The South Brooklyn Railroad and Terminal Company was incorporated September 30, 1887 to build from the end of the Brooklyn, Bath and West End Railroad (West End Line) at 38th Street and 9th Avenue northwest to the foot of 38th Street, and was leased to the BB&WE, allowing BB&WE trains to run to the 39th Street Ferry. The land purchases were completed in 1892, and the South Brooklyn Railway & Terminal Company built a terminal station and freight house at Third Avenue. The company was not a "railroad" in the strictest sense, as it did not own any rail vehicles, but instead owned several city blocks to lease to other railroads that wished to connect to the ferry terminal at 39th Street.