Woodcliff Lake Apartments at 62 Broadway in Woodcliff Lake — Courtesy: The Kislak Co. Inc.
By Joshua Burd
A private investor has acquired 14 apartments and five retail units in Woodcliff Lake as part of a nearly $8.8 million deal announced Wednesday by The Kislak Co. Inc.
The firm’s Jason Pucci and Barry Waisbrod represented the seller, a longtime client, in the transaction at 62 Broadway. They noted that the three-story building has now changed hands for the second time since 2024, having also arranged the previous sale, and drew interest thanks in part to its upscale features and proximity to NJ Transit’s Pascack Valley line.
Michael Todaro of Serhant Real Estate Inc. procured the buyer in the $8.765 million deal.
“The seller had purchased the property as part of a larger portfolio and decided to sell it since it was geographically outside of his core holdings,” said Pucci, Kislak’s CEO. “Our marketing resulted in a number of strong offers. Michael and his client appreciated the quality of the property and its exceptional Bergen County location and were a pleasure to work with throughout the transaction.”
Built in 2019, Woodcliff Lake Apartments is within a 10-minute walk of the borough’s train station. The property’s features include a private lobby entrance with package and elevator service, spacious units with gourmet kitchens and modern bathrooms, in-unit laundry facilities and on-site assigned parking.
“The property attracted strong interest from local private investors who recognized the area’s strong fundamentals and the property’s future income growth potential,” said Waisbrod, an executive vice president with Kislak. “Shortly after launching our marketing process, a well-qualified buyer was secured and the transaction was completed in a highly professional manner. The seller expressed strong appreciation for the execution and the overall outcome of the sale.”
