Brooklyn’s luxury market saw 13 contracts signed last week

Contracts were worth about $37M overall

TRD New York /
Apr.April 08, 2019 10:00 AM
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


Related Articles

arrow_forward_ios
Here are the week’s top luxury sales

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”

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

Here are the week’s top luxury sales
16 Sutton Place (Credit: Google Maps)

Sutton Place co-op in turmoil over terrace fees

Sutton Place co-op in turmoil over terrace fees
Molly Townsend (Getty, iStock)

Ex-Douglas Elliman sales manager Molly Townsend joins Triplemint

Ex-Douglas Elliman sales manager Molly Townsend joins Triplemint
New home listings in Manhattan are up for the 4th week in a row. Contract signings, not so much. (Getty; iStock)

Manhattan resi listings are up while contracts “limp along”

Manhattan resi listings are up while contracts “limp along”
The process for challenging property assessments is so antiquated, officials won’t do Zoom meetings. (iStock)

“A recipe for disaster”: Fighting property taxes in a pandemic

“A recipe for disaster”: Fighting property taxes in a pandemic
102 Prince Street and Jho Low (Credit: Modlin Group; Low by Michael Loccisano/Getty Images for New York Times)

Jho Low’s former Soho condo sells at a discount

Jho Low’s former Soho condo sells at a discount
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...