The Real Deal New York

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

Luxury contracts were worth about $36M overall last week
September 17, 2018 11:30AM

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