The Real Deal New York

Here’s what the Brooklyn luxury market looked like last week

Contracts were worth about $40M overall
October 15, 2018 11:10AM

174 Clinton Street and 256 Carlton Avenue in Brooklyn

The Brooklyn luxury market was fairly slow last week with 12 contracts signed in the borough, split between nine townhouses and three condominiums.

The properties sold for about $40.4 million overall and went for an average price of about $3.4 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 decrease from the week before, when 15 properties traded for about $50.2 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 six-bedroom home is located in the Brooklyn Heights Historic District and spans about 3,200 square feet.

The second most expensive deal was for a house at 256 Carlton Avenue in Fort Greene, which went for slightly less than $4 million. The Italianate house was built in 1866 and contains five bedrooms across 4,200 square feet.

Interior photos of 174 Clinton Street and 256 Carlton Avenue in Brooklyn

Other major deals last week included a condo at 85 North 3rd Street in Williamsburg that sold for $2.85 million and a townhouse at 284 7th Street in Park Slope that sold for about $2.8 million. – Eddie Small