Greenpoint condo was Brooklyn’s priciest contract last week

Borough’s luxury residential deals included 12 houses and three condos

New York /
Mar.March 16, 2020 02:30 PM
155 Noble Street and 372 Clermont Avenue in Brooklyn (Credit: Google Maps)

155 Noble Street and 372 Clermont Avenue in Brooklyn (Credit: Google Maps)

A condo in Greenpoint was the priciest residential property to go into contract in Brooklyn last week.

The three-bedroom unit at 155 Noble Street went for $4.75 million. It spans 2,558 square feet. The price works out to $1,857 per square foot.

Overall, Brooklyn saw 15 contracts signed for $2 million or more last week, including 12 houses and three condos, according to the latest report from Compass. The report looks at homes in the borough asking $2 million or more.

The average price of those contracts was about $3 million, and the total volume was about $45.3 million. The properties spent an average of 119 days on the market and sold at an average of 1 percent less than their asking prices. It was a slower week than the one before, when 21 contracts were signed for about $62.8 million.

The second priciest deal to go into contract, at $4.25 million, was for a townhouse at 372 Clermont Avenue in Fort Greene. The five-bedroom unit spans 4,200 square feet and went into contract at a 6 percent discount after 192 days on the market. Per square foot, the cost was $1,012.

Other notable Brooklyn deals last week included a townhouse at 111 6th Avenue in Park Slope for about $4.2 million and a condo at 78 Amity Street in Cobble Hill for $3.35 million.


Related Articles

arrow_forward_ios
17 Polhemus Place and 7A 2nd Place in Brooklyn (Photos via StreetEasy; Google Maps)

Park Slope townhouse sells after just 36 days on the market

Park Slope townhouse sells after just 36 days on the market
Compass CEO Robert Reffkin (Getty; iStock)

Aloha, Compass: Brokerage expands to Hawaii

Aloha, Compass: Brokerage expands to Hawaii
Compass lending service sues Nile Niami over Bel Air mansion

Compass lending service sues Nile Niami over Bel Air mansion

Compass lending service sues Nile Niami over Bel Air mansion
Connecticut sales soar in third quarter, reflecting a shift toward more space and work-from-home. (iStock)

Connecticut sales soar in third quarter

Connecticut sales soar in third quarter
From left: Compass CEO Robert Reffkin, and  Modus' Abbas Guvenilir, Jay Sim and Alex Day (Getty; Modus)

Compass expands into title and escrow with Modus deal

Compass expands into title and escrow with Modus deal
Ed D’Ambrosio (center) with Dottie Herman and Rory Golod (Elliman, Twitter)

O Brother, where art thou? Dottie Herman’s brother leaves for Compass

O Brother, where art thou? Dottie Herman’s brother leaves for Compass
Compass CEO Robert Reffkin and Charles Phillips (Photos via Flickr; Getty)

Compass makes good on diversity pledge, adding Charles Phillips to board

Compass makes good on diversity pledge, adding Charles Phillips to board
Avi Dorfman and Compass' Robert Reffkin and Ori Allon (Getty; iStock)

Cash, no stock: Compass aims to cut down any Avi Dorfman windfall

Cash, no stock: Compass aims to cut down any Avi Dorfman windfall
arrow_forward_ios

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

Loading...