The Real Deal New York

Brooklyn luxury market saw 19 contracts signed last week

Borough saw seven condo deals and 12 house deals worth about $63M in total
June 04, 2018 10:00AM

9 College Place and 360 Furman Street

The Brooklyn luxury market kicked off June with 19 signed contracts, split between 12 houses and seven condominium units.

Brooklyn properties worth $2 million or more went into contract for an average price of about $3.3 million and spent an average of 142 days on the market between May 28 and June 3, according to the latest report from Stribling & Associates. The total sales volume was about $62.8 million.

This was a slower week than the week prior, when the market saw 24 signed contracts for a total of about $75.4 million.

The top deal of last week was for a condo at 9 College Place in Brooklyn Heights, which sold for about $6.6 million. The five-bedroom home includes two parking spots, and the building features a rec room and bike storage.

The second most expensive deal was a condo at 360 Furman Street, also in Brooklyn Heights, which sold for slightly less than $5 million. The four-bedroom unit spans 3,500 square feet, and building amenities include a yoga studio, an indoor virtual golf and driving range, and a gym.

Other notable deals from last week include a home at 39 South Portland Avenue in Fort Greene that sold for about $4.7 million and a home at 72 Devoe Street in Williamsburg that sold for $3.2 million. – Eddie Small