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696 Palisade Ave
Teaneck, NJ 07666
Office Property For Sale

Executive Summary

• Owner/User Property!
• Main Floor Dental Office - 2,200 SF Leased w/ 7 Years on Lease to Go at $95,000 Annual Rent & Increases
• Lower Level Has 2,200 SF
• 1,300 +/- SF is Vacant
• 900 +/- SF is Rented (month-to-month; can be vacant for user)
• Land-Zoned Office
• 3 (Three) Lavatories
• Main Floor Has 5 Dental Treatment Rooms
• Income Producing
• Two (2) Floors with Dental Office on Main Floor &
• Office on Lower Level
• Private Doctor’s Offices
• $110,000 +/- Gross Income a Year with Increases
• Plus Vacancy for Upside
• Parking: 19 Spots Onsite & Street Parking
• Taxes: $24,269 (2023)

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
4,400 SF
Building Class
C
Year Built/Renovated
1930/1999
Price
$2,648,100 CAD
Price Per SF
$601.84 CAD
Cap Rate
5.64%
NOI
$149,380 CAD
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,200 SF
Building FAR
0.39
Lot Size
0.26 AC
Zoning
B2 - Business
Parking
19 Spaces (4.32 Spaces per 1,000 SF Leased)

Property Taxes

Property Taxes

Parcel Number
60-02507-0000-00003
Land Assessment
$735,310 CAD
Improvements Assessment
$1,499,409 CAD
Total Assessment
$2,234,718 CAD
  • Listing ID: 30321956

  • Date on Market: 2023-12-08

  • Last Updated:

  • Address: 696 Palisade Ave, Teaneck, NJ 07666

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