Updated Jul 3, 2026
Shi Wei Acquires Industrial Asset At 775 39th Street In Brooklyn For $3,850,000
775 39th Street
$3,850,000
$484/SF
Building Size
7,950 SF
Asset Type
Industrial
Closing
May 26, 2026
About this deal
AI
The property involved in this transaction is an industrial asset located at 775 39th Street in Brooklyn. It was sold for $3,850,000, encompassing 7,950 square feet, which translates to a price per square foot of $484.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,850,000
- Address: 775 39th Street
- Market: Brooklyn
- Square Footage: 7,950
- Price per Square Foot: $484
- Buyer: Shi Wei
- Seller: Amy Lynn
- Broker: Ruben Kast De Martinez - SymmetryCRG
The key individuals involved in this transaction include the buyer, Shi Wei, and the seller, Amy Lynn. The representation of the deal was handled by broker Ruben Kast De Martinez from SymmetryCRG, who expressed gratitude to his clients for their trust throughout the process.
On the Map
$3,850,000
$484/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
4.12%
Cash-on-Cash
-1.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93