Cobble Hill townhouse was Brooklyn’s priciest contract last week

Borough’s luxury deals included 12 houses and 7 condos

TRD NEW YORK /
Feb.February 18, 2020 01:15 PM
355 Henry Street

355 Henry Street

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

The four-bedroom unit at 355 Henry Street went for $5.4 million. It spans 13,600 square feet and went into contract at its asking price after 146 days on the market.

Overall, Brooklyn saw 19 contracts signed for $2 million or more last week, split between 12 houses and seven 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 $2.7 million, and the total volume was about $51.7 million. The properties spent an average of 202 days on the market and sold at an average of 3 percent less than their asking prices. It was a more active week than the previous one, when 14 contracts were signed for about $43.5 million.

The second priciest deal to go into contract, at $3.65 million, was for a townhouse at 63 Joralemon Street in Brooklyn Heights. The home went into contract at its asking price after 16 days on the market.

Other notable Brooklyn deals last week included a townhouse at 263 19th Street in Greenwood and a condo at 78 Amity Street in Cobble Hill, which both went for $3.35 million.


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