Fort Greene townhouse was Brooklyn’s priciest contract last week

Borough’s luxury deals included 7 houses and 6 condos

TRD New York /
Jan.January 27, 2020 10:15 AM
362 Clermont Avenue and 541 1st Street in Brooklyn (Credit: Google Maps)

362 Clermont Avenue and 541 1st Street in Brooklyn (Credit: Google Maps)

A townhouse in Fort Greene was the priciest residential deal to go into contract in Brooklyn last week.

The four-bedroom property at 362 Clermont Avenue went for $3.95 million. It spans about 3,700 square feet and went into contract 9 percent below its asking price after 101 days on the market.

Overall, Brooklyn saw 13 contracts signed for $2 million or more last week, split between seven houses and six condos, according to the latest report from Compass. The report looks at homes in the borough priced at $2 million or above.

The average price of those contracts was about $2.6 million, and the total volume was about $34.1 million. The properties spent an average of 200 days on the market and sold at an average of 3 percent less than the asking price. It was a slightly busier week than the week before, when 12 contracts were signed for about $33.7 million.

The second priciest deal to go into contract, at about $3.5 million, was for a townhouse at 541 1st Street in Park Slope. The seven-bedroom home spans 4,620 square feet and went into contract at its asking price after 40 days on the market.

Other notable Brooklyn deals last week included a condo at 67 Livingston Street in Brooklyn Heights for $2.95 million and a condo at 265 State Street in Boerum Hill for $2.675 million.


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