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1785 Ocean Avenue

Yakov Khavin Purchases Mixed-Use Property From Luba Veksler For $2.01M In Brooklyn
SOLDMixed-use

Yakov Khavin Purchases Mixed-Use Property From Luba Veksler For $2.01M In Brooklyn

1785 Ocean Avenue

$2,010,000

$524/SF

Building Size

3,829 SF

Asset Type

Mixed-use

Closing

Jul 31, 2025

AI

The property involved in this transaction is a mixed-use asset located at 1785 Ocean Avenue in Brooklyn. The sale price was $2,010,000, and the property consists of 4 units with a total square footage of 3,829. The price per unit is calculated at $502,500, and the price per square foot stands at $524.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $2,010,000
  • Address: 1785 Ocean Avenue
  • Market: Brooklyn
  • Units: 4
  • Price Per Unit: $502,500
  • Square Footage: 3,829
  • Price Per Square Foot: $524
  • Buyer: Yakov Khavin
  • Seller: Luba Veksler
  • Broker: Arsen Atbashyan - Commercial Acquisitions

The transaction featured Yakov Khavin as the buyer and Luba Veksler as the seller, with Arsen Atbashyan representing the buyer in this deal. The transaction took place on August 1, 2025.

Players

Arsen Atbashyan

Commercial Acquisitions

Broker

$127M

vol

53 deals

Broker
Commercial Acquisitions
Commercial AcquisitionsBrokerage

Brooklyn Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.89%

Cash-on-Cash

-2.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93