realestate

Brooklyn Nets Star Buys Red Hook Townhouse for $40,000 Rent

NBA's Dennis Schröder rents Red Hook pad for $40,000/month with option to buy.

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BA player Dennis Schröder is renting a six-bedroom home in Red Hook's Van Brunt Street for $40,000 a month with an option to buy at $14 million. This would set a record for the neighborhood, where the most expensive sale was $4.58 million for a townhouse on Beard Street in January 2023. The Van Brunt Street residence spans three floors and runs entirely on solar power, featuring a private garage, pool, and terrace.

    Schröder's potential home purchase comes as he navigates his final year with the Nets, who may trade him despite his desire to stay long-term. He has expressed a wish to be a veteran leader, showing young players how to play as a team. Schröder joined the Nets earlier this year in a trade that sent Spencer Dinwiddie and Thaddeus Young to Toronto.

    The home's asking price of $14 million is notable, considering it last traded for $1.7 million in 2013. If Schröder buys at this price, he would be setting a new record for the neighborhood. Eric Sidman of Compass' Hudson Advisory Team represents the seller, while Terrence Harding of Compass represents Schröder. The NBA's regular season begins on October 22.

Brooklyn Nets player purchases luxury townhouse in Red Hook neighborhood.