Peerless Pierhouse: condo once again takes top spot for priciest contract signed in BK

Luxury contracts were worth about $36M overall last week

New York /
Sep.September 17, 2018 11:30 AM

130 Furman Street (the Pierhouse) and 246 Bergen Street in Brooklyn (Credit: Pierhouse NY and Realtor)

The Brooklyn luxury market saw 11 contracts signed last week for the third week in a row, split between seven houses, three condos and one co-op.

The properties sold for about $35.7 million overall and went for an average price of about $3.2 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.

Dollar volume was lower the week before, at about $27.3 million across the 11 properties.

A condo at the Pierhouse was back at No. 1 last week. It sold for $6.25 million and spans about 4,600 square feet with four bedrooms and 2.5 bathrooms. Units at the luxury condo complex were in one of the top two spots for six consecutive weeks earlier this summer.

The second priciest deal last week was for a home in Boerum Hill at 246 Bergen Street, which went for just under $5 million. The three-story townhouse includes a Viking stove and multiple wood burning fireplaces.

Other notable deals last week included a home at 22 Cheever Place in Cobble Hill for just under $3 million and a co-op at 161 Henry Street in Brooklyn Heights for $2.65 million. – Eddie Small


Related Articles

arrow_forward_ios
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
Howard Lorber (iStock, Getty)
Elliman reports $14M quarterly profit, 65% revenue jump
Elliman reports $14M quarterly profit, 65% revenue jump
Judith Nathan, Rudy Giuliani and 353 Lopers Path in Water Mill (Getty, Google Maps)
Rudy Giuliani’s ex-wife sells Hampton home for $5M
Rudy Giuliani’s ex-wife sells Hampton home for $5M
Of the 110 metro areas with at least half a million people, 29 saw losses in 2020. (iStock)
More urban areas lost population in 2020
More urban areas lost population in 2020
arrow_forward_ios

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

Loading...