Brooklyn’s luxury market saw 13 contracts signed last week

Contracts were worth about $37M overall
April 08, 2019 10:00AM

633 2nd Street and 44 Willow Place in Brooklyn (Credit: Google Maps)

633 2nd Street and 44 Willow Place in Brooklyn (Credit: Google Maps)

There were 13 contracts signed in Brooklyn’s luxury market last week for a total of about $36.9 million.

The properties were split between nine townhouses and four condominiums, and they went for an average price of about $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.

Contract volume was the same as the week before, but dollar volume dropped from about $42.8 million.

The most expensive deal last week was for a townhouse at 633 2nd Street in Park Slope, which went for slightly less than $5 million. The six-bedroom home spans about 4,100 square feet across three stories and includes a working fireplace.

The second most expensive deal was for a townhouse in Brooklyn Heights at 44 Willow Place, which sold for $3.4 million. The home consists of two duplex apartments and spans about 2,730 square feet. It went into contract at a 13 percent discount from its original asking price.

Other deals last week included a townhouse at 77 North 7th Street in Williamsburg for $3.35 million and a condo at 78 Amity Street in Cobble Hill for about $2.6 million. – Eddie Small