Brooklyn luxury market saw 18 contracts signed last week

Contracts were worth about $50M overall

TRD New York /
Jul.July 01, 2019 11:30 AM
283 Henry Street and 126 Noble Street in Brooklyn (Credit: Google Maps)

283 Henry Street and 126 Noble Street in Brooklyn (Credit: Google Maps)

There were 18 contracts signed in Brooklyn’s luxury market last week for a total of about $50.2 million.

The properties included 12 townhouses, five condominiums and one co-op, and they went for an average price of about $2.8 million, according to the latest report from Compass. (The brokerage recently acquired Stribling & Associates, which produced this weekly report.) The firm classifies luxury properties as all homes priced at $2 million or higher.

The market was up from the previous week, when it saw 15 contracts signed for about $44 million.

The priciest deal last week was for a Brooklyn Heights townhouse at 283 Henry Street, which went for slightly less than $5.5 million. The six-bedroom home stands three stories tall with a garden, and it went into contract 28 percent below its $7.6 million asking price.

The second most expensive deal was for a townhouse at 126 Noble Street in Greenpoint, which went for slightly less than $5 million. The five-bedroom home spans 4,056 square feet and includes a floating staircase and backyard. It went under contract at its asking price.

Other sales last week included a condo at 145 President Street in Carroll Gardens for about $3.5 million and a co-op at 62 Pierrepont Street in Brooklyn Heights for $2.25 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
Photo illustration of Robert Reffkin (Getty, iStock)

Compass reboots lending — with some caveats

Compass reboots lending — with some caveats
198 Warren Street and 1 Clinton Street in Brooklyn (Google Maps; One Clinton BK)

Only four Brooklyn lux deals for fifth time in six weeks

Only four Brooklyn lux deals for fifth time in six weeks
384-386 Atlantic Avenue and Compass CEO Robert Reffkin (Google Maps; Getty)

Compass used Covid-19 to get out of lease: lawsuit

Compass used Covid-19 to get out of lease: lawsuit
84 Putnam Ave and 308 N 7th Street in Brooklyn (Google Maps; 308n7)

Brooklyn luxury home sales remain 80% below last year

Brooklyn luxury home sales remain 80% below last year
Sara Patterson and Compass CEO Robert Reffkin (Credit: Getty Images)

Compass’ chief people officer is out

Compass’ chief people officer is out
arrow_forward_ios

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

Loading...