Brooklyn luxury market just had its strongest week of 2018

Borough saw 30 contracts signed worth $2 million or more

TRD New York /
May.May 21, 2018 10:00 AM

450 Henry Street and 92 Amity Street

Brooklyn’s luxury market had its strongest showing of 2018 last week, with 30 contracts signed across 18 houses, 10 condominiums and two co-ops.

The deals went into contract for an average price of just under $3 million, and the total volume of the contracts was about $89 million, according to the latest report from Stribling & Associates. The listings spent an average of 79 days on the market.

The top two deals were both townhouses in Cobble Hill that went for the same price at slightly less than $6 million. The four-story home at 450 Henry Street contains six bedrooms and 4.5 bathrooms, while the townhouse at 92 Amity Street contains four bedrooms and spans 3,720 square feet. It is part of Fortis Property Group’s Polhemus Townhouse complex and includes private terraces on the penthouse and parlor levels.

Other notable deals last week included a limestone house in Park Slope at 555 1st Street for $5.5 million and a condo at 185 Plymouth Street in Dumbo for $5.4 million. – Eddie Small

Related Articles

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”

Brokerage firms are strategizing ways to make up losses after the cost of application fees was capped at $20. (Credit: iStock)

Brokerages on rental application fee cap: “It hurts”

Alex Rodriguez (Photos by Guerin Blask)

A-Rod is coming for NYC and SoFla real estate

There will be 70 agents based at the new office (Credit: iStock)

Compass opens Long Island City office as new-development sales surge

993 Fifth Avenue and Gilbert Harrison (Credit: Google Maps and GLC)

Retail exec sells Fifth Avenue co-op to Chanel heir for $19M

Long Island City, Queens (Credit: iStock)

Queens sale prices set record despite signs of trouble

239 Banker Street and, from left: Workable City's Sara Willard, Rabina Properties' Josh Rabina and Workable City's Adam Heller

Workable City, Rabina Properties pick up Greenpoint loft complex for $33M

The Daily Digest - Tuesday

New life for Toys “R” Us, Masa Son is “embarrassed” with the Vision Fund: Daily digest