Two carefully restored brownstones, a 21-foot-wide townhouse in Brooklyn Heights and a 20-foot-wide Italianate in Carroll Gardens, sat at the top of Brooklyn’s luxury contract sheet last week. Together, they helped push the borough’s high-end contract activity past the $70 million mark as the spring market found its stride.
According to The Real Deal, Compass’ weekly contracts report for homes asking at least $2 million from April 6 to April 12 logged 20 deals and roughly $71 million in contract volume. The report notes a median asking price of about $2.7 million, an average asking price of around $1,434 per square foot, and an average of 69 days on the market. The prior week notched 26 deals and $79 million in contracts.
Brooklyn Heights Brownstone: 10 Sidney Place
The top contract of the week was 10 Sidney Place in Brooklyn Heights, which was marketed at roughly $8.5 million. Serhant describes the home as a five-story brownstone of about 5,700 square feet, with six bedrooms, five full baths and multiple entertaining levels, including a garden-level suite and a parlor-level living room. The townhouse sits across from 1 Sidney Place, a property that closed for about $22 million in 2024, underscoring how some Sidney Place addresses sit near the top of Brooklyn’s price spectrum, according to CityRealty.
Carroll Gardens Runner-Up: 382 Degraw Street
The second-priciest contract was for 382 Degraw Street in Carroll Gardens, listed at roughly $7.45 to $7.5 million. Compass presents the 20-foot-wide Italianate as having four bedrooms, three full baths, restored marble mantels and a parlor-level great room that opens to a deck. Third-party listing sites identify Jared LaFrenais, Maria Goretti and Samantha Klein as the listing team, per Homes.com.
Why Brownstones Still Move
Townhouses remain a go-to choice for buyers who want private outdoor space, multiple levels for entertaining and turnkey restorations, all features that show up in this week’s top contracts. With limited inventory at the highest price points, well-presented brownstones often attract quick, confident offers from buyers who are ready to sign.
This weekly snapshot points to some staying power at the top end of Brooklyn’s market, even as conditions shift in other parts of the city. Whether these signed contracts make it all the way to closing will be a useful gauge of buyer appetite as mortgage rates and inventory continue to shape behavior through the spring.
