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668 President Street

The Setton Family Acquires Mixed-Use Property At 668 President Street For $5,050,000
SOLDMixed-use

The Setton Family Acquires Mixed-Use Property At 668 President Street For $5,050,000

668 President Street

$5,050,000

$928/SF

Building Size

5,440 SF

Asset Type

Mixed-use

Closing

Aug 4, 2026

AI

The asset involved in this transaction is a mixed-use property located at 668 President Street in the Park Slope market. The property was sold for $5,050,000 with a total square footage of 5,440, resulting in a price per square foot of $928.

Summary of transation details:

  • Property Type: Mixed-use
  • Transaction Amount: $5,050,000
  • Address: 668 President Street
  • Market: Park Slope
  • Square Footage: 5,440
  • Price per Square Foot: $928
  • Buyer: The Setton Family
  • Seller: RYCO Capital
  • Brokers: Daniel O'Brien, Caroline Hodes, Henry Hill & Loren Valla - Newmark

This transaction involved the representation of the buyer by The Setton Family. The brokers working on this deal were from Newmark, specifically Daniel O'Brien, Caroline Hodes, Henry Hill, and Loren Valla, who facilitated the sale on behalf of the buyer.

Players

Caroline Hodes

Newmark

Broker

$1.9B

vol

98 deals

Broker
RC
Ryco CapitalSeller

Brooklyn Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.14%

Cash-on-Cash

-0.90%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93