Crown Heights Deals Setting and Breaking Records at Rapid Pace

A four-family townhouse at 627 St. Marks Avenue has sold for $1,900,000, a probable record for a Crown Heights townhouse, a spokeswoman for Douglas Elliman, who brokered the deal, told us. Although divided into four floor-through units and marketed as an investment property, the recently renovated brownstone, pictured above, had oodles of original details as well as central air.

It went into contract at ask “at the first open house the agents held” after one week on the market, said the spokeswoman. It was a House of the Day in January. BK to the Fullest was the first to write about the sale, which closed February 12.

Meanwhile, though, incredibly, a condo at 225 Eastern Parkway, Unit 5A, just sold for a squeak more: $1,930,000, well above the asking price of $1,750,000, BK to the Fullest told us. That was a Condo of the Day too, which we predicted would get “pretty darn close” to ask. In other words, we underestimated!

Both could be matched or eclipsed by next week. The elegantly renovated single-family townhouse at 1234 Dean Street that was asking $2,195,000 is in contract, developer Jonathan Schippers of Steering House told us. He declined to specify for how much, although he hinted it was less than the ask. It took a while to get the all-cash deal done since comps for single family houses are lower, he said. Schippers plans to deliver a new single family C of O for the former SRO after the closing, which is scheduled to take place “on or before March 5.”

The buyers plan to live in the building, he said.

Schippers’ next project is renovating another landmarked house, at 135 Cambridge Place in Clinton Hill. “We’re proposing a historically contextual extension on the rear of the building and waiting for Landmarks to give us the green light before proceeding,” he said. He and his family also just started renovating a house to live in, he said.