SOLDOffice
Arsen Atbashyan Of Commercial Acquisitions Sells Office Building At 1915 Ocean Avenue In Brooklyn
1915 Ocean Avenue
Building Size
18,600 SF
Asset Type
Office
Closing
May 6, 2026
AI
This transaction involves an office asset located at 1915 Ocean Avenue, Brooklyn, with a total square footage of 18,600. The specifics regarding the sale price are not disclosed.
Summary of transation details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 1915 Ocean Avenue
- Market: Brooklyn
- Asset Size: 18,600 SF
- Broker: Arsen Atbashyan - Commercial Acquisitions
Arsen Atbashyan represents the broker in this transaction, facilitating the deal for the office property located in Brooklyn.
Brooklyn Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93