Greenpoint condo was priciest contract signed in Brooklyn last week

Overall, deals in the borough were split between 2 condos and 7 houses

TRD New York /
Dec.December 30, 2019 10:00 AM
155 Noble St and 228 Garfield Place in Brooklyn (Credit: Google Maps and Corcoran)

155 Noble St and 228 Garfield Place in Brooklyn (Credit: Google Maps and Corcoran)

At just under $4 million, a Greenpoint condo was the priciest residential deal to go into contract in Brooklyn last week.

The 2,531-square-foot unit at 155 Noble Street has three bedrooms and spans a full floor of the building. It spent 57 days on the market and went under contract at its asking price.

Overall, the Brooklyn luxury market saw nine contracts signed last week, split between seven houses and two condos, according to the latest report from Compass, which defines Brooklyn’s luxury market as homes priced at $2 million or higher.

The average contract price was about $2.7 million, and the total contract volume was about $24.1 million. The properties spent an average of 131 days on the market and sold at an average discount of 6 percent. Both numbers are down from the week before, when the market saw 12 contracts signed for about $36.1 million.

The second priciest deal to go into contract was for a townhouse at 228 Garfield Place in Park Slope, which sold for about $3.5 million. The six-bedroom home spans about 4,100 square feet and went under contract at 22 percent below its asking price after spending 333 days on the market.

Other notable deals last week included a townhouse at 409 Union Street in Gowanus for $2.95 million and a condo at 306 Gold Street in Fort Greene for $2.3 million.

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