Crossword Genius

Exquisite brownstone the realtor takes on (8)

Ross

I believe the answer is:

ethereal

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'on' is the definition.
Both the definition and answer are adjectives. Maybe they are linked in a way I don't understand?

'exquisite brownstone the realtor takes' is the wordplay.
'takes' indicates a hidden word (I've seen 'taking' mean this (the answer is carried or taken by the clue)).
'ETHEREAL' is hidden in the letters of 'exquisite brownstone the realtor'.

Can you help me to learn more?

(Other definitions for ethereal that I've seen before include "Delicate and perfect" , "'Fairy-like, delicate (8)'" , "gossamer" , "Sublime" , "Warm approval" .)

I've seen this clue in The Independent.
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