SOLDRetail
Shi Wei Lei Acquires Retail Property At 775 39th Street In Sunset Park For $3.85M
775 39th Street
$3,850,000
$484/SF
Building Size
7,950 SF
Asset Type
Retail
Closing
Apr 27, 2026
AI
Shi Wei Lei has purchased a 7,950-square-foot retail property located at 775 39th Street in Sunset Park, Brooklyn from Amy Lynn for $3.85 million. This transaction reflects a price per square foot of $484.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,850,000
- Square Footage: 7,950
- Address: 775 39th Street
- Market: Sunset Park, Brooklyn
- Price Per Square Foot: $484
- Buyer: Shi Wei Lei
- Seller: Amy Lynn
Shi Wei Lei and Amy Lynn have engaged in this commercial real estate transaction, contributing to the dynamics of the rapidly changing Brooklyn neighborhood.
Players
Brooklyn Retail Market Snapshot
Boundary boundary · Retail · 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