Brooklyn luxury market saw 19 contracts signed last week

Contracts were worth about $57M overall

New York /
Aug.August 16, 2018 12:30 PM

90 Furman Street (top) and 212 Eighth Avenue (bottom) in Brooklyn (Credit: Toll Brothers and VHT)

The Brooklyn luxury market saw 19 contracts signed last week, split between 15 houses, three condos and one co-op.

The properties sold for about $56.9 million overall and went for an average price of about $3 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 stronger than the week before, when there were 16 contracts were signed in the market for about $47.8 million.

The largest deal last week was for a condo in Brooklyn Heights at the Pierhouse complex, which went for $5.95 million. This marked the fourth week in a row that one of the development’s units took one of the top two spots. This deal was for a four-bedroom, three-bathroom unit spanning about 3,700 square feet.

The second priciest deal last week was for a house at 212 Eighth Avenue in Park Slope, which went for $4.5 million. The 16-room brownstone was built in 1894 and spans 4,500 square feet.

Other notable deals last week included a house at 31 Cranberry Street in Brooklyn Heights, which went for $3.85 million, and a house at 215 Dean Street in Boerum Hill, which 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
Steven Mnuchin and 740 Park Avenue (Getty, Google Maps)
Steven Mnuchin’s $26M home finally finds a buyer
Steven Mnuchin’s $26M home finally finds a buyer
Robert Millard and 9 East 88th Street (MIT Corp, Google Maps)
Former Lehman exec lists Carnegie Hill mansion for $38M
Former Lehman exec lists Carnegie Hill mansion for $38M
April’s occupancy levels climbed to 61.6 percent, above March’s 60.9 percent. (iStock)
Demand for short-term rentals surges past pre-pandemic levels
Demand for short-term rentals surges past pre-pandemic levels
Cape Cod and the Jersey Shore suffered among the sharpest inventory declines. (iStock)
Here’s where homes virtually sold out in the pandemic
Here’s where homes virtually sold out in the pandemic
1384 Meadow Lane
The 20 priciest Hamptons sales this year
The 20 priciest Hamptons sales this year
arrow_forward_ios

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

Loading...