Brooklyn’s luxury market saw 13 contracts signed last week

Contracts were worth about $43M overall

TRD NEW YORK /
Apr.April 01, 2019 09:30 AM
225 Kane Street and 130 Furman Street in Brooklyn

225 Kane Street and 130 Furman Street in Brooklyn

There were 13 contracts signed in Brooklyn’s luxury market last week for a total of about $42.8 million.

The properties were split between seven condominiums, five townhouses and one co-op, and they went for an average price of about $3.3 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.

Contract and dollar volume were both down slightly from the week before, when the market saw 16 contracts signed for about $45.6 million.

The most expensive deal last week was for a townhouse at 225 Kane Street in Cobble Hill, which went for $5.5 million. The six-bedroom home spans 3,900 square feet and includes a large garden and marble fireplaces.

The second most expensive deal was for a Pierhouse condo in Brooklyn Heights at 130 Furman Street, which sold for about $5.4 million. The five-bedroom unit spans about 4,700 square feet and went for a 25 percent discount from its initial asking price.

Other deals last week included a condo at 613 Baltic Street in Park Slope for $3.85 million and a co-op at 261 Garfield Place in Park Slope for about $3.4 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

From left: 55 East 74th Street, 9 East 82nd Street, 1 Central Park South, 78 Irving Place with Adam Neumann and 111 West 57th Street (Credit: StreetEasy, Wikipedia, Getty Images)

Adam Neumann’s triplex, Russians’ Plaza pad were priciest homes listed last week

2790 West 5th Street in Coney Island (Credit: Google Maps)

Brooklyn man arrested for claiming to help victims buy Mitchell-Lama apartments

3 East 69th Street and 252 East 57th Street 

With asking prices in freefall, luxury market sees strong week

Keller Williams CEO Gary Keller

Keller Williams will cut off agents who leave

Wall Street bonus season is the stuff home sellers’ dreams, as they picture eager buyers armed with hefty bonus checks and willing to pay top price. But in a buyer’s market that vision may be more like a mirage (Credit: iStock)

Here’s what Wall Street bonus season means for real estate this year

arrow_forward_ios
Loading...