Updated Jul 13, 2026
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.
On the Map
$6,500,000
Special Purpose
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Players
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