In Brooklyn’s luxury market, 14 contracts closed above $2M last week: Stribling

Contracts were worth about $50M overall

TRD New York /
May.May 06, 2019 11:00 AM
270 Henry Street & 48 Tompkins Place in Brooklyn (Credit: Google Maps)

270 Henry Street & 48 Tompkins Place in Brooklyn (Credit: Google Maps)

There were 14 contracts signed in Brooklyn’s luxury market last week worth about $49.9 million overall.

The properties were split between nine townhouses, four condos and one co-op, and they went for an average price of about $3.56 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.

While total sales stayed flat, dollar volume was up from the week before, which saw 14 contracts signed for about $41.5 million.

The most expensive deal last week was for a townhouse at 270 Henry Street in Brooklyn Heights, which went for $7.995 million. The five-story, two-family home spans about 5,700 square feet and was maintained and restored with original details from its construction in 1840, including ceiling medallions and brass chandeliers.

The second priciest deal was a townhouse at 48 Tompkins Place in Cobble Hill, which went for about $6.8 million. The four-bedroom home comes with 12-foot ceilings and 10-foot sliding barn-style doors, and went into contract for its original listing price.

Other deals last week included a townhouse at 288 Sixth Avenue in Park Slope for $3.85 million and a townhouse at 56 2 Place in Caroll Gardens for $3.795 million. — Kevin Sun


Related Articles

arrow_forward_ios
565 Broome Street and 35 North Moore Street (Photos via 565BroomeSoHo and Google Maps)

Manhattan sees highest number of luxury contracts signed since early March

Manhattan sees highest number of luxury contracts signed since early March
(Photo courtesy of Winkworth)

London’s so-called skinniest home hits the market

London’s so-called skinniest home hits the market
(iStock)

Déjà vu: New home sales hit 14-year high in August

Déjà vu: New home sales hit 14-year high in August
Housing and Urban Development secretary Ben Carson (Getty; iStock)

CoreLogic’s screening algorithm may have discriminated against renters: lawsuit

CoreLogic’s screening algorithm may have discriminated against renters: lawsuit
220 Central Park South with Louise Sunshine and Steve Roth (Google Maps, Getty)

Another 220 Central Park South condo trades for over $10K psf

Another 220 Central Park South condo trades for over $10K psf
The Real Deal's Amir Korangy, Fredrik Eklund and Louise Sunshine

Louise Sunshine and Fredrik Eklund hold court on selling luxury

Louise Sunshine and Fredrik Eklund hold court on selling luxury
Sheikh Sultan A. Al Qasimi and 15 Central Park West (Google Maps)

Tax lien triggers foreclosure filing on sheikh’s 15 CPW unit

Tax lien triggers foreclosure filing on sheikh’s 15 CPW unit
Photo illustration of the Williamsburg Bridge (Getty, iStock) 

As Manhattan struggles, Brooklyn’s sales market is “booming”

As Manhattan struggles, Brooklyn’s sales market is “booming”
arrow_forward_ios

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

Loading...