Fort Greene townhouse was Brooklyn’s priciest contract last week

Borough’s luxury deals included 7 houses and 6 condos

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.


Related Articles

arrow_forward_ios
From left: 290 Park Place and 28 Willow Street in Brooklyn (Getty, Google Maps)
Historic townhouses top Brooklyn’s luxury market
Historic townhouses top Brooklyn’s luxury market
TRD's Harrison Connery, Orion Jones and Hiten Samtani
Watch: Understanding Compass’ latest financials
Watch: Understanding Compass’ latest financials
A photo illustration of Compass' Robert Reffkin (Getty, Compass)
Compass’ path to profitability comes into view
Compass’ path to profitability comes into view
56 Middagh Street and 50 Bridge Park Drive #20B (Streeteasy, Quay Tower BK, Getty)
Brooklyn Heights townhouse, Quay Tower score borough’s biggest contracts
Brooklyn Heights townhouse, Quay Tower score borough’s biggest contracts
1 Pierrepont Street and 285 Union Street (Google Maps)
Brooklyn Heights condo tops borough’s luxury market
Brooklyn Heights condo tops borough’s luxury market
(Illustration by The Real Deal; Getty)
When real estate agents fire clients
When real estate agents fire clients
Priyanka Singh (Compass, Getty)
Another C-suite shakeup at Compass: Top HR exec is out
Another C-suite shakeup at Compass: Top HR exec is out
Vanguard's Mortimer Buckley, Compass' Robert Reffkin and BlackRock's Larry Fink (Getty, Vanguard, Compass)
Vanguard, BlackRock increase stake in Compass
Vanguard, BlackRock increase stake in Compass
arrow_forward_ios

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

Loading...