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1915 Ocean Avenue

Arsen Atbashyan Of Commercial Acquisitions Sells Office Building At 1915 Ocean Avenue In Brooklyn
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.

Players

Arsen Atbashyan

Commercial Acquisitions

Broker

$124.8M

vol

52 deals

Broker

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