Townhouse contracts dominated Brooklyn luxury market last week

Contracts were worth about $31M overall

TRD New York /
Nov.November 05, 2018 11:05 AM

120 Congress Street in Brooklyn

There were 11 contracts signed in the Brooklyn luxury market last week, split between 10 townhouses and one condo.

The properties sold for about $30.8 million overall and went for an average price of roughly $2.8 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 was slower than the week before, when 17 contracts were signed for about $46.8 million.

The most expensive deal last week was for a house at 120 Congress Street in Cobble Hill, which went for $4.9 million. The four-bedroom property spans 4,500 square feet and includes four outdoor spaces: a deck, a patio and a pair of terraces on the top floor.

540 8th Street in Brooklyn

The second most expensive deal was for a house at 540 8th Street in Park Slope, which went for $3.25 million. The two-family home spans about 3,000 square feet with five bedrooms and could be converted into a single-family home as well.

Other major deals last week included a house at 351 Sackett Street in Carroll Gardens that sold for $3.15 million and a condo at 694 Degraw Street in Park Slope that sold for about $2.2 million. – Eddie Small


Related Articles

arrow_forward_ios
Here are the week’s top luxury sales

Here are the week’s top luxury sales

Clockwise from left: John D. Rockefeller, Izzy Englander, Steven Mnuchin, David Koch, Jacqueline Bouvier, and William Zeckendorf (Credit: Getty Images and StreetEasy)

For 15 years, David Koch lived at the world’s “richest building”

Here are the week’s top luxury sales

Here are the week’s top luxury sales

Michelle Williams and Tommy Kail and their Brooklyn Heights townhouse (Credit: Getty Images, Google Maps)

Michelle Williams, Tommy Kail buy $10.8M home in Brooklyn Heights

Keeping lawns freshly cut and outdoor spaces in tip-top shape could result in greater rewards for sellers. (Credit: iStock, IMDB)

Curb your enthusiasm: Homes with spruced-up outsides sell at premium

Elsa Segura (left) was arrested in connection to realtor Monique Baugh's (right) murder (Credit: iStock)

Second suspect charged in real estate agent’s abduction, murder

Clockwise from top left: John Gomes, Ronita Kalra, Eric Beniam and McKenzie Ryan (Credit: Getty Images, iStock, Wikipedia)

“We’re putting ourselves in situations where anything is possible”: Real estate agent’s killing rattles industry

Sarah Jessica Parker and Matthew Broderick's townhouse is on Charles Street (Credit: Getty Images, Google Maps)

Sarah Jessica Parker, Matthew Broderick shopping $19M townhouse

arrow_forward_ios
Loading...