The Real Deal New York

Brooklyn’s luxury market saw a contract signed for the priciest-ever DoBro condo

Contracts were worth about $32.2M overall last week: Stribling
December 03, 2018 10:30AM

From left: 459 Carroll Street and 138 Willoughby Street in Brooklyn

There were 12 contracts signed in the Brooklyn luxury market last week, split between six townhouses, five condos and one co-op.

The properties sold for about $32.2 million overall and went for an average price of roughly $2.7 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.

Building volume stayed the same as the week before at 12, but dollar volume was much higher that week at about $40.1 million.

The most expensive deal last week was for a condo at 459 Carroll Street in Gowanus, which went for $3.6 million. The three-bedroom unit spans 3,300 square feet.

The second most expensive deal was for a condo at 138 Willoughby Street in Downtown Brooklyn, which sold for about $3.55 million. The unit also has three bedrooms and spans 1,455 square feet, and if the sale closes at its contract price, it will mark the most expensive condo sale Downtown Brooklyn has yet seen.

Other major deals last week included a co-op at 56 Willow Street in Brooklyn Heights for $2.95 million and a townhouse at 370 Adelphi Street in Fort Greene for about $2.53 million. – Eddie Small