Albert Camocho Purchases Multifamily Property At 1391 Jefferson Avenue For $2.69M
SOLD
$2,690,000
New York
See Similar DealsMultiFamily3,300 SF
Sold 12/15/2025
SOLD
Albert Camocho Purchases Multifamily Property At 1391 Jefferson Avenue For $2.69M
1391 Jefferson Avenue
See Similar DealsMultiFamily3,300 SF
Sold 12/15/2025
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$815
Total Square Footage:3,300 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$143,466.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,556.99
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,751.97
Annual Debt Service$153,023.67
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