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
About this deal
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.
On the Map
$3,850,000
$484/SF
Retail
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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