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historic Park Slope brownstone, renovated by a MoMA-commissioned architect over three years, has sold for 21% above its asking price of nearly $4.7 million. The home at 288 Garfield Place was listed just 19 days ago and drew five bids, with Corcoran's Ellen Gottlieb handling the listing and Serhant's Jill Preschel bringing in the buyer. The 4,500-square-foot property, built in 1891, features a unique blend of historic charm and modern design.

    The sale is part of a broader trend in Brooklyn's luxury market, where townhouses are driving sales to new heights. According to appraiser Miller Samuel, contracts for Brooklyn townhouses have increased by 42% this year compared to last, with the median sale price up almost 5% and the average price per square foot rising over 48%. Bidding wars have also reached a two-year high, with one in four sales closing after multiple offers.

    The historic home on Garfield Place boasts several unique features, including a 1970 renovation by architect Charles Forberg that added a mid-century flair. The property's garden-level floor has a living room with a solarium above, while the parlor level holds an eat-in kitchen and dining room. The top two floors feature four more bedrooms and central air conditioning throughout.

    The sale of this home is just one example of Brooklyn's competitive luxury market, where buyers are willing to pay premium prices for high-end properties. With limited inventory and strong demand, Brooklyn sales continue to push the envelope on pricing, with cash deals becoming increasingly common.