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
In the pandemic-stricken residential market, real estate agents are working with influencers to help expand their audiences (iStock; Instagram/huntervought; Instagram/homesteadbrooklyn)

Real estate agents turn to influencers to help sell a lifestyle — and apartments

Real estate agents turn to influencers to help sell a lifestyle — and apartments
“It took off like crazy”: How brokers use TikTok to rent apartments

“It took off like crazy”: How brokers use TikTok to rent apartments

“It took off like crazy”: How brokers use TikTok to rent apartments
532 West 22nd Street and Kate Winslet (Google Maps; Getty)

Kate Winslet letting go of Chelsea penthouse

Kate Winslet letting go of Chelsea penthouse
Yue-Sai Kan and 6 Sutton Square (Getty; Google Maps)

Sutton Square townhouse listed by “China’s Oprah” for $28M

Sutton Square townhouse listed by “China’s Oprah” for $28M
President Donald Trump (Getty)

Realtor groups sue to block federal eviction ban

Realtor groups sue to block federal eviction ban
(iStock)

Mortgage applications skyrocket in holiday week

Mortgage applications skyrocket in holiday week
(iStock)

Manhattan market’s “steady upward slog” persists as suburbs and Brooklyn see gains

Manhattan market’s “steady upward slog” persists as suburbs and Brooklyn see gains
Oprah Winfrey and (inset) Lawrence Stroll over the unit (Getty)

You get a condo! Billionaire Lawrence Stroll sells Oprah’s former Fisher Island penthouse

You get a condo! Billionaire Lawrence Stroll sells Oprah’s former Fisher Island penthouse
arrow_forward_ios

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

Loading...