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Checkbooks out: Nearly $60M in Brooklyn luxury contracts inked

Eight townhouses, seven condo units went into contract as hot August continued

90 Furman Street and 52 Remsen Street (Google Maps)
90 Furman Street and 52 Remsen Street (Google Maps)

Luxury home buyers in Brooklyn whipped out their felt-tipped pens last week, extending the market’s robust August.

Much of the pandemic has seen just a trickle of contracts signed for homes asking $2 million or more — typically four or five per week. But during the third week of August there were 15, as there were the previous week.

The properties were asking a combined $58.5 million, up from $39 million the week before, and topping the $55 million across 18 deals for the first week of the month, according to Compass’ market report.

The contracts were for seven condos and eight townhouses. The median asking price was $2.95 million. The properties spent an average of 190 days on the market and had an average listing discount of 2 percent.

The most expensive deal, based on asking price, was for a 7,675-square-foot townhouse at 52 Remsen Street in Brooklyn Heights. The eight-bedroom home includes 3,050 square feet of outdoor space and a nearly 2,000-square-foot cellar. It was asking about $12.7 million.

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The second priciest unit was a condo, also in Brooklyn Heights, at 90 Furman Street — a building completed in 2015. The nearly 3,200-square-foot pad has an additional 2,000 square feet of private, landscaped space stretching across two levels. The four-bedroom unit has 18-foot ceilings and overlooks Manhattan, the Brooklyn Bridge and the Statue of Liberty. It went into contract at a cool $7.2 million.

Last week’s strong showing in the Brooklyn luxury market comes as existing home sales nationwide hit a new reported high: The median sales price reached $300,000 for the first time, based on July data.

Sales across the U.S. grew by 25 percent last month compared to June, with more than two-thirds of homes sold having been listed for less than one month.

Write to Erin Hudson at ekh@therealdeal.com

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Brooklyn