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New York

Center Slope townhouse leads Brooklyn luxury sales

17 contracts for homes asking over $2M were signed last week

589 Third Street and 196 Hicks Street (Google Maps, iStock)
589 Third Street and 196 Hicks Street (Google Maps, iStock)

The volume of luxury home sales in Brooklyn declined last week, though condo and co-op units saw a bump in activity.

There were 17 contracts signed last week for properties asking more than $2 million, according to Compass’ weekly report. The combined volume of those deals was $51.7 million, on par with the previous week’s totals of $54.8 million and 18 contracts.

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Last week’s deals were for nine condos and co-ops and eight townhouses.

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The median asking price at time the contracts were inked was $2.69 million. The average listing discount was 3 percent across the 17 contracts with 206 days on the market on average.

The highest asking price among homes snapped up last week was for a townhouse at 589 Third Street in Park Slope. The six-bedroom home, a block from Prospect Park, spans 3,840 square feet and includes a home gym and fenced backyard outfitted with a grill and an outdoor projector. Its final asking price was $4.35 million, or $1,133 per square foot.

The second priciest was a Brooklyn Heights co-op. The four-bedroom apartment spans two levels of the historic Casino Mansions’ co-operative annex at 196 Hicks Street. The 2,800-square-foot unit has the original architectural details of the 1910-era home, and includes a wood-burning fireplace and 13-foot ceilings. The final asking price was $4 million, or $1,429 a foot.

The contracted condos had an average price per square foot of $1,563 and were 1,800 square feet on average; while co-op units averaged 2,400 square feet with an average price of $1,314 per foot.

The eight townhouses averaged 3,168 square feet and an asking price of $1,078 per square foot. Last week marked the second time in January that the average price per square foot for townhouses was over $1,000.

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BrooklynLuxury Real Estate