Brooklyn luxury market saw 14 contracts signed last week

Contracts were worth about $40M overall

Jun.June 25, 2018 10:15 AM

331 8th Street and 171 Garfield Place (Credit: Dwell Residential and 171 Garfield Place)

There were 14 contracts signed in Brooklyn’s luxury market last week, split between four condominiums and 10 houses.

The properties sold with a cumulative listing price of $40.4 million overall and went for an average price of about $2.9 million, according to the latest report from Stribling & Associates.  The firm defines Brooklyn’s luxury market as all homes priced at $2 million or more.

This was a slower week than the prior one, when 17 contracts were signed for about $54.9 million overall.

Last week’s largest deal was for a townhouse in Park Slope at 171 Garfield Place that sold for $3.9 million. The home’s garden level features a wet bar and office, while the parlor level has a kitchen, living room and dining room. The basement features a rock climbing wall and a home theater.

The second largest deal was also for a townhouse in Park Slope at 331 8th Street, which sold for $3.8 million. The house is 18 feet wide and includes four bedrooms, three bathrooms and outdoor space.

Other notable deals last week included a condo at 9 College Place in Brooklyn Heights that sold for slightly more than $3.5 million and a home at 280 Carroll Street in Gowanus that sold for $3.5 million. – Eddie Small

Related Articles

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”

Here are the week’s top luxury sales

Here are the week’s top luxury sales

781 Fifth Avenue (Credit: StreetEasy, Beyond My Ken via Wikipedia)

Full-floor Sherry-Netherland pad relists — at nearly half its 2015 ask

Hovnanian Enterprises CEO Ara Hovnanian and 292-294 West 4th Street

Big names, big properties, big price: $26M for Village homes

(Illustration by Dave Murray)

The squeeze on resi brokerages is forcing consolidation, cooperation

Linda Ellerbee and 17 St. Luke’s Place

Famed journalist and singer unload their New York City homes

From left: 55 East 74th Street, 9 East 82nd Street, 1 Central Park South, 78 Irving Place with Adam Neumann and 111 West 57th Street (Credit: StreetEasy, Wikipedia, Getty Images)

Adam Neumann’s triplex, Russians’ Plaza pad were priciest homes listed last week