Francisco Parra Acquires Multifamily Property From Gabby Yifrah In North Bergen For $1.68M

The multifamily asset located at 705 74th Street in the North Bergen market was sold for $1,680,000. The property comprises 10 units, resulting in a price per unit of $168,000. The total square footage of the asset is 10,000, giving it a price per square foot of $168.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,680,000
• Units: 10
• Price Per Unit: $168,000
• Square Feet: 10,000
• Price Per Square Foot: $168
• Buyer: Franciso Parra
• Seller: Gabby Yifrah
• Brokers: Chris Cervelli & Christopher Gerena - Cervelli Real Estate & Property Management

Franciso Parra acquired the property from Gabby Yifrah with the representation of brokers Chris Cervelli and Christopher Gerena from Cervelli Real Estate & Property Management, facilitating the transaction within the real estate market.