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

arrow_forward_ios
Here are the week’s top luxury sales

Here are the week’s top luxury sales

Here are the week’s top luxury sales
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”

For 15 years, David Koch lived at the world’s “richest building”
Here are the week’s top luxury sales

Here are the week’s top luxury sales

Here are the week’s top luxury sales
76 Schermerhorn Street and 378 5th Street in Brooklyn (Photos via The Symon and StreetEasy)

It’s just one week, but Brooklyn luxury contract signings fell 50%

It’s just one week, but Brooklyn luxury contract signings fell 50%
565 Broome Street and 35 North Moore Street (Photos via 565BroomeSoHo and Google Maps)

Manhattan sees highest number of luxury contracts signed since early March

Manhattan sees highest number of luxury contracts signed since early March
(Photo courtesy of Winkworth)

London’s so-called skinniest home hits the market

London’s so-called skinniest home hits the market
(iStock)

Déjà vu: New home sales hit 14-year high in August

Déjà vu: New home sales hit 14-year high in August
Housing and Urban Development secretary Ben Carson (Getty; iStock)

CoreLogic’s screening algorithm may have discriminated against renters: lawsuit

CoreLogic’s screening algorithm may have discriminated against renters: lawsuit
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...