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775 39th Street

Shi Wei Acquires Industrial Asset At 775 39th Street In Brooklyn For $3,850,000
SOLDIndustrial

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

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.

Players

Ruben Kast De Martinez

SymmetryCRG

Broker

$22.5M

vol

3 deals

Broker
Amy Lynn Mccabe

Amy Lynn Mccabe

Seller

$26.9M

vol

3 deals

Seller

Market Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

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