Brownstone Brooklyn can stand the heat

REAL ESTATE • Townhouses

Along with much of the rest of NYC’s real estate market, the townhouse market in Brooklyn has cooled from last year, with 197 Brooklyn townhouses going to contract in the first half of 2023, versus 255 in the first half of 2022. But the market's far from dead. New townhouse listings in the borough are spending an average of 45 days on market in 2023, compared to 142 days for Manhattan townhouses (per StreetEasy). And despite persistently high mortgage rates, Brooklyn townhouse prices have held steady since last year at a median ask of $3 million. Here now, three townhouses that went to contract in the past month, all well above the $3M median, in Bed-Stuy, Park Slope, and Brooklyn Heights. 

→ 367 Greene Ave. (Bed Stuy, above), 4BR/2.5BA townhouse, recent renovation with backyard and wood-burning fireplace. In contract: 6/26/23. Closing ask: $4.35M. Monthly taxes: $705. Days on market: 45. Listing broker: David Feldman, Brown Harris Stevens. 

→ 608 3rd St. (Park Slope), 6BR/4BA multi-family townhouse with two units. In contract: 6/30/23. Closing ask: $4.9M. Monthly taxes: $1652. Days on market: 241. Listing brokers: Charlie Pigott & Jackie Torren, Corcoran. 

→ 35 Remsen St. (Brooklyn Heights), 7BR/3.5BA townhouse, five stories of historic detail. In contract: 6/23/23. Original ask $8.995M, closing ask: $8.5M. Monthly taxes: $3280. Days on market: 53. Listing broker: Deborah Reiders, Corcoran.