The Real Deal New York

House sales dominated Brooklyn’s luxury market last week

Contracts were worth about $24M overall
September 24, 2018 01:15PM

77 2nd Place and 632 Baltic Street in Brooklyn (Credit: Google Maps and VHT Studios)

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

The properties sold for about $23.6 million overall and went for an average price of about $2.9 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 markedly slower than the week before, when 11 properties traded for a total of about $35.7 million.

A house at 77 2nd Place in Carroll Gardens that sold for about $4.8 million topped last week’s list. The three-family brownstone spans about 4,250 square feet across four stories and is set up as an owner’s lower duplex along with 1,078 square feet of finished space in the basement.

The second priciest deal last week was for a house in Park Slope at 632 Baltic Street, which went for $3.5 million. The two-family home spans 4,200 square feet and contains six bedrooms.

Other notable deals last week included a co-op at 142 Columbia Heights in Brooklyn Heights for $2.25 million and a house at 1237 83rd Street in Dyker Heights for about $2.6 million. – Eddie Small