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
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