Updated Apr 21, 2026
Wan Yu Liang Acquires Industrial Building At 275 Front Street In Vinegar Hill For $5.8M
275 Front Street
$5,800,000
$509/SF
Building Size
11,389 SF
Asset Type
Industrial
Closing
Apr 10, 2026
About this deal
AI
275 Front Street is located in the Vinegar Hill market of Brooklyn and is an industrial asset sold for $5,800,000. The building encompasses 11,389 square feet with a price per square foot of $509. It has a built square footage of 21,150 and a price per built square foot of $274.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,800,000
- Address: 275 Front Street
- Market: Vinegar Hill, Brooklyn
- Built Square Feet: 21,150
- Price per Built Square Foot: $274
- Square Feet: 11,389
- Price per Square Foot: $509
- Buyer: Wan Yu Liang
- Seller: Peter Chang
Wan Yu Liang, through 275 Front Property Inc., executed the acquisition of the property, purchasing the industrial building from seller Peter Chang.
On the Map
$5,800,000
$509/SF
Industrial
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Players
Brooklyn Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.73%
Cash-on-Cash
-0.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93