Brooklyn’s luxury market saw 16 contracts above $2M signed last week of May: Stribling

Sales totaled about $44M overall

New York /
Jun.June 04, 2019 12:30 PM
83 1st Place in Carroll Gardens and 952 East 9th Street in Midwood (Credit: Google Maps)

83 1st Place in Carroll Gardens and 952 East 9th Street in Midwood (Credit: Google Maps)

There were 16 contracts signed in Brooklyn’s luxury market last week for a total of about $44.6 million.

The properties included three condos and 13 townhouses with an average price of $2.8 million, according to the latest report from Stribling & Associates. The firm classifies luxury properties as all homes priced at $2 million or higher.

The market was down from the previous week, which saw 20 contracts signed for a little over $63.6 million. Those properties were split between 10 townhouses, seven condos and three co-ops.

The priciest deal between May 27 and June 2 was for a 10-bedroom, five-bathroom Brownstone located at 83 1st Place in Carroll Gardens, which sold for its initial listing price of $5.8 million. The recently renovated property featured hardwood floors, 12-foot ceilings and views of Brooklyn and Manhattan.

The second most expensive sale was a townhouse at 952 East 9th Street in Midwood, which went for $4.4 million. The property was last sold in 2015.

Other sales included a townhouse located at 7535 Shore Road in Bay Ridge that sold for a little over $2.9 million and a five-bedroom townhouse at 418 Bergen Street in Park Slope that went for $2.6 million. [Stribling] – Sylvia Varnham O’Regan


Related Articles

arrow_forward_ios
From left: Michael Dell with 25 Water Street, Alex Sapir with 261 Madison Avenue and Marc Holiday with One Madison Avenue (Getty, Edge Funds, Sapir Organization, SL Green)
Office properties (yes, office!) got Manhattan’s biggest December loans
Office properties (yes, office!) got Manhattan’s biggest December loans
Haute & Boss's Victor Hernandez
Unfinished Vero Beach estate hits market for record $60M
Unfinished Vero Beach estate hits market for record $60M
(Photo Illustration by The Real Deal with Getty)
RealPage faces another class-action lawsuit, this time in Florida
RealPage faces another class-action lawsuit, this time in Florida
Prada CEO Gianfranco D’Attis and 16 Gould Street (Getty; Google Maps)
East Hampton board rejects Prada CEO’s request for 11 variances
East Hampton board rejects Prada CEO’s request for 11 variances
Wall Street sees some hope for resi firms
Watch: Wall Street sees some hope for resi firms
Watch: Wall Street sees some hope for resi firms
200 East 83rd Street, Alexa Lambert, Alison Black, Shelton Smith
Naftali’s 200 East 83rd Street tops Thursday’s 10 priciest resi sales
Naftali’s 200 East 83rd Street tops Thursday’s 10 priciest resi sales
New Orleans Pelican CJ McCollum and 869 South Stonehenge Terrace in West Linn, Oregon (Google Maps, Getty)
New Orleans Pelican CJ McCollum lists Oregon home for $3.5M
New Orleans Pelican CJ McCollum lists Oregon home for $3.5M
Ryan Serhant and Bess Friendman (Getty, Illustration by Shea Monahan for The Real Deal)
Real estate’s week of tumult and upheaval, large and small
Real estate’s week of tumult and upheaval, large and small
arrow_forward_ios

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

Loading...