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New York

Park Slope townhouses score top Brooklyn contracts

Buyers signed contracts for 17 homes asking $2M+

Park Slope Townhouses Top Brooklyn’s Luxury Market

From left: Douglas Elliman’s Michelle Griffith and Tricia Tucker; The Corcoran Group’s Teri Cavanaugh; 178 Garfield Place, 21 Prospect Park West and 136 Park Place (Getty, Douglas Elliman, The Corcoran Group, Google Maps)

Park Slope is back on top of Brooklyn’s luxury market. 

Townhouses in the neighborhood claimed the priciest of the 17 contracts inked in the borough last week, according to Compass’ weekly report on homes asking $2 million or more. 

The most expensive home to find a buyer was 21 Prospect Park West, with an asking price of $7.8 million. The five-story townhouse spans roughly 7,500 square feet and has six bedrooms and three bathrooms.

The 25-foot-wide property also features oversized windows, a double-height central gallery, landscaped front courtyard, second-floor terrace and backyard. 

The townhouse hit the market in late November last year with an asking price just under $10 million. The listing brokers, Douglas Elliman’s Michelle Griffith and Tricia Tucker, told the New York Post at the time the home had its own 1950s-inspired ice cream parlor. 

The second most expensive home to enter contract was 136 Park Place, with an asking price of $4 million. The townhouse, built in 1869 and landmarked in 1973, spans nearly 3,800 square feet and has eight bedrooms and three bathrooms. 

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The 21-foot-wide pad also features high ceilings, arched doorways, a rear deck and backyard. The home’s previous owners rented its garden floor to tenants as a separate apartment. 

Corcoran’s Teri Cavanaugh had the listing, which hit the market in early February. 

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Though new development condos ruled the borough’s signed contracts two weeks ago, townhouses in Park Slope are staples in Brooklyn’s luxury market. Most recently, a five-bedroom home at 178 Garfield Place snagged the borough’s priciest contract in mid-February with an asking price of $6 million.

Of the 17 homes to find buyers, 11 were condos, one was a co-op and five were townhouses. Last week’s total was up from the 14 inked in the previous period. 

The average asking price was $3 million, or $1,593 per square foot. They spent an average of 156 days on the market and had an average discount of 3 percent from their original listing price. 

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Compass