Sara Shin Of Christie's International Real Estate Represents Buyer In $1,757,500 Englewood Cliffs Office Sale
631 East Palisade Avenue
$1,757,500
$313/SF
Building Size
5,600 SF
Asset Type
Office
Closing
Feb 24, 2026
AI
The property asset involved in the transaction is an office located at 631 East Palisade Avenue in Englewood Cliffs. The sale price was $1,757,500 for a total area of 5,600 square feet, resulting in a price per square foot of $313.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $1,757,500
- Address: 631 East Palisade Avenue
- Market: Englewood Cliffs
- Square Footage: 5,600
- Price per Square Foot: $313
- Buyer's Representative: Sara Shin - Christie's International Real Estate
- Seller's Representative: Tom Scatuorchio - Kislak
Key individuals in this deal included Sara Shin, representing the buyer, and Tom Scatuorchio, representing the seller. Their respective agencies, Christie's International Real Estate and Kislak, facilitated the transaction.
Players
Englewood Cliffs Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.03%
Cash-on-Cash
-2.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93