Abdel K Abuzahrieh Acquires Retail Property In University Heights For $5.7M

The property located at 24 West Fordham Road in University Heights has been sold in a transaction that took place on September 28, 2021. The property is a retail asset with a zoning designation of R6 and C1-4. The sale involved a buyer named Abdel K Abuzahrieh and a seller named Stephen O'Connell. The transaction price for the property was $5,700,000, with a building square footage (BSF) of 9,377 and a price per BSF (PPBSF) of $607. The property itself has a square footage (SF) of 3,859, with a price per SF (PPSF) of $1,477. The floor area ratio (FAR) for the property is 1.00, and it falls under tax class 4. The lot size is 3,859, and the lot dimensions measure 76.25 feet by 86.25 feet. The property previously had an alteration permit issued on March 27, 2015.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $5,700,000
• Buyer: Abdel K Abuzahrieh
• Seller: Stephen O'Connell
• Market: University Heights
• Zoning: R6, C1-4
• Building Square Footage: 9,377
• Price per BSF: $607
• Property Square Footage: 3,859
• Price per SF: $1,477
• Floor Area Ratio: 1.00
• Tax Class: 4
• Lot Size: 3,859
• Permits: Alteration 2 (03/27/2015)
• Lot Dimension: 76.25 ft x 86.25 ft

The buyer's representative in the transaction is Abdel K Abuzahrieh, and the seller's representative is Stephen O'Connell.