Add Clinton Hill to the checklist of Brooklyn neighborhoods reporting pricey new records within the final yr.
The house at 374 Washington Avenue bought for $9.4 million in an off-market deal, making it the priciest residence bought within the neighborhood, Curbed reported. The report was confirmed by Leslie Garfield’s Matthew Lesser, Matthew Lipsky, and Sophie Smadbeck, who had the itemizing.
The 25-foot-wide residence spans over 7,000 sq. toes with 5 bedrooms, every with an en-suite toilet and walk-in closet. The sellers, who purchased the house for $3.8 million in 2014, undertook an intensive renovation, leaving in place the working fireplaces however outfitting the personal again backyard with an outside bar.
The sale simply barely tops the earlier report set by the even-larger residence simply down the road. The property at 280 Washington Avenue, often known as the Pfizer Mansion, sold for $9.1 million in 2021. Spanning 10,000 sq. toes, the Queen Anne-style mansion took its identify from its first proprietor, Charles Erhart, who co-founded the Pfizer pharmaceutical firm together with his cousin and future brother-in-law Charles Pfizer.
The size of the house at 374 Washington and its turnkey nature set it aside in a market low on totally renovated townhouses, Smadbeck instructed Curbed.
The sale is the most recent signal that Brooklyn’s townhouse pricing seems to be following a gentle arrow pointing up and to the precise. The typical worth per sq. foot within the borough for townhomes was up 14 % to $1,364 within the first half of 2026 in comparison with final yr, based on Leslie Garfield’s market report.
The escalating costs are doubtless a results of constrained provide. Throughout that very same time, the variety of gross sales fell 10 %.
The availability-demand dynamics have meant that every neighborhood has appeared to discover a new worth report within the final a number of years.
In July 2025, an unfinished five-story townhouse in Fort Greene at 39 South Portland Avenue sold for $8.8 million, setting a report for the world. Simply two months later, a Park Slope residence at 535 1st Road sold for $14 million, a brand new report for that neighborhood.
– Jake Indursky
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