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Assuming that is just for food, it could be done. I can personally recommend KG Fare for very high quality food and service. I was at an event they catered this past weekend, and have used them myself in the past to rave reviews!
http://kgfare.com/ -
Wow - you can accommodate 80 people in your apartment?!
(Not helpful, I know, I'm sorry, but had to comment.)$30-40 is for food only, right? It's a bit on the low side, but for cocktail reception it might be do-able. Try contacting Tip of the Tongue - they are good at working with budgets, without sacrificing quality.
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