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83 Stockholm Street

Shlomo Kubitshuk Acquires Multifamily Buildings In Bushwick From Mendel Gold For $4.1M
SOLDMultiFamily

Shlomo Kubitshuk Acquires Multifamily Buildings In Bushwick From Mendel Gold For $4.1M

83 Stockholm Street & 81 Stockholm Street

$4,100,000

$178/SF

Building Size

22,948 SF

Asset Type

MultiFamily

Closing

Feb 26, 2026

AI

Shlomo Kubitshuk acquired two multifamily buildings located at 81 and 83 Stockholm Street in the Bushwick market of Brooklyn. The total sale price for the properties was $4,100,000, covering a combined square footage of 11,474. The properties were priced at $357 per square foot.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $4,100,000
  • Buyer: Shlomo Kubitshuk
  • Seller: Mendel Gold
  • Sales Date: 02/26/2026

This transaction involved Shlomo Kubitshuk representing the buyer side in the acquisition from seller Mendel Gold, taking place in a growing market area known for its multifamily residential properties.

Players

Mendel Gold

Seller

$26.9M

vol

7 deals

Seller

Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.87%

Cash-on-Cash

-1.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93