John Hanikeh Acquires Retail Property In Paramus From Andy Marks & Marks Realty For $3.15M

The property asset involved in this transaction is located at 42 New Jersey Highway 17 in Paramus, NJ. This retail space has a total area of 12,400 square feet and was sold for a price of $3,150,000, resulting in a price per square foot of $254.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,150,000
• Square Footage: 12,400
• Price per Square Foot: $254
• Buyer: John Hanikeh
• Seller: Andy Marks & Marks Realty
• Brokers: Lew Finkelstein, Marc Palestina & CJ Huter - The Goldstein Group
• Date of Transaction: 10/24/2024

The transaction was facilitated by brokers Lew Finkelstein, Marc Palestina, and CJ Huter from The Goldstein Group, representing both the buyer and seller throughout the deal. Their involvement was crucial in navigating the particulars of this retail property transaction.