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Commercial Real Estate Lending Partners
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North New Jersey
Palisades Financial acquired a 70% occupied 50,000 SF Class “A” office building with direct access to the George Washington Bridge for $6,800,000 . It is estimated that once stabilized at 90% occupancy, the net operating income (before debt service) can reach $560,000, resulting in returns of over 19%.
$2,433,000
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PO Box 995 · Tenafly, NJ 07670 · 201-894-8833 · Fax 201-894-8833 · inquiries:
info@palfi.net
