Dumbo condo was Brooklyn’s priciest contract last week

Borough’s luxury deals included 11 condos and 9 houses

TRD NEW YORK /
Feb.February 03, 2020 10:30 AM
85 Adams Street (Credit: Google Maps, iStock)

85 Adams Street (Credit: Google Maps, iStock)

A condo in Dumbo was the priciest residential deal to go into contract in Brooklyn last week.

The four-bedroom unit at 85 Adams Street went for $3.8 million. It spans 2,330 square feet and went into contract at its asking price after 120 days on the market.

Overall, Brooklyn saw 20 contracts signed for $2 million or more last week, split between 11 condos and nine houses, 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 $2.7 million, and the total volume was about $54.7 million. The properties spent an average of 96 days on the market and sold at an average of 3 percent less than their asking prices. It was a busier week than the week before, when 13 contracts were signed for about $34.1 million.

The second priciest deal to go into contract, at about $3.5 million, was for a townhouse at 266 Clermont Avenue in Fort Greene. The four-bedroom home spans 3,100 square feet and went into contract at its asking price after 28 days on the market.

Other notable Brooklyn deals last week included a condo at 2 Northside Piers in Williamsburg for about $3.4 million and a townhouse at 412 Adelphi Street in Fort Greene for $3.1 million.


Related Articles

arrow_forward_ios
31 Schermerhorn Street and 234 Clinton Street in Brooklyn (Credit: Google Maps, StreetEasy) 

Another Cobble Hill townhouse is Brooklyn’s priciest contract of the week

Compass CEO Robert Reffkin and Avi Dorfman (Illustration by The Real Deal)

Compass is going to trial in Avi Dorfman case

Compass' Rory Golod and Long Island’s North Shore (Credit: Long Island)

Compass sets sights on Long Island’s North Shore

355 Henry Street

Cobble Hill townhouse was Brooklyn’s priciest contract last week

106 Prospect Place and 488 13th Street in Brooklyn (Credit: Google Maps)

Park Slope townhouse was Brooklyn’s priciest contract last week

Compass' Sara Patterson and Robert Reffkin (Credit: Compass; Getty Images)

Compass hires Sara Patterson as chief people officer

Compass' Ori Allon (Credit: Getty Images, iStock)

Compass co-founder Ori Allon gets into the movie business

Kirsten Jordan (inset) and from left: Fredrik Eklund, Steven Gold and Ryan Serhant (Credit: Instagram, Bravo via Curbed NY)

“Million Dollar Listing New York” gets female star

arrow_forward_ios
Loading...