Park Slope townhouse was Brooklyn’s priciest contract last week

Borough’s luxury deals included 8 houses and 6 condos

New York /
Feb.February 10, 2020 02:45 PM
106 Prospect Place and 488 13th Street in Brooklyn (Credit: Google Maps)

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

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

The five-bedroom unit at 106 Prospect Place went for about $7 million. It spans 5,000 square feet and went into contract at its asking price after 77 days on the market.

Overall, Brooklyn saw 14 contracts signed for $2 million or more last week, split between eight houses and six condos, according to the latest report from Compass. The data looks at homes in the borough priced at $2 million or above.

The average price of those contracts was about $3.1 million, and the total volume was about $43.5 million. The properties spent an average of 155 days on the market and sold at an average of 5 percent less than their asking prices.

It was a slower week than the week before, when 20 contracts were signed for about $54.7 million.

The second priciest deal to go into contract, at about $4 million, was for a townhouse at 488 13th Street in Park Slope. The six-bedroom home spans 2,870 square feet and went into contract at its asking price after 25 days on the market.

Other notable Brooklyn deals last week included two in Williamsburg: a townhouse at 62 Grand Street for about $3.7 million and a condo at 56 South Third Street for $3.45 million.


Related Articles

arrow_forward_ios
Park Slope Townhouses Top Brooklyn Luxury Contracts (Corcoran, Compass)
Park Slope townhouses top Brooklyn’s luxury contracts
Park Slope townhouses top Brooklyn’s luxury contracts
Serhant brings in two Compass teams
Serhant brings in two Compass teams
Serhant brings in two Compass teams
Keller Williams' Lauren Balbuena and Compass CEO Robert Reffkin (Keller Williams, Getty/Illustration by The Real Deal)
Keller Williams NYC’s agent count bounced back while Compass’ growth slowed
Keller Williams NYC’s agent count bounced back while Compass’ growth slowed
Robert Reffkin, founder & ceo, Compass (Getty Images, iStock, Illustration by Kevin Cifuentes for The Real Deal)
Residential brokerage shares take a hit in first week of 2022 trading
Residential brokerage shares take a hit in first week of 2022 trading
A rendering of 416 Metropolitan Avenue and BridgeCity Capital LLC CEO Allan Lebovits
Williamsburg luxury rental project in motion with $73M construction loan
Williamsburg luxury rental project in motion with $73M construction loan
Dov Barnett (Founding Partner, Tavros Capital), Sam Charney (Principal, Charney Companies) and the Dime at 275 South 5th Williamsburg (StreetEasy, The DIME)
In for a Dime: Williamsburg apartments asking big price tag
In for a Dime: Williamsburg apartments asking big price tag
250 Garfield Place (Compass)
Townhouse asking $8M topped Brooklyn’s final contracts in 2021
Townhouse asking $8M topped Brooklyn’s final contracts in 2021
From left: Andrew Cuomo, Eric Adams, Bill de Blasio and Kathy Hochul
These were NYC’s top real estate stories of 2021
These were NYC’s top real estate stories of 2021
arrow_forward_ios

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

Loading...