Faiz Alvi Ahmad Acquires SFR In Lenox Hill, Manhattan For $3.15M

The property involved in this closed transaction is located at 119 East 78th Street in Lenox Hill, Manhattan. It is a single-family residential asset with a total square footage of 4,024. The property was sold on June 15, 2021, at a price of $3,148,000. The buyer of the property is Faiz Alvi Ahmad, while the seller is Mary White. The property has a building square footage (BSF) of 7,628, with a price per BSF (PPBSF) of $412. The price per square foot (PPSF) for the property is $782. The zoning for this property is R8B with LH-1A designation. The floor area ratio (FAR) is 2.11, and the tax class is 1. The lot size is 1,907 square feet, and the lot dimensions are 18.67 ft x 102.17 ft. A permit for alteration was issued on January 30, 2013.

Summary of transaction details

• Property Type: Single-Family Residential (SFR)
• Transaction Amount: $3,148,000
• Market: Lenox Hill, Manhattan
• Zoning: R8B, LH-1A

Faiz Alvi Ahmad acted as the buyer in this transaction, while Mary White acted as the seller. The deal was closed without any additional information available.