Brooklyn luxury market saw 14 contracts signed last week

Contracts were worth about $43M overall

New York /
Jul.July 16, 2018 09:30 AM

20 South Oxford Street and 359 Bergen Street in Brooklyn (Credit: Zumper and Hotpads)

The Brooklyn luxury market saw 14 contracts signed last week, split between nine houses, four condos and one co-op.

The properties went into contract with a combined asking price of $43.5 million overall and went for an average price of about $3.1 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 slower than the week prior, when 16 contracts in the borough were signed for about $49.75 million.

The largest deal last week was for a house in Fort Greene at 20 South Oxford Street, which was last asking $4.5 million. The four-bedroom, three-bathroom home was built in 1864, and its amenities include five fireplaces and a garden.

The second most expensive deal was for a house in Park Slope at 359 Bergen Street, which went with a listing price of $4 million. The two-family home contains a five-bedroom triplex and a garden floor two-bedroom.

Other notable deals last week included a condo at 535 Dean Street in Prospect Heights that went for slightly less than $4 million and a co-op at 178 Hicks Street in Brooklyn Heights that went for about $3.5 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
eXp CEO Glenn Sanford (eXp, iStock)
Virtual broker eXp Realty has another record quarter
Virtual broker eXp Realty has another record quarter
RSA's Joseph Strasburg and Judge Lawrence Marks (Getty, Strasburg via Jeffersons Siegel)
Landlord group challenges state eviction ban
Landlord group challenges state eviction ban
Redfin CEO Glenn Kelman (Getty, Redfin)
Pocket listings exclude minority homebuyers, Redfin CEO says
Pocket listings exclude minority homebuyers, Redfin CEO says
(378 West End, 300 West and 567 Ocean Avenue, Getty)
April was best month for new condo sales in 5 years
April was best month for new condo sales in 5 years
As the economy rebounds, rental prices are following suit. With the eviction ban recently overturned, that spells trouble for tenants who are struggling to make ends meet. (iStock)
Rents rise across country as economy rebounds
Rents rise across country as economy rebounds
arrow_forward_ios

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

Loading...