Brooklyn luxury market saw 21 contracts signed to close out June

Contracts were worth about $56M overall

TRD New York /
Jul.July 02, 2018 09:45 AM

1 Grace Court and 507 4th Street in Brooklyn (Credit: Google Maps)

The Brooklyn luxury market saw 21 contracts signed during the last week of June, split between 11 houses, eight condos and two co-ops.

The properties sold for about $55.9 million overall and went for an average price of about $2.7 million, according to the latest report from Stribling & Associates. The firm defines the borough’s luxury market as all homes priced at $2 million or higher.

Last week was a significantly busier week than the prior week, when 14 contracts in the borough were signed for about $40.4 million.

Last week’s largest deal was for a co-op in Brooklyn Heights at 1 Grace Court, which went for about $4.6 million. The five-bedroom unit includes a double living room with a wood-burning fireplace, a formal dining room and an eat-in kitchen.

The second most expensive deal was for a townhouse in Park Slope at 507 Fourth Street, which went for about $3.9 million. The townhouse is 19 feet wide and configured as an upper triplex, a one-bedroom garden floor apartment and a full basement.

Other notable deals last week included a house at 191 8th Street in Gowanus that sold for about $3.8 million and a condo at 145 President Street in Carroll Gardens that went for about $2.7 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
ButterflyMX CEO Cyrus Claffey (iStock; ButterflyMX)

ButterflyMX raises $35M to grow smart-intercom business

ButterflyMX raises $35M to grow smart-intercom business
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
arrow_forward_ios

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

Loading...