Updated Oct 7, 2025
Jorge Mejia Sells Retail Property At 363 Lakeview Avenue Clifton For $1.135M
363 Lakeview Avenue
$1,135,000
$206/SF
Building Size
5,500 SF
Asset Type
Retail
Closing
Oct 2, 2025
About this deal
AI
The property asset involved in the transaction is located at 363 Lakeview Avenue in Clifton. This retail space has a size of 5,500 square feet and was sold for $1,135,000, translating to a price per square foot of $206.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,135,000
- Address: 363 Lakeview Avenue
- Market: Clifton
- Square Footage: 5,500
- Price per Square Foot: $206
- Seller: Jorge Mejia
- Broker: Alexander Custidiano - A2ndChance Group Realty
The key individuals involved in this transaction include seller Jorge Mejia and broker Alexander Custidiano, who represents the seller in this deal. Custidiano is affiliated with A2ndChance Group Realty, playing a crucial role in facilitating the sale.
Clifton Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.98%
Cash-on-Cash
-3.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93