The Real Deal New York

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

Contracts were worth about $47M overall
October 29, 2018 11:00AM

130 6th Avenue (top) and 103 St James Place (bottom)

The Brooklyn luxury market picked up slightly last week by sales volume but dropped slightly by dollar volume.

The market saw 17 contracts signed overall, split between 13 houses and four condos. The properties sold for about $46.8 million and went for an average price of roughly $2.75 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.

Last week marked an increase by sales volume but a decrease by dollar volume from the week before, when 16 properties traded for about $48.6 million.

The most expensive deal last week was for a house at 103 St. James Place in Clinton Hill, which went for $3.8 million. The seven-bedroom property is an upper triplex and garden apartment spanning about 3,400 square feet.

The second most expensive deal was for a house at 130 6th Avenue in Park Slope, which went for about $3.5 million. The property is a two-family brownstone spanning 4,000 square feet with five bedrooms.

Other major deals last week included a house at 185 Dean Street in Boerum Hill that sold for $3.15 million and a condo at 67 Livingston Street in Brooklyn Heights that sold for about $2.8 million. – Eddie Small