Updated Oct 7, 2025
Francisco Parra Acquires Multifamily Property From Gabby Yifrah In North Bergen For $1.68M
705 74th Street
$1,680,000
$168/SF
Building Size
10,000 SF
Asset Type
MultiFamily
Closing
Aug 24, 2025
About this deal
AI
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.
On the Map
$1,680,000
$168/SF
MultiFamily
View full map
Players
North Bergen MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Chris Cervelli CCIM CPM to view all their deals.
Browse North Bergen multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.44%
Cash-on-Cash
-2.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93