Bed-Stuy, Bensonhurst townhouses top Brooklyn’s luxury market

Borough saw 15 contracts inked last week

Bed-Stuy Townhouse Tops Brooklyn’s Luxury Market
Bed-Stuy Townhouse Tops Brooklyn’s Luxury Market137 Clifton Place, 1406 73rd Street (Getty, Google Maps)

Townhouses ruled Brooklyn’s luxury market last week.

The property type nabbed 10 of the 15 contracts inked for homes asking $2 million or more in the borough between Aug. 21 and Aug. 27, according to Compass’ weekly report. Condos claimed the remaining five. 

The priciest home to find a buyer was 137 Clifton Place in Bedford-Stuyvesant, with an asking price of $3.7 million. The two-family brownstone spans 4,200 square feet and includes a separate garden-level apartment. 

The renovated triplex has five bedrooms and four bathrooms. It also features an open-concept parlor floor, chef’s kitchen  with deck access and a paved garden. 

Compass’ Maria Ryan had the listing.

The second most expensive home to enter contract was 1406 73rd Street in Bensonhurst, with an asking price of $3.4 million. The 3,950-square-foot home, rebuilt in 2002, has four bedrooms and four bathrooms.

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It also has a finished basement, driveway with a garage, 14-foot ceilings and backyard with a pool and patio. 

Townhouses often crown weekly luxury reports in the borough, but homes in Bed-Stuy and Bensonhurst rarely crack the top contracts. 

Bensonhurst neighbors Gravesend, a Syrian Jewish enclave home to several major New York City retail investors. Last year, billionaire Jeff Sutton paid $14 million for a two-story home formerly owned by the Chera family.

The total was down from the previous period, which saw 16 contracts inked for homes asking $2 million or more. Late summer has been slow for Brooklyn’s luxury market, with few contracts signed for homes asking $4 million or more. 

The average asking price for the 15 homes was $2.8 million with an average price per square foot of $1,049. The typical home received a 2 percent discount from the asking price and spent 142 days on the market.

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