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Brooklyn’s luxury market picks up with $12M townhouse 

Carroll Gardens Townhouse Leads Brooklyn’s Luxury Market
(left) 336 Degraw Street, Compass Boris Sharapan Fabrikant and Collin Bond, Corcoran’s Jackie Torren; (right) Douglas Elliman’s Aran Scott; 878 President Street (Getty, Google Maps, Douglas Elliman, Corcoran, Compass)

Brooklyn’s luxury market is picking up steam.

Buyers signed contracts for 26 homes in the borough asking $2 million or more last week, marking the largest number of inked deals since the start of the year, according to Compass’ weekly report. The total was up from just 14 in the previous period. 

A townhouse in Carroll Gardens asking $12 million was the priciest home to find a buyer. The 6,500-square-foot home at 336 Degraw Street was built in 1920 and has seven bedrooms and five bathrooms.

It also features an open living room and dining room, a floor-to-ceiling glass wall, terrace, backyard and a furnished roof deck. The home last traded in 2021 for just under $3 million. 

Douglas Elliman’s Aran Scott had the listing. Compass’ Collin Bond, Esq. and Boris Sharapan Fabrikant, Esq. represented the buyer.

The signed deal comes about a month after another Carroll Gardens townhouse snagged the neighborhood’s priciest contract per square foot since at least 2018. The five-bedroom home at 94 Third Place sold for $7.5 million, or $2,080 per square foot, after the sellers converted it from a four-unit building to a single-family home. 

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The second most expensive home to enter contract was 878 President Street in Park Slope, with an asking price of $6.5 million. The townhouse, built in 1905, spans 4,300 square feet and has five bedrooms and four bathrooms.

The home, which last sold for $5.5 million in 2018, is configured as an owner’s triplex with a garden one-bedroom apartment. It also features an eat-in chef’s kitchen, floor-to-ceiling windows, basement with a wine cellar and backyard. 

Corcoran’s Jackie Torren had the listing. 

Of the 26 contracts, two were for co-ops, 14 were for condos and 10 were for townhouses. 

The homes had an average asking price of $3.4 million, which works out to about $1,545 per square foot. The properties spent an average of 145 days on the market with an average discount of 2 percent from the listing price.

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BrooklynCarroll GardensPark Slope