Raymond Hourizadeh Purchases Mixed-use Asset From Kostakis Family In Bayville For $4.3M

A mixed-use property located at 14 Bayville Avenue in the Bayville market was sold for $4,300,000. The asset comprises a total square footage of 13,042, resulting in a price per square foot of $330.

Summary of transation details:

• Property Type: Mixed-use
• Transaction Amount: $4,300,000
• Address: 14 Bayville Avenue
• Market: Bayville
• Square Footage: 13,042
• Price per Square Foot: $330
• Buyer: Raymond Hourizadeh
• Seller: Kostakis Family
• Brokers: Luca DiCiero, Giuseppe Gregorio, Faisal Gilani & Nicholas Evangelista - NY Space Finders
• Transaction Close Time: 35 days from executed contract

The transaction involved noted brokers representing both the buyer and the seller. The brokers for this deal were Luca DiCiero, Giuseppe Gregorio, Faisal Gilani, and Nicholas Evangelista, all affiliated with NY Space Finders.