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Dennis Schröder Leases Six-Bedroom Home In Red Hook For $40,000 A Month With Option To Buy

Property Image
LEASED
$40,000
Eric Sidman
Terrence Harding

New York

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Single Family
Leased 09/27/2024
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Property Image
LEASED

Dennis Schröder Leases Six-Bedroom Home In Red Hook For $40,000 A Month With Option To Buy

Single Family
Leased 09/27/2024
Eric Sidman
Terrence Harding
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Single Family
Transaction Type:Lease

The property involved in this transaction is a six-bedroom single-family home located in Red Hook, Brooklyn. The asking rent for this residence is $40,000 per month. The home is solar-powered and includes amenities such as a private garage, pool, and terrace. There is also an option to buy the property for $14 million, which would set a neighborhood record.

Summary of transaction details:

Key individuals in this transaction include NBA player Dennis Schröder, who is renting the property as he aims to establish himself as a veteran leader for the Brooklyn Nets. The brokers facilitating this transaction are Eric Sidman and Terrence Harding from Compass.

Players

Eric Sidman
Eric Sidman
3 deals$10.6M volume
BROKER
Terrence Harding
Compass
Terrence Harding
1 deal(212) 945-8769
BROKER

Details

LEASED
IMAGE: Eric Sidman, Dennis Schröder & Terrence Harding DATE: 09/27/2024 MARKET: Brooklyn ASSET TYPE: Single Family TENANT: Dennis Schröder (@DS17_FG) BROKERS: Eric Sidman (@Esidman) & Terrence Harding (@RealEstateDynamo_NYC) - Compass ASKING RENT: $40,000/Month NOTE: NBA player Dennis Schröder is renting a six-bedroom home in Red Hook for $40,000 a month, with an option to buy for $14 million, which would set a neighborhood record. The solar-powered residence includes a private garage, pool, and terrace, and Schröder hopes to establish himself as a veteran leader for the Nets amid speculation about his future with the team. öder

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Deal Type
Effective Rent (Annual)

$458,555,172.46

Total Lease Value

$4,585,551,724.59

Net Landlord Cash Flow$458,555,172.46