Park Slope has been a hotbed for Brooklyn real estate activity for many years, and townhouses are a particularly coveted asset. Despite higher interest rates, during the past few months (Dec '22 - mid-March '23) we have seen significant townhouse sales activity in Park Slope. In total, 20 townhouses were sold during this 3-month period, with an average sale price of $4.2 million. While this average price point may seem steep, it reflects the high value that Park Slope real estate has to offer. Its prime location, beautiful architecture, and wealth of amenities make it one of the most desirable neighborhoods in New York City.

Park Slope offers an eclectic mix of historic charm and modern convenience, making it a magnet for discerning homebuyers. Averaging at 3,777 square feet, these townhouses sold for an average price of $4,216,869, translating to an impressive $1,116 per square foot. This price tag underscores the premium quality of life in this neighborhood, from the idyllic streets lined with brownstones to the proximity to Prospect Park, and a plethora of shops, restaurants, and schools that cater to the needs and tastes of a diverse, affluent community.

• Average Price: $4,216,869

• Average Size: 3,777 square feet

• Average Price Per Square Foot: $1,116

403 1st Street
3-Family Building
Bldg Size: 18x43
Gross Sq Ft: 3,096
Sale Price $3,301,401
Closed: 3/13/23

83 Saint Marks Place
3-Family Building
Bldg Size: 20x45
Gross Sq Ft: 3,600
Sale Price $7,600,000
Closed: 1/19/23

338 1st Street
Single-Family Building
Bldg Size: 18x45
Gross Sq Ft: 2,670
Sale Price $3,800,000
Closed: 1/11/23

299 Garfield Place
2-Family Building
Bldg Size: 20x50
Gross Sq Ft: 5,780
Sale Price $3,750,000
Closed: 12/30/22

442 3rd Street
4-Family Building
Bldg Size: 21x65
Gross Sq Ft: 5,350
Sale Price $4,600,000
Closed: 12/8/22

275 6th Avenue
4-Family Building
Bldg Size: 23x70
Gross Sq Ft: 6,180
Sale Price $4,250,000
Closed: 3/2/23

282 Garfield Place
Single-Family Building
Bldg Size: 20x50
Gross Sq Ft: 5,000
Sale Price $8,250,000
Closed: 1/18/23

423 10th Street
Single-Family Building
Bldg Size: 17x32
Gross Sq Ft: 2,400
Sale Price $3,475,000
Closed: 12/30/22

524 9th Street
Single-Family Building
Bldg Size: 14x45
Gross Sq Ft: 1,926
Sale Price $2,265,000
Closed: 12/29/22

292 1st Street
2-Family Building
Bldg Size: 20x40
Gross Sq Ft: 4,400
Sale Price $5,100,000
Closed: 12/8/22

413 8th Street
Single-Family Building
Bldg Size: 17x45
Gross Sq Ft: 3,060
Sale Price $4,550,000
Closed: 1/6/23

532 8th Street
3-Family Building
Bldg Size: 20x48
Gross Sq Ft: 3,024
Sale Price $3,800,000
Closed: 1/13/23

390 6th Avenue
Single-Family Building
Bldg Size: 16x45
Gross Sq Ft: 2,752
Sale Price $3,257,000
Closed: 1/6/23

415 Bergen Street
4-Family Building
Bldg Size: 20x55
Gross Sq Ft: 4,160
Sale Price $5,358,980
Closed: 12/22/22

459 9th Street
4-Family Building
Bldg Size: 20x45
Gross Sq Ft: 3,600
Sale Price $2,650,000
Closed: 12/2/22

353 6th Avenue
3-Family Building
Bldg Size: 19.75x55
Gross Sq Ft: 4,345
Sale Price $3,650,000
Closed: 2/1/23

355 Bergen Street
2-Family Building
Bldg Size: 19x40
Gross Sq Ft: 3,040
Sale Price $2,700,000
Closed: 1/12/23

387 10th Street
2-Family Building
Bldg Size: 17x42
Gross Sq Ft: 2,142
Sale Price $2,760,000
Closed: 1/4/23

788 Carroll Street
2-Family Building
Bldg Size: 21x50
Gross Sq Ft: 4,920
Sale Price $5,925,000
Closed: 12/16/22

673 10th Street
2-Family Building
Bldg Size: 20x50
Gross Sq Ft: 4,100
Sale Price $3,295,000
Closed: 12/2/22

For some additional context, below is a graph of the Average Price of a Sold Park Slope Townhouse over the past five years.

BUYING OR SELLING IN PARK SLOPE?

If you are seeking to buy or sell a townhouse in this prestigious slice of Brooklyn, an experienced Park Slope real estate agent is not just a luxury, but a necessity.With over 15 years of experience in the Park Slope real estate market, my ability to provide tailored advice, backed by the latest market data and personalized service, ensures that my clients are well-equipped to make the best decisions in this high-stakes market.