Cobble Hill townhouse was priciest Brooklyn contract last week

Borough’s luxury deals included nine houses, eight condos and a co-op

TRD New York /
Jan.January 06, 2020 10:48 AM
94A Amity St and 35 Prospect Park West (Credit: StreetEasy)

94A Amity St and 35 Prospect Park West (Credit: StreetEasy)

At $6.4 million, a Cobble Hill townhouse was the priciest residential deal to go into contract in Brooklyn last week.

The 3,720-square-foot home at 94A Amity Street has four bedrooms and an elevator connecting all five of its floors. It went for 7 percent above its asking price.

Overall, Brooklyn saw 18 contracts signed for $2 million or more last week: nine houses, eight condos and one co-op, according to the latest report from Compass.

The average price of those contracts was about $2.9 million, and the total volume was about $52.1 million. The properties spent an average of 236 days on the market and sold at an average of 3 percent less than the asking price. Both numbers are up from the week that included Christmas, when nine contracts for high-end homes were signed for about $24.1 million.

The second priciest deal to go into contract, at about $6 million, was for a co-op at 35 Prospect Park West in Park Slope. The four-bedroom unit spans about 3,400 square feet and went for 4 percent below its asking price.

Other notable Brooklyn deals last week included a townhouse at 170 Garfield Place in Park Slope for $3.4 million and a condo at 78 Amity Street in Cobble Hill for $2.75 million.


Related Articles

arrow_forward_ios
Photo illustration of Ryan Schneider and Robert Reffkin (Getty)

Compass to appeal decision sustaining Realogy’s suit

Compass to appeal decision sustaining Realogy’s suit
Compass CTO Joseph Sirosh (Getty, iStock)

Compass debuts AI tool to advise on home renovations

Compass debuts AI tool to advise on home renovations
Clockwise from top left: Deirdre O'Connell of Sotheby's International Realty, Paul Breunich of Sotheby's International Realty, and Heather Harrison of Compass

Tri-State brokers are busier than ever as buyers warm to suburban living

Tri-State brokers are busier than ever as buyers warm to suburban living
After WeWork’s botched IPO, real estate startups have learned to add women to their boards.

“Change is happening”: Inside real estate tech’s race to diversify their boards

“Change is happening”: Inside real estate tech’s race to diversify their boards
Compass CEO Robert Reffkin (Getty, iStock)

Compass’ hunt for a securities attorney reignites talk of IPO

Compass’ hunt for a securities attorney reignites talk of IPO
Compass CEO Robert Reffkin and Realogy CEO Ryan Schneider (Getty, iStock)

Realogy drops non-compete suit against Compass

Realogy drops non-compete suit against Compass
154 Underhill Avenue and 561 Pacific Street in Brooklyn (Courtesy StreetEasy, 561 Pacific)

Brooklyn luxury market sees seven deals for second week in a row

Brooklyn luxury market sees seven deals for second week in a row
314 Hicks Street and 200 Berkeley Place in Brooklyn (Google Maps; Corcoran)

Brooklyn luxury market has best week since Covid began

Brooklyn luxury market has best week since Covid began
arrow_forward_ios

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

Loading...