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839 President Street

Red Brick Properties Sells 839 President Street Townhouse In Brooklyn For $9.5M
SOLDSingle Family Residence

Red Brick Properties Sells 839 President Street Townhouse In Brooklyn For $9.5M

839 President Street

$9,500,000

$1,583/SF

Building Size

6,000 SF

Asset Type

Single Family Residence

Closing

Feb 12, 2026

AI

The property asset involved in this transaction is a townhouse located at 839 President Street in the Brooklyn market. The sale price was set at $9,500,000, encompassing a total square footage of 6,000, which results in a price per square foot of $1,583.

Summary of transaction details:

  • Property Type: Townhouse
  • Transaction Amount: $9,500,000
  • Address: 839 President Street
  • Market: Brooklyn
  • Asset SF: 6,000
  • Price Per SF: $1,583
  • Seller: Red Brick Properties - David Slaven
  • Seller's Representative: Nadia Bartolucci - Douglas Elliman @nmbarto

This transaction was facilitated by Nadia Bartolucci from Douglas Elliman, who represented the seller, Red Brick Properties, specifically David Slaven, during the closing of this deal.

Players

Nadia Bartolucci

Douglas Elliman

Broker

$29.3M

vol

4 deals

Broker

David Slaven

Red Brick Properties

Seller

$70.5M

vol

6 deals

Seller

Brooklyn Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.67%

Cash-on-Cash

-0.48%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93