The Real Deal New York

Brooklyn luxury market saw 11 contracts signed last week

Units went for average price of about $3.3M
April 02, 2018 09:31AM

31 Tompkins Place and 897 Union Street

31 Tompkins Place and 897 Union Street

There were 11 contracts signed last week in Brooklyn’s luxury real estate market, split between five condominiums and six houses.

The deals between March 26 and April 1 worth $2 million or more went for an average price of just over $3.3 million, and the total contract volume was about $36.5 million, according to the weekly report from Stribling & Associates. The priciest contract was a home in Cobble Hill at 31 Tompkins Place that went for $6.3 million. The house has 4,000 square feet of interior space, a 57-foot landscaped garden and a fireplace.

The second most expensive deal was a house in Park Slope at 897 Union Street that went for about $4.2 million. Architect Alfred White built it in 1889 in the Queen Anne and Romanesque style. It spans about 3,800 square feet and is currently designed as a four-bedroom one-family home but could also be converted into a two-family home.

Last week was significantly slower than the week before, when 21 contracts were signed in the Brooklyn luxury market.

Other large deals last week were a condo at 238 Carroll Street in Carroll Gardens for $3.7 million, a condo at 345 Carroll Street in Gowanus for about $3.6 million and a house at 232 Carlton Avenue in Fort Greene for just under $3 million. – Eddie Small