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

Borough’s luxury deals included 6 houses, 3 condos and 1 co-op

TRD New York /
Feb.February 24, 2020 11:00 AM
31 Schermerhorn Street and 234 Clinton Street in Brooklyn (Credit: Google Maps, StreetEasy) 

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

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

The nine-bedroom dwelling at 234 Clinton Street went for slightly less than $6 million. It spans 5,500 square feet and went into contract at its asking price after 132 days on the market.

Overall, Brooklyn saw 10 contracts signed for $2 million or more last week, split between six houses, three condos and one co-op, 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 $3 million, and the total volume was about $29.3 million. The properties spent an average of 152 days on the market and sold at an average of 5 percent less than their asking prices. It was a slower week than the one before, when 19 contracts were signed for about $51.7 million. That week, a four-bedroom Cobble Hill townhouse at 355 Henry Street went for $5.4 million, topping the list.

The second priciest deal to go into contract last week, at about $3.7 million, was for a condo at 31 Schermerhorn Street in Brooklyn Heights. The four-bedroom unit spans 2,835 square feet and went into contract at its asking price after 89 days on the market.

Other notable Brooklyn deals last week included a condo at 1 Grand Army Plaza in Prospect Heights for about $3 million and a townhouse at 164 MacDonough Street in Bedford-Stuyvesant for about $2.8 million.


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