Brooklyn has its first contract for a home asking over $20 million this year.
The over 9,000-square-foot townhouse at 35 Remsen Street topped the list of contracts signed in the borough asking at least $2 million, according to Compass’ weekly report covering Jan. 19 to Jan. 26.
Public records tie the seller to a local real estate development firm, which bought the property for $7.7 million in Nov. 2023.
The Brooklyn Heights home was gut-renovated and shopped around off-market, according to Douglas Elliman’s Aran Scott, who had the listing. The home is 25-feet-wide and sits on a 100-foot-deep lot, and comes with six bedrooms and seven bathrooms.
The townhouse also features an elevator, a private backyard, a rooftop deck, a sauna and steam room.
The final touches, like kitchen and bathroom tile and marble, will be up to the buyer, an increasingly popular offering from high-end single-family developers in the area.
“If it’s the right buyer and you have the right structure, I think it can work very well,” Scott said of marketing near-finished products. “If you can get the buyer comfortable with you, I think [the] best case scenario is to let them do the fun picking at the end and you deal with all the major headaches that usually happen in the first year or so.”
Scott said he thinks if and when this home trades next, it could be a candidate for the first $30 million townhouse sale in the borough.
The second most expensive contract last week went to another Brooklyn Heights townhouse asking $7.2 million. The 4,900-square-foot home at 314 Hicks Street has five beds and three full baths.
Built in 2012, the 25-foot-wide home features private parking, a landscaped garden and a water filtration system.
Serhant’s Ravi Kantha and Cameron LeCates had the listing.
The seller bought the home for $5.9 million in 2020 and originally listed it for $8.5 million last March.
The two top townhouse contracts combined to account for over half of the $53.8 million in signed contract volume last week. There were 10 contracts — five condos and five townhouses — in total last week.
Deals signed last week had a median asking price of $3.3 million, an average asking price per square foot of $1,376 and an average discount of 3 percent.