A fully renovated townhouse at 374 Washington Avenue in Clinton Hill has quietly changed hands for $9.396 million, closing in an off-market deal that now stands as the most expensive home sale the neighborhood has ever recorded. The 25-foot-wide property spans more than 7,000 square feet and includes five bedrooms, each with its own en-suite bathroom and a large walk-in closet.
According to Curbed, the sellers bought the home in 2014 for $3.75 million and then undertook a full renovation that preserved original touches like pocket doors, mantles and working fireplaces while adding white oak floors, zoned HVAC, a custom Lacanche range and a private decked garden. The home was also described as having a back garden with an outdoor bar, a detail reported in the seed coverage from The Real Deal. Property records reviewed by PropertyShark show the building dates to 1880 and lists the home's size at 7,119 square feet.
Brokers Matthew Lesser, Matthew Lipsky and Sophie Smadbeck represented the listing and confirmed the sale sets the Clinton Hill record, per The Real Deal's reporting. Smadbeck told Curbed that the townhouse market has few fully renovated options to begin with, a dynamic that helps explain why a turnkey property like this one commanded such a premium.
A Record That Edges Out the Pfizer Mansion
The previous Clinton Hill benchmark belonged to the Pfizer Mansion at 280 Washington Avenue, a roughly 10,000-square-foot Queen Anne-style home that sold for $9.05 million in 2021, according to Curbed. That property's first owner, Charles Erhart, co-founded the Pfizer pharmaceutical company alongside his cousin and future brother-in-law, Charles Pfizer. The new sale at 374 Washington Avenue surpasses that figure by a few hundred thousand dollars, making it the priciest home sold in Clinton Hill to date.
Curbed's reporting frames the sale within a broader supply crunch across the area. There is, as the outlet put it, a shortage of fully renovated townhouses in Clinton Hill and Fort Greene, with most properties in those neighborhoods still needing work and the rare move-in-ready home trading for a premium. That scarcity, paired with the home's scale and turnkey condition, helped push the price well past the neighborhood's prior ceiling.
Brooklyn's Broader Townhouse Boom
The Clinton Hill sale lands amid a run-up in Brooklyn townhouse values more broadly. Market data reported by The Real Deal shows the median price per square foot for Brooklyn townhouses climbed 12.8 percent since 2023 to reach $608 as of early July, breaking the $600 mark for the first time. The same outlet has separately reported that townhouses accounted for nearly 78 percent of Brooklyn deals above $5 million between January and July, up from 76 percent the year before and 69 percent in 2022, as post-pandemic demand squeezed inventory and sent prices climbing.
Other recent trades underscore how competitive the high end of the market has become. An unfinished five-story townhouse at 39 South Portland Avenue in Fort Greene sold for $8.8 million, setting that neighborhood's own record, while a renovated five-story townhouse at 535 1st Street in Park Slope fetched $13.9 million, surpassing that area's previous high of $12.6 million set in 2017, according to Brown Harris Stevens. Even with those gains, the broader market has shown some softening: Brooklyn signed contracts fell 14 percent year over year in the first quarter of 2026, and the borough logged just 1,061 closings in that span, an 8 percent drop and the lowest first-quarter total in 13 years, per Corcoran.
Against that backdrop of fewer deals but rising per-square-foot values, the 374 Washington Avenue sale reads as a case study in what happens when a genuinely renovated, oversized townhouse hits a market starved for exactly that kind of inventory. For now, it stands as the new ceiling for Clinton Hill, at least until the next record-setting deal closes.
