SOLDMultiFamily
Anthony Drejaj Acquires Multifamily Property From Adam Cohen In North Bergen For $2.6M
9100 2nd Avenue
$2,600,000
$152/SF
Building Size
17,000 SF
Asset Type
MultiFamily
Closing
Jun 26, 2026
AI
The property involved in the transaction is a multifamily asset located at 9100 2nd Avenue in North Bergen. It comprises 16 units, offering a total square footage of 17,000. The sale price for this transaction was set at $2,600,000, resulting in a price per unit of $162,500 and a price per square foot of $152.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,600,000
- Units: 16
- Square Footage: 17,000
- Price Per Unit: $162,500
- Price Per Square Foot: $152
- Buyer: Anthony Drejaj
- Seller: Adam Cohen
- Broker: Chris Cervelli CCIM CPM - Cervelli Real Estate & Property Management
Key individuals in this transaction include the buyer, Anthony Drejaj, and the seller, Adam Cohen. The brokerage involved, Cervelli Real Estate & Property Management, was represented by Chris Cervelli CCIM CPM, facilitating the deal for both parties.
Players
North Bergen MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93