The Real Deal New York

Brooklyn luxury market saw 19 contracts signed last week

Contracts were worth a total of about $63M
April 30, 2018 09:39AM

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