The Real Deal New York

The Brooklyn luxury market just finished up a very slow week

Contracts were worth about $24.1M overall
December 10, 2018 11:00AM

190 Warren Street and 184 Kent Avenue in Brooklyn

There were just seven contracts signed in the Brooklyn luxury market last week, split between five townhouses and two condos.

The properties sold for about $24.1 million overall and went for an average price of roughly $3.5 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.

The figures were down from the week before, when the market saw 12 sales worth about $32.2 million overall.

The most expensive deal last week was for a townhouse at 190 Warren Street in Cobble Hill, which went for slightly less than $5 million. The property dates back to 1841 and has five bedrooms.

The second most expensive deal was for a condo at 184 Kent Avenue in Williamsburg, which sold for about $4.2 million. The unit has four bedrooms and spans 2,175 square feet.

Other major deals last week included a townhouse at 476 Second Street in Park Slope for $3.3 million and a condo at 66 North 3rd Street in Williamsburg for slightly less than $3 million. – Eddie Small