1636 Palisade Ave
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1636 Palisade Ave
10,000 SF 100% Leased Retail Building Fort Lee, NJ 07024 $15,900,000 ($1,590/SF)
Investment Highlights
- Great future project
- Great future project
Executive Summary
Its great potential locations, center of the City and next to The Modern True Luxury Complex. Sold for two Properties together (1636 Palisade consistency of Lot-size 25,950SF, Improvement 7,200SF with 5 separated tenants occupied in full) and (1626 Palisade consistency of Lot-size 4,800SF, 3 story building with 5 tenants occupied in full) Zoning Commercial.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
10,000 SF
Building Class
C
Year Built
1979
Price
$15,900,000
Price Per SF
$1,590
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.42
Land Acres
0.55 AC
Zoning
C2 - COMMERTIAL
Parking
50 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
180 FT on Palisade Ave
Walk Score ®
Walker's Paradise (94)
Bike Score ®
Very Bikeable (72)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 19-04351-0000-00004 | Improvements Assessment | $445,000 |
| Land Assessment | $2,655,000 | Total Assessment | $3,100,000 |
PROPERTY TAXES
Parcel Number
19-04351-0000-00004
Land Assessment
$2,655,000
Improvements Assessment
$445,000
Total Assessment
$3,100,000
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Sang Lee - SKNJ Realty
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SKNJ Realty
1636 Palisade Ave
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