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Camber Property Group Buys Brooklyn Multifamily Property for $72M

Summary by Commercial Observer
Affordable housing developer Camber Property Group has acquired a newly constructed multifamily property at 2886 Atlantic Avenue in Cypress Hills, Brooklyn, from The Jay Group for $72 million, Commercial Observer has learned.  The property was delivered vacant, a source close to the deal told CO, and has 183 residential units, 5,200 square feet of commercial space and 56 parking spots.  Both the buyer and seller were represented by Aaron Jungrei…
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Commercial Observer broke the news in on Friday, May 23, 2025.
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