11 Sylvan Ave

Investment Highlights

High exposure

Executive Summary

Rarely available free standing commercial retail property currently zoned for restaurant-use. The property was basically rebuilt in 2018 from the ground up except for one wall and comes with 22 parking spaces. Centrally located in the prime and thriving commercial area of Englewood Cliffs with nearly perfect visibility. Short distance to George Washington Bridge, LG headquarters, CNBC, Unliver, major corporate neighbors, Fort Lee downtown, major highways (I-80, I-95, US-9W and the Palisades Interstate Parkway), New York City, the Trillion Dollar Mile!Don't miss out on this limitless opportunities!Building SQFT including basement and deck areas: approx 3,025 and the lot size is approximately 125x100.

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Freestanding Freestanding General Retail Restaurant Freestanding
• Building Size    3,000
• Building Class    C
• Year Built    1918
• Price    4,500,000
• Price Per SF    1,500
• Cap Rate    4.50
• NOI    202,500
• Tenancy    Single
• Building Height    2 Stories
• Building FAR    0.25
• Land Acres    0.28 AC