Brooklyn’s luxury market just got its first big headline of 2026, with a renovated townhouse in Brooklyn Heights closing for $14.99 million, the borough’s largest residential deal of the year so far. The 25-foot-wide brick home at 307 Hicks Street has been transformed into a roughly 6,200-square-foot single-family residence with five bedrooms and seven baths, after a full conversion from four separate units. Local developer Eckstrom led the overhaul, layering minimalist modern finishes onto the building’s early-20th-century bones. The trade sets an early benchmark for Brooklyn’s townhouse market this year.
According to the New York Post’s “Gimme Shelter” column, the buyer is a Manhattan-based finance family, and the final sale price landed at $14.99 million. The New York Post reports the deal as Brooklyn’s top residential sale so far in 2026.
Public property records show Eckstrom picked up the four-unit building in late 2023 for about $5.1 million before gutting and reimagining it. PropertyShark documents the December 2023 acquisition and the property’s previous multifamily configuration. From there, the developer repositioned 307 Hicks as a single-family showpiece and brought it to market as a high-end townhouse conversion.
That flip-focused strategy sits at the core of Eckstrom’s business model, and the firm has been edging beyond its home turf after a run of Brooklyn deals. The Real Deal notes that Eckstrom closed 170 Clinton Street for $14 million earlier this month and often lists homes before renovations are fully complete. “We’ve done so many things in Brooklyn that are so ambitious... now we deserve a little respite in keeping things a little more simple,” founder Carlos Saavedra told the outlet.
Renovation Details That Helped Command Top Dollar
The marketing leaned heavily on materials and craftsmanship: wide-plank ash floors imported from Denmark, Calacatta Viola marble countertops, a custom Henrybuilt kitchen and a full Gaggenau appliance package, along with new windows and built-in, low-profile storage. Brown Harris Stevens notes that the renovation, done in collaboration with FXCollaborative, was designed around a soft-minimalist aesthetic tailored to family buyers.
How It Was Marketed
The pricing told its own story as construction advanced. Listing archives show the property was first offered at $14.25 million in 2024, then later relisted as high as $15.5 million as the work neared completion. Market pages tracked the shifting asks and the pending status ahead of the reported closing, offering a clear snapshot of the project’s pre-market strategy. CityRealty reflects that pricing timeline.
Taken together, the 307 Hicks sale and the $14 million trade at 170 Clinton suggest that well-executed single-family conversions near Manhattan are still very much in demand. Buyers continue to pay up for space, quiet blocks and turnkey finishes in enclaves like Brooklyn Heights, where townhouses tend to outperform the broader borough market. The Real Deal recently highlighted how many of Brooklyn’s priciest sales cluster in a handful of neighborhoods, including this one.
For Eckstrom, the $14.99 million closing is another proof point for its conversion playbook and a notable milestone as the firm nudges into new markets. The number gives brokers a fresh spring benchmark for trophy townhouse pricing and will be closely watched by owners considering similar projects. With multiple homes still in its pipeline, Eckstrom’s next few sales will help reveal whether the appetite for Brooklyn’s top-end townhouses can carry through the rest of 2026.
