Brooklyn luxury market saw 18 contracts signed last week

Contracts were worth about $50M overall

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


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