The Jessica Peters Team of Douglas Elliman, a real estate team acknowledged for expertise in Brooklyn new development and townhouse restoration, has sold 34 homes at asking price or higher at 575 Fourth Avenue in Park Slope. The Jessica Peters Team was brought on to represent the exclusive marketing and sales of the building 18-months ago and has since taken the property from six percent to 70 percent sold at a market-leading pace.
Developed by The Daten Group with the exterior designed by Fischer + Makooi, 575 Fourth Avenue offers 70 contemporary one-to-four-bedroom residences with sophisticated finishes, and 20,000-square-feet of amenity space. The interiors were distinctively designed by the Meshberg Group, with over 50 unique condominium layouts, most with private outdoor spaces and scenic city views.
“Designed for a modern luxurious lifestyle, the homes at this Park Slope building are at the forefront of offerings currently available in today’s marketplace,” said Jessica Peters, Founder of the Jessica Peters Team. “Our rapid pace and impressive sales prices are not only reflective of our team’s understanding of the market, but also to the exceptional build quality at 575 Fourth Avenue.”
The building features its own private park with two landscaped greenspaces touting a quarter acre of private outdoor space. The courtyard offers stainless steel grill stations, dining tables, and lounge furniture while the rooftop terrace boasts a sun deck and outdoor showers. Indoor entertainment spaces include a children’s playroom, music room with professional-grade equipment, fitness center, community lounge with well-stocked kitchenette, co-working spaces and an adjoining game room.
“The robust sales activity we have seen speaks to the value that 575 Fourth Avenue provides residents and the community,” said David T. Ennis, Founder and Principal of The Daten Group. “The quick pace with which The Jessica Peters Team has reached this sales milestone speaks to our group’s understanding of Brooklyn new development and emphasizes how this property stands out in the current market.”
575 Fourth Avenue is ideally located in Park Slope, one of Brooklyn’s most desirable neighborhoods. Known for its tree-lined streets and historic brownstones, Park Slope is home to a mix of boutiques, boutique bars, and many restaurant options. Several cultural landmarks can be found nearby, including Prospect Park, The Brooklyn Public Library, the Brooklyn Conservatory, and the Brooklyn Academy of Music among others. The building offers easy access to public transportation with the R, F and G subway lines only a short distance away.