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3716 15th Avenue

Updated Jul 13, 2026

Shloime Goldstein Acquires Three Specialty-Use Properties In Borough Park For $6.5M
SOLDSpecial Purpose

Shloime Goldstein Acquires Three Specialty-Use Properties In Borough Park For $6.5M

3716 15th Avenue, 3718 15th Avenue & 3720 15th Avenue

$6,500,000

Building Size

Asset Type

Special Purpose

Closing

Jun 25, 2026

About this deal

AI

Shloime Goldstein, through 3716 15th Ave LLC, has acquired three specialty-use properties located at 3716, 3718, and 3720 15th Avenue in Borough Park, Brooklyn for a total sale price of $6,500,000. The properties encompass a combined building size of 32,000 square feet, resulting in a price per square foot of $203.

Summary of transaction details:

  • Property Type: Special Purpose
  • Transaction Amount: $6,500,000
  • Address: 3716 15th Avenue, 3718 15th Avenue & 3720 15th Avenue
  • Market: Borough Park, Brooklyn
  • BSF: 32,000
  • PPBSF: $203
  • Buyer: Shloime Goldstein
  • Seller: Chevras Bnei Yehoshua

The buyer, Shloime Goldstein, represents his entity 3716 15th Ave LLC in this transaction, having purchased the properties from the seller, Chevras Bnei Yehoshua. This deal highlights the involvement of these key individuals and entities in the specialty-use property market in Brooklyn.

Players

Shloime Goldstein

Buyer

$31.5M

vol

2 deals

Buyer

Avenue Special Purpose Market Snapshot

Boundary boundary · Special Purpose · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.44%

Cash-on-Cash

-0.70%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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