Acquisition · Sunset Park
236 39th Street trades for $7.25M
The 14,878-square-foot warehouse, built in 1998, has three loading docks, climate control and 30-foot clear ceilings, and the new owner is already marketing it for industrial lease.
- Amount
- $7.25M
- Type
- Acquisition
- Date
- Jul. 2026
236 39th Street, Brooklyn, NY
Recorded in NYC property records.
- Seller
- 236 39th Street LLC
- Buyer
- SPG 236 39th St LLC
- PropertyShark's own current commercial listings confirm SPG 236 39th St LLC as the active owner of record, independently matching the ACRIS buyer.
- The building is actively marketed for industrial lease, not held vacant or idle after the sale.
- The 14,878-square-foot, 1998-built warehouse has three loading docks, climate control, and 30-foot clear ceiling height.
- Sits in Sunset Park's core waterfront industrial district, the same corridor as Industry City, the Brooklyn Army Terminal, and MADE Bush Terminal.
Overview
On July 23, 2026, SPG 236 39th St LLC paid $7.25 million to 236 39th Street LLC for an industrial warehouse building at 236 39th Street in Sunset Park, per the ACRIS deed. PropertyShark's own current commercial listings independently confirm SPG 236 39th St LLC as the building's owner of record, matching the ACRIS buyer, and show the property actively marketed for industrial lease rather than held vacant after the sale.
The building totals 14,878 square feet, was built in 1998, and offers three loading docks, climate control, and 30-foot clear ceiling height -- specifications suited to modern logistics and light-manufacturing tenants rather than an older, converted structure. It sits in Sunset Park's core waterfront industrial district, the same corridor as Industry City, the Brooklyn Army Terminal, and MADE Bush Terminal -- Hush Street's primary development story for this neighborhood.
Not currently in Hush Street's Sunset Park registry.
A clean, single-property industrial building sale in the same working-waterfront district as Industry City and the Brooklyn Army Terminal -- the kind of ownership turnover that signals continued investor interest in Sunset Park's industrial corridor, with the new owner already marketing the space rather than sitting on it.
Parties Involved 2 recorded
Basis
Named as grantor on the ACRIS DEED document.
Basis
Named as grantee on the ACRIS DEED document; PropertyShark's current commercial listings independently confirm it as the building's active owner of record.
Counts and combined values are computed from Hush Street’s own published Deal records only. “Combined” is the total value of the transactions a party appears on, not capital deployed by that party, and two parties on the same transaction each reflect its full amount. Not a career or market total.
Marks shown are Hush Street editorial monograms, generated from each party’s recorded name — not official company logos.
Property & Project
Sources & Recordsverification, citations & data notes
- ACRIS Document Detail -- deed, $7,250,000 — NYC ACRIS
- Sunset Park, Brooklyn, NY Industrial & Warehouse Spaces for Rent — PropertyShark