Brooklyn luxury market saw 11 contracts signed last week

Contracts were worth about $29M overall

TRD New York /
Sep.September 04, 2018 10:32 AM

144 St James Place and 62 Montague Street in Brooklyn (Credit: Google Maps and Wikipedia)

The Brooklyn luxury market saw 11 contracts signed last week, split between seven houses, three condos and one co-op.

The properties sold for about $28.6 million overall and went for an average price of about $2.6 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.

This was the first time in three weeks that a unit at the Pierhouse in Brooklyn Heights was not the top sale and the first time in six weeks that a Pierhouse unit did not appear in the top two deals.

Last week was slower than the week before, when there were 14 contracts signed in the market for about $42.2 million.

A home in Clinton Hill at 144 St James Place topped the list last week with a sales price of $3.25 million. The home is an Italianate row house by George J. Bennett and has been in the same family for almost 50 years.

The second priciest deal last week was for a co-op at 62 Montague Street in Brooklyn Heights, which went for just under $3 million. The property is a three-bedroom unit but includes a den that can be converted into a fourth bedroom.

Other notable deals last week included a condo at 208 Java Street in Greenpoint for $2.5 million and a house at 697 Jefferson Avenue in Bedford-Stuyvesant for $2.3 million. – Eddie Small


Related Articles

arrow_forward_ios
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”

Here are the week’s top luxury sales

Here are the week’s top luxury sales

Michelle Williams and Tommy Kail and their Brooklyn Heights townhouse (Credit: Getty Images, Google Maps)

Michelle Williams, Tommy Kail buy $10.8M home in Brooklyn Heights

Keeping lawns freshly cut and outdoor spaces in tip-top shape could result in greater rewards for sellers. (Credit: iStock, IMDB)

Curb your enthusiasm: Homes with spruced-up outsides sell at premium

Elsa Segura (left) was arrested in connection to realtor Monique Baugh's (right) murder (Credit: iStock)

Second suspect charged in real estate agent’s abduction, murder

Clockwise from top left: John Gomes, Ronita Kalra, Eric Beniam and McKenzie Ryan (Credit: Getty Images, iStock, Wikipedia)

“We’re putting ourselves in situations where anything is possible”: Real estate agent’s killing rattles industry

Sarah Jessica Parker and Matthew Broderick's townhouse is on Charles Street (Credit: Getty Images, Google Maps)

Sarah Jessica Parker, Matthew Broderick shopping $19M townhouse

arrow_forward_ios
Loading...