Park Slope townhouse was Brooklyn’s priciest contract last week

Borough’s luxury deals included 8 houses and 6 condos

TRD 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.


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