Activity picked up in the Brooklyn luxury market last week with 13 contracts signed in the borough, split between eight houses and five condos.
The properties sold for about $41.5 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.
This was a substantial increase from the week before, when just eight properties traded for about $23.6 million.
The most expensive deal last week was for a house at 174 Clinton Street in Brooklyn Heights, which went for slightly less than $8 million. The home contains six bedrooms and three baths, and it is located in the neighborhood’s historic district.
The second most expensive deal was for a house at 180 St. Marks Avenue in Prospect Heights, which went for $3.85 million. The two-family brownstone spans 4,000 square feet and includes a one-bedroom apartment on the ground floor.
Other major deals last week included a house at 424 Atlantic Avenue in Boerum Hill that sold for about $3.3 million and a Pierhouse condo that sold for $3.3 million. Although this deal continued the strong summer the Pierhouse was having, it didn’t make the cut for the top spot. – Eddie Small