Brooklyn Townhouses Dominate $5M+ Luxury Market, Expanding Beyond Traditional Enclaves

Data from The Real Deal reveals that nearly 78% of Brooklyn home sales above $5 million between January and July 2025 were townhouses, a notable increase from 69% during the same period in 2022. Once dominated by historic areas like Brooklyn Heights and Park Slope, the luxury townhouse boom is now spreading to places like Greenpoint and Fort Greene, thanks in part to new developments designed for upscale buyers.

This surge traces back to the pandemic era, when city dwellers began prioritizing space and outdoor access, driving up demand and prices in Brooklyn. With limited inventory and growing interest, many homeowners have capitalized by selling long-held properties at a premium. Developers, too, are leaning into the trend, introducing newly built townhouses into the borough’s luxury mix.

Brooklyn’s townhouse renaissance signals a broader shift in New York City’s high-end housing market—one that’s increasingly moving beyond Manhattan and embracing the boroughs as prime luxury destinations.