Real Estate

Renovated Townhouses Top Brooklyn Luxury Contracts


Renovated townhouses claimed the two priciest contracts signed last week in Brooklyn’s luxury market. 

The most expensive of the 25 signed contracts asking $2 million or more was a Park Slope property, according to Compass’ report. The home at 857 Carroll Street, which last asked $7.5 million, is the latest in a long series of properties in the tony neighborhood to top the weekly report. 

The four-story townhouse spans 4,800 square feet and has five bedrooms and three bathrooms. Built in 1900, the home was once the site of a pop-up shop selling wares from vendors in the borough, organized by staging company Hovey Designs.

Some of the original detailing includes a wood-burning fireplace in the formal living room, dado paneling and hand-painted wallpaper in the dining room and stained-glass skylight on the third level. 

It also has a slate balcony off the kitchen, marble-paved backyard, tiled terrace in the primary suite and a studio on the ground level. 

Douglas Elliman’s Nadia Bartolucci had the listing. 

The second most expensive home to go into contract was 316 Eckford Street in Greenpoint, with an asking price of $5 million. The 4,100-square-foot, four-story townhouse has four bedrooms and five bathrooms. 

It features a dog house under the stairs, heated floors and wet bar. The primary suite includes a balcony, wood-burning fireplace and walk-in closet, and one level has a solarium office with a terrace. 

Compass’ Ronita Kalra had the listing.

Brooklyn saw 25 contracts inked for or more between May 8th and May 14th, down slightly from the 27 contracts signed in the previous period. Of the total, 11 were for townhouses and 14 were for condos.

The average asking price was $3 million and the average price per square foot was $1,373. The homes spent an average of 133 days on the market and had an average discount of 1 percent from the original listing price.

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