S.V.P. Daniel Lanni Arranges Exclusive Sale of The Overlook
Woodbridge, N.J., January 28, 2021 – The Kislak Company, Inc. announced the recent $3,300,000 of The Overlook, a newly-constructed luxury apartment building located at 140 Overlook Drive in Hackensack, Bergen County, New Jersey.
Kislak marketed the property on an exclusive basis with senior vice president Daniel Lanni handling the assignment, and he also procured the purchaser. Commenting on several unique aspects of the transaction, Mr. Lanni said: “We represented the builder of this new construction apartment building exclusively and quickly procured a strong buyer who closed all cash in 30 days. The building was 100% occupied with all collections current at the time of sale.”
Built in three, cascading tiers, The Overlook is composed of luxury residential units, most of which have large, private outdoor patios, available private garages and storage space with each unit having two tandem spaces per unit. The units consist of one or two bedrooms, with and without dens, and two baths.
Large floor plans allow for spacious rooms with nine-foot-high ceilings and stylish wood grain floors throughout; large living/dining rooms; and ample closet space. Kitchens fully equipped with dishwashers, gas ranges, refrigerators, extra exhaust fans, and washer/dryer units accompany solid wood cabinets along with the same found in bathrooms beautifully appointed with imported tile and stone.
Other amenities include individually controlled central heating and air conditioning; cable and data readiness; and a video intercom system in the fully sprinklered, concrete/brick/wood framed building.
The Overlook is located near four transportation hubs, major highways, eateries, shopping, and entertainment in Hackensack — a diverse city approximately 12 miles northwest of Midtown Manhattan and approximately seven miles from the George Washington Bridge. Hackensack and greater Bergen County are among the strongest rental markets in New Jersey and the tri-state area.
From a number of locations in Hackensack, the New York City skyline can be seen. The Metropolitan Campus of Fairleigh Dickinson University extends across the Hackensack River in both Hackensack and Teaneck.
Mr. Lanni joined Kislak in 2010 and is consistently among the firm’s leading producers. He specializes in the sale of multifamily and other investment properties in central New Jersey with a particular focus along the Jersey Shore. He was the recipient of the firm’s 2011 Rookie of the Year Award and was promoted to a senior vice president in 2019.
About The Kislak Company, Inc.
The Kislak Company, Inc., which is headquartered in Woodbridge, New Jersey, is a leading commercial real estate brokerage firm consistently recognized for its investment sales success. Established in 1906, Kislak’s market leadership position and longevity are due to its ability to offer clients a personalized, hands-on approach, coupled with the unrivaled expertise of its long-tenured team of professionals. Kislak’s prestigious client base includes individual investors and owners, partnerships, financial institutions, and REITs. The firm’s 35 professionals provide comprehensive market coverage throughout New Jersey, New York, Pennsylvania, and Delaware.
Now in its 115th year, Kislak was among a select group of firms recognized as a 2019 Power Broker by CoStar Group, Inc. and this was the firm’s 14th consecutive recognition.