Albert Camocho Purchases Multifamily Property At 1391 Jefferson Avenue For $2.69M
1391 Jefferson Avenue
$2,690,000
$815/SF
Building Size
3,300 SF
Asset Type
MultiFamily
Closing
Dec 15, 2025
AI
The asset involved in this transaction is a multifamily property located at 1391 Jefferson Avenue in Brooklyn. The sale price for this property was $2,690,000, and it encompasses a total area of 3,300 square feet, reflecting a price per square foot of $815.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,690,000
- Address: 1391 Jefferson Avenue
- Market: Brooklyn
- Square Footage: 3,300
- Price per Square Foot: $815
- Buyer: Albert Camocho
- Seller: David Yao
- Buyer's Representative: David Chang - Compass
- Seller's Representative: Mark Martov - The Corcoran Group
Notably, David Chang represented the buyer Albert Camocho, while Mark Martov represented the seller David Yao in this transaction. Their involvement ensured a smooth process for both parties throughout the deal.
Players
Brooklyn 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
5.90%
Cash-on-Cash
-1.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93