Brooklyn Heights just notched another bragging right. A fully gutted and rebuilt townhouse on Garden Place went into contract last week after being listed for about $12.8 million, taking the crown as the borough’s priciest signed deal among homes asking at least $2 million. The single-family townhouse was marketed as a turnkey showpiece, complete with a garden-level guest suite, a private terrace off the primary suite and a blend of preserved period details with fresh, high-end finishes.
That Garden Place deal topped a busy stretch of high-end activity. Across Brooklyn, 19 contracts were signed for homes asking at least $2 million, totaling roughly $73 million in contract volume. The median asking price landed around $2.9 million, with an average price per square foot near $1,348, according to Compass’ weekly contracts data. The Real Deal.
The Compass listing for 40 Garden Place pegs the asking price at $12,750,000 and shows the status as Contract Signed as of June 26, 2026. The renovation is credited to a collaboration with Steering House and Brooklyn Studio and is framed as a move-in-ready overhaul. Highlights include a primary suite with a private terrace, dual walk-in closets, a home office and a den with a wood-burning fireplace, along with a garden-level guest suite that has its own bath and laundry. Compass.
Public property records show the house last changed hands in October 2022 for $4.2 million. Deed filings and permit logs reflect multiple alteration permits tied to the subsequent overhaul, and those recorded documents plus aggregated property reports confirm both the prior sale and extensive renovation activity. PropertyShark.
Boerum Hill second priciest contract
The week’s runner-up was a Boerum Hill townhouse at 306 State Street, which carried an asking price in the mid-$6 million range. The 25-foot-wide, landmarked brick home was marketed as a six-bedroom, seven-bath residence that includes a garden-floor one-bedroom duplex and a recently updated kitchen. Homes.com.
What the deals mean
Together, the signings suggest buyers are still willing to pay a premium for fully renovated townhouses on coveted, landmarked blocks, even as overall luxury contract volume eased week over week. The focus on turnkey, larger-footprint homes helps explain why remodeled brownstones and townhouses continue to dominate Brooklyn’s priciest weekly deals.
Listing agents on the two properties include Callie Katt of Compass’ Hudson Advisory Team for the Garden Place townhouse and Lindsay Barton Barrett for the Boerum Hill listing. Both entries are now marked Contract Signed as they head toward closing in the coming weeks, with recorded closings and final sale prices set to show how closely the eventual numbers track the ambitious asks. Compass.
