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$3.1M Townhouse Sale Falls Short of Fort Greene Record

While this brick townhouse at 152 Lafayette Avenue did not break the $3.28 million neighborhood record, the $3.1 million closing price did bring quite the payday for the former owner, who bought the house in 2007 for $2.025 million. Listed with Brooklyn Properties, the four-story Greek Revival home has a 5BR/2.5BA upper triplex and a garden level 1BR/1BA rental. The renovation restored original details like the Lincrusta wall coverings, the raised wood paneling, the white oak herringbone floors, and the St. Laurent marble fireplaces. Compared to the recent borough record-setter of $7.3 million, this sale may seem paltry, but the Observer points out that the last time Fort Greene saw such high prices was before the housing market crash.

· Fort Greene Townhouse Fetches $3.1 Million, Narrowly Missing Neighborhood Record [NYO]
· 152 Lafayette Avenue [Brooklyn Properties]