The Real Deal New York

Brooklyn luxury market saw 22 contracts inked last week

Top deal was for a Williamsburg condo
June 11, 2018 10:00AM

113 N 9th Street and 37 Montgomery Place in Brooklyn

Brooklyn’s luxury real estate market saw 22 contracts signed during the first full week of June, split between six condominiums and 16 houses.

The properties sold for a total of about $62.7 million and went for an average price of about $2.8 million, according to the latest report from Stribling & Associates.  The homes spent an average of 135 days on the market.

This was a slightly busier week than the prior one, when 19 contracts for $2 million or more were signed. Dollar volume last week was virtually the same at $62.8 million.

The top deal last week was for a condo at 113 North 9th Street in Williamsburg, which was last asking $5.5 million. The residence spans 2,975 square feet with four bedrooms and an outdoor terrace.

The second highest sale of the week was a tie between two $4 million deals: a townhouse in Park Slope at 37 Montgomery Place and a townhouse in Park Slope at 548 2nd Street.

Other notable deals included a home at 328 Greene Avenue in Bedford-Stuyvesant for about $3 million and a condo at 823 Classon Avenue in Crown Heights for about $2.9 million. – Eddie Small