at 206 East 35th Street in Murray Hill, Manhattan.
The deal closed on December 10, 2025 and was recorded on December 17, 2025. The two properties have 4,872 square feet of built space and 5,012 square feet of additional air rights for a total buildable of 9,876 square feet according to a PincusCo analysis of city data. The sale price per built square foot is $615 and the price per buildable square foot is $303 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The signatory for Alfonso Rufolo was Alfonso Rufolo. The contract date was October 16, 2025.
In March 2023, a building across the street, at 229 East 35th Street, sold for $4 million to the entity CMT 229 East 35th Street Corp., but PincusCo could not establish a connection between the two companies other than both starting with CMT.

Prior sales, articles and revenue

Prior to this transaction, PincusCo has no record that the buyer had purchased any other properties and has no record it sold any properties over the past 24 months.
The seller Alfonso Rufolo had not purchased any other properties and had not sold any properties over the same time period. The former owners according to the Department of Housing Preservation and Development includes Susana Kulia, head officer and Alfonso Rufolo, officer. The business entity is 206-8 East 35 Street Llc.

The property

The 1-4 family building with 4 residential units in Murray Hill has 4,872 square feet of built space and 5,012 square feet of additional air rights for a total buildable of 9,876 square feet according to a PincusCo analysis of city data. The parcel has frontage of 12 feet and is 98 feet deep with a total lot size of 1,235 square feet. The zoning is R8B which allows for up to 4 times floor area ratio (FAR) for residential. The city-designated market value for the property in 2022 is $1.9 million.

Violations and lawsuits

There were no lawsuits or bankruptcies filed against the properties for the past 24 months. In addition, according to city public data, the properties have received $1,100 in OATH penalties in the last year.

Development

There are no active new building construction projects or major alteration projects with initial costs more than $1 million on this tax lot.

The block

On the tax block of 208 East 35th Street, PincusCo has identified the owners of nine of the 26 commercial properties representing 364,279 square feet of the 455,323 square feet. The largest owner is Robert Gilardian, followed by Lalezarian Properties and then Irene Kakosian.
On the tax block, there was one new building construction project filed totaling 166,917 square feet. It is a 229-unit, 166,917 square-foot residential (R-2) building submitted by Lalezarian Properties and filed by Kevin Lalezarian with plans filed June 27, 2019 and permitted January 4, 2022.

The majority, or 73 percent of the 455,323 square feet of built space are elevator buildings, with mixed-use buildings next occupying 14 percent of the space.

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