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    696 Palisade Ave Teaneck, NJ 07666

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    For Lease
    $18 SF/Yr ($6,600 /Mo)

    Two-story office building with leased dental office and vacancy.

    Property size:
    4,400 SF
    Lot size:
    4,400 SF

    Property Features for 696 Palisade Ave

    General Information

    Size
    4,400 SF

    Building Details

    Year built
    1930

    Source: Anthony Cassano Agent Anthony Cassano

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Dental Office with Income Potential

    This two-story property features a main floor dental office of 2,200 square feet, currently leased with 7 years remaining on the lease at an annual rent of $95,000 with increases. The lower level also offers 2,200 square feet, with approximately 1,300 square feet vacant and approximately 900 square feet rented. The property is zoned for office use (Office 3). The main floor includes 5 dental treatment rooms and private doctor's offices. There are three lavatories. The property generates a gross income of approximately $110,000 per year with potential for increased income through the vacant space. The lease rate is $18 per square foot plus utilities. Onsite parking is available with 19 spots, along with street parking. The property taxes for 2023 were $24,269.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distinctive Dental Arts Dentist Dr. Michael Sicklick Dentist Judah Schochet Social Worker Eliezer Zwickler Social Worker Ayala Steinfield-Kochan Social Worker

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Harriet Lederman

    Location Insight

    • Map
    • Local Demand
    City
    Teaneck
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0210534
    Latitude
    40.8856809

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    FAQs

    What type of property is this?
    Medical office - Two-story office building with leased dental office and vacancy.
    Where is this medical office located?
    The property is located at 696 Palisade Ave Teaneck, NJ.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Main floor dental office leased for 7 years at $95,000 annual rent with increases.; - Potential for increased income from 1,300 +/- SF of vacant space in the lower level.; - $110,000 +/- gross annual income with increases.
    (201) 488-5800
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    696 Palisade Ave Teaneck, NJ 07666
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    Teaneck, NJ 07666
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    696 Palisade Ave Teaneck, NJ 07666
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