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Brooklyn luxury market had 13 signed contracts last week
Deals were split between seven condos and six houses
The Brooklyn luxury market saw 13 contracts signed during the second week of May worth a total of about $37.7 million.
The deals between May 7 and May 13 worth $2 million or more were split between seven condos and six houses, with no co-ops making the cut this time, according to the latest report from Stribling & Associates. The deals went for an average price of about $2.9 million and spent an average of 161 days on the market.
The priciest deal last week was for a townhouse in Brooklyn Heights at 4 Hunts Lane, which went for roughly $5.4 million. The three-bedroom home contains a large basement with a separate office, and this was the first time it had been on the market in 26 years.
The second most expensive deal was for a townhouse in Park Slope at 418 4th Street, which went for about $3.5 million. The townhouse was built in 1901 and includes a landscaped backyard.
The market was slightly slower last week than the week before, when 17 contracts were signed for about $58.7 million overall.
Other notable deals last week included a condo at 1 Grand Army Plaza in Prospect Heights for about $3.3 million and a home in Fort Greene for 232 Carlton Avenue that last listed for just under $3 million. – Eddie Small