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550 Sylvan Ave
Englewood Cliffs, NJ 07632
100% Leased Office - Sylvan Avenue · Office Property For Sale
Investment Highlights
- 100%-occupied office building with two above-grade stories plus full lower level situated along Sylvan Avenue (Route 9W).
- Easy access to many New Jersey highways, including Route 80, NJ Turnpike, Route 46, and Route 4.
- 22 tenants mitigate landlord risk of any one anchor tenant vacating the property.
- Only 4% office vacancy rate in Englewood Cliffs for buildings under 25,000 square feet.
- Neighboring corporate tenants include LG Electronics, CNBC HQ, US State Department, Columbia University, Prudential Financial, and CareOne.
- Situated within 2.5 miles of the George Washington Bridge (NYC) and 11 miles of the Lincoln Tunnel.
Property Facts
Property Type
Office
Property Subtype
Office/Residential
Building Size
12,750 SF
Building Class
C
Year Built
1970
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,375 SF
Slab To Slab
10’
Building FAR
0.67
Lot Size
0.44 AC
Zoning
B-4 - NA
Parking
25 Spaces (1.96 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 16-00617-0000-00013 | Improvements Assessment | $1,945,200 |
| Land Assessment | $960,000 | Total Assessment | $2,905,200 |
Property Taxes
Parcel Number
16-00617-0000-00013
Land Assessment
$960,000
Improvements Assessment
$1,945,200
Total Assessment
$2,905,200
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