Brooklyn luxury market saw 19 contracts signed last week

Contracts were worth a total of about $63M

TRD New York /
Apr.April 30, 2018 09:39 AM

6 Grace Court Alley

The Brooklyn luxury market had its priciest week of April last week, with 19 contracts signed for a total of about $63.4 million.

The deals between April 23 and April 29 worth $2 million or more were split between nine condo deals and 10 house deals, according to the latest report from Stribling & Associates.

The properties went for an average price of about $3.3 million.

The priciest deal was for a single-family townhouse in Brooklyn Heights at 6 Grace Court Alley, which went for just under $8.5 million. The four-story five-bedroom property spans 5,200 square feet and recently underwent a massive renovation that included a central skylight and multiple fireplaces.

Second place went to a house in Park Slope at 542 1st Street, which sold for just under $5.4 million. The 4,610-square-foot home is 20 feet wide and stands four stories tall with six bedrooms.

Last week’s luxury market saw more deals and much more dollar volume than the prior week, when 14 contracts were signed for about $33.3 million overall.

Other notable deals last week included the sale of a home at 465 State Street in Downtown Brooklyn for about $5.3 million and the sale of a condo in Boerum Hill at 203 Bergen Street for just under $3.6 million. – Eddie Small


Related Article

arrow_forward_ios
Clockwise from left: John D. Rockefeller, Izzy Englander, Steven Mnuchin, David Koch, Jacqueline Bouvier, and William Zeckendorf (Credit: Getty Images and StreetEasy)

For 15 years, David Koch lived at the world’s “richest building”

Clutter CEO and co-founder Ari Mir, and clockwise from left: 280 Fullerton Avenue, 1 Holland Avenue, 3046 Northern Boulevard and 5601 Foster Avenue (Credit: Linkedin, Google Maps)

Self-storage startup Clutter makes its first real estate play with $152M deal

Governor Andrew Cuomo and Senator James Skoufis (Credit: Getty Images, NY Senate)

Owners of some residential properties can’t hide behind
LLCs anymore

145-65 Wolcott Street in Brooklyn, 3428 Park Avenue in the Bronx and 20 East 35th Street (Credit: Google Maps)

Here’s what the $10M-$30M NYC investment sales market looked like last week

565 Broome Street (Credit: iStock and 565 Broome Street)

Only in Manhattan? Luxury condo owner files “class action” because unit doesn’t have a wine cooler

Clockwise from top left: 3860 Nostrand Avenue in Brooklyn, 50 Manhattan Avenue and 250 and 254 West 23rd Street (Credit: Google Maps)

Here’s what the $10M-$30M NYC investment sales market looked like last week

Aggressive iBuyer Opendoor acquires title and escrow company

From left: 220 Park Avenue South, 15 Central Park West, 520 Park Avenue, 35 Hudson Yards, Sting, Juan Beckmann Vidal, Daniel Och, Bob Diamond, and Stephen Ross (Credit: Getty Images, Wikipedia, StreeEasy, and Google Maps)

Serial buyers trade “old” condos for new on Billionaires’ Row

arrow_forward_ios