Brooklyn luxury market just had its strongest week of 2018

Borough saw 30 contracts signed worth $2 million or more

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


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