Updated Dec 20, 2023
Brian A. Mory Acquires Church At 155 Hazel St In Clifton For $6.1M
155 Hazel St, Clifton, NJ, USA
$6,078,200
$12/SF
Building Size
471,929 SF
Asset Type
Other
Closing
Mar 16, 2021
About this deal
AI
The church located at 155 Hazel St in Clifton has been sold in a transaction that closed on March 17, 2021. The property, a church, was bought by Brian A. Mory for a price of $6,078,200 from the seller, Francisco Dasilva.
Summary of transaction details
- Property Type: Church
- Transaction Amount: $6,078,200
- Address: 155 Hazel St
- Market: Clifton
Brian A. Mory, represented by his broker, was the buyer in this transaction, while Francisco Dasilva acted as the seller. The sale of the church represents a significant deal in the Clifton market.
Players
Clifton Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.61%
Cash-on-Cash
-0.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93