Kislak Represents Seller In Mixed-Use Sale Of 62 Broadway Woodcliff Lake For $8.765M
SOLD
$8,765,000
New Jersey
See Similar DealsMixed-use
Sold 01/30/2026
SOLD
Kislak Represents Seller In Mixed-Use Sale Of 62 Broadway Woodcliff Lake For $8.765M
62 Broadway
See Similar DealsMixed-use
Sold 01/30/2026
Summary
NEW JERSEY
Asset Type:Mixed-use
Transaction Type:Sale
The property asset located at 62 Broadway in the Woodcliff Lake market is a mixed-use development featuring a total of 19 units, which include 14 luxury apartments and 5 retail spaces. The sale was completed on January 30, 2026, with a transaction amount of $8,765,000, resulting in a price per unit of $461,316.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $8,765,000
- Address: 62 Broadway
- Market: Woodcliff Lake
- Units: 19
- Price per Unit: $461,316
- Seller's Representatives: Jason Pucci & Barry Waisbrod - Kislak
Jason Pucci and Barry Waisbrod represented the seller in this transaction through Kislak. Their involvement highlights the brokerage's role in facilitating the sale of this mixed-use asset.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$467,466.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$31,140.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$41,550.57
Annual Debt Service$498,606.86
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