The Real Deal New York

Brooklyn luxury market saw 14 contracts signed last week

Contracts were worth a total of about $33M
April 23, 2018 09:35AM

366 8th Street and 122 St Marks Place

There were 14 contracts signed last week in Brooklyn’s luxury real estate market, almost all of which were for houses.

The deals between April 16 and April 22 worth $2 million or more consisted of just one co-op deal and two condominium deals. The remaining 11 deals were all for houses, according to the latest report from Stribling & Associates.

The properties went for an average price of about $2.4 million, and the total contract volume was about $33.3 million.

The priciest deal was for a single-family townhouse in Park Slope at 366 8th Street, which went for just under $3.4 million. The three-story property contains six bedrooms and was renovated in 2012.

Second place also went to a house in Park Slope at 122 St Marks Place, which sold for just under $3 million. The home has 6.5 bedrooms and spans 2,700 square feet.

Last week’s luxury market saw less activity than the prior week, when 18 deals were signed for about $51.2 million overall. There was slightly more contract activity than the week before, when 14 deals were signed for about $42.5 million overall.

The sole luxury co-op deal in Brooklyn was at 135 Eastern Parkway in Prospect Heights, where unit 9G went into contract for about $2.4 million. The condo deals took place at 184 India Street in Greenpoint, where a unit went for about $2.2 million, and at 280 St Marks Avenue in Prospect Heights, where a unit went for about $2 million. – Eddie Small