Updated Mar 21, 2026
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
11,474 SF
Asset Type
MultiFamily
Closing
Feb 26, 2026
About this deal
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.
On the Map
$4,100,000
$178/SF
MultiFamily
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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