Brooklyn luxury market saw 14 contracts signed last week

Contracts were worth a total of about $33M

Apr.April 23, 2018 09:35 AM

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

Related Articles

(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

Bernie Sanders (Credit: Getty Images)

Bernie Sanders throws support behind New York rent-suspension bill

Web searches for terms including “homes for sale” are way down up north. (Credit: Pixabay)

Fewer Canadians are searching for homes online amid pandemic

Hometrack Managing Director David Ross and a view of Nottingham, England (Credit: Hometrack)

Demand for housing tanks in UK as buyers stay home

(Credit: iStock)

Stimulus deal buoys real estate stocks, but coronavirus maintains its grip

The Plaza Hotel, Sofitel New York at 45 West 44th Street and Le Bernardin at 155 West 51st Street (Credit: Yarl via Wikipedia Commons, Sofitel and Le Bernadin)

Mass layoffs claim jobs at the Plaza, Sofitel and Le Bernardin