One Prospect Park West Sells Park Slope's Most Expensive Condo

While the pandemic may have pressed pause on sales of trophy penthouses in Manhattan, a new Brooklyn development is leading the charge with a record-setting sale, renewing confidence in the luxury market in the land of the brownstone.

One Prospect Park West, the historic Knights of Columbus clubhouse-turned-luxury-condo in Park Slope that launched sales about 60 days ago, just put into contract the most expensive condo...in Park Slope history.

Asking $6.5 million, the penthouse home is not only the most expensive home on the market in the neighborhood, but also, at $2,000/square foot, the most expensive home to ever go into contract in Park Slope. With four bedrooms, four bathrooms and a 1,500-square-foot private terrace, the penthouse represents the kind of home buyers are searching for today: enough space for everyone to relax/work/learn from home, private outdoor space, mere steps from a park, and -- of course -- located in Brooklyn. This impressive sale is a strong sign for the borough during the pandemic, in a time when the city’s luxury market has significantly cooled.

Since launching sales this summer, One Prospect Park West has attracted positive interest from the market and racked up a number of deals across a variety of price points. In addition to the penthouse, Residences 3B and 2K also went into contract in October, which were listed for $2.75M and $1.8M, respectively. Buyers are snapping up the building's spacious homes that offer immediate access to Prospect Park, unprecedented skyline views and timeless design.

One Prospect Park West is the first residential development to feature interiors by WORKSTEAD, the renowned Brooklyn-based design firm, and is a rare new condominium located directly on Prospect Park. Originally built by the Knights of Columbus in 1925, the 10-story building served as a lavish hotel and club for members, replete with a ballroom, restaurant, bowling alley, billiards’ hall, indoor swimming pool, club rooms and council chambers. The building is being developed by Sugar Hill Capital Partners.

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