The Real Deal New York

Brooklyn luxury market saw 12 contracts signed last week

Contracts were worth about $45M overall
July 23, 2018 10:30AM

13 Monroe Place and 130 Furman Street in Brooklyn (Credit: Brown Harris Stevens and Tectonic via Curbed NY)

The Brooklyn luxury market saw 12 contracts signed last week, split between eight houses and four condominiums.

The properties sold for about $45.4 million overall and went for an average price of about $3.8 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 before by contract volume but higher by dollar volume. Between July 9 and July 15, the borough saw 14 contracts signed for about $43.5 million.

The largest deal last week was for a house in Brooklyn Heights at 13 Monroe Place, which went for $10.5 million. The five-story home spans about 5,900 square feet with six bedrooms, two decks and gardens in the front and rear.

The second most expensive deal was for a condo in Brooklyn Heights at 130 Furman Street that went for about $7.5 million. The unit contains five bedrooms and four bathrooms and spans 4,885 square feet.

Other notable deals last week included a house at 359 Bergen Street in Park Slope that went for $4 million and a house at 187 Washington Park in Fort Greene that went for $3.6 million. – Eddie Small