Brooklyn luxury market saw 21 contracts signed to close out June

Contracts were worth about $56M overall

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
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”
From left: Michael Dell with 25 Water Street, Alex Sapir with 261 Madison Avenue and Marc Holiday with One Madison Avenue (Getty, Edge Funds, Sapir Organization, SL Green)
Office properties (yes, office!) got Manhattan’s biggest December loans
Office properties (yes, office!) got Manhattan’s biggest December loans
Joe Tsai with 220 Central Park South, Vlad Doronin with 730 Fifth Avenue, Paul Allen with 4 East 66th Street, Michael Stern with 111 57th Street
Here are NYC’s 10 priciest homes of 2022
Here are NYC’s 10 priciest homes of 2022
Reed and Delphine Krakoff along with 54 East 64th Street (Getty, Google Maps)
Fashion bigwig sells townhouse for $36M after two price cuts
Fashion bigwig sells townhouse for $36M after two price cuts
Ian Bruce Eichner, 45 East 22nd Street
Eichner’s Madison Square Park saga enters final act
Eichner’s Madison Square Park saga enters final act
Piofrancesco Borghetti with 15 Central Park West (Getty)
Convicted cosmetics mogul relists 15 CPW pad with another price cut
Convicted cosmetics mogul relists 15 CPW pad with another price cut
188 Nelson Street and 483 13th Street
Zero deals signed for $4M homes in Brooklyn last week
Zero deals signed for $4M homes in Brooklyn last week
944 Fifth Avenue and Central Park Tower at 217 West 57th Street
Central Park Tower condo tops Manhattan luxury contracts
Central Park Tower condo tops Manhattan luxury contracts
arrow_forward_ios

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

Loading...