$14M house topped Brooklyn’s luxury listings last week

30 contracts signed for total of $93M

New York /
Apr.April 12, 2021 02:19 PM
This Brooklyn Heights home went into contract at $2,184 per square foot. (Compass)

This Brooklyn Heights home went into contract at $2,184 per square foot. (Compass)

UPDATED, April, 14, 2021, 10:52 a.m.: After a slightly slower week, Brooklyn’s luxury real estate market got a boost — driven, in part, by one pricey property going into contract.

Thirty contracts were signed last week for properties asking $2 million or more, with a total sales volume of $92.7 million. That’s up from 22 deals totaling $64 million the week before. Townhouses claimed the most expensive spots on the list, but more condos went into contract: There were 16 conjdo deals, 13 townhouse deals and just one co-op deal.

The most expensive property to go into contract was a five-bedroom, seven-bathroom townhouse at 271 Hicks Street in Brooklyn Heights. The 6,354-square-foot home was last asking $13.88 million, or $2,184 per square foot. It dates back to the 19th century but was recently renovated to conform to passive house standards, with triple-pane windows and fresh filtered air, among other eco-friendly perks.

The second-priciest listing was a townhouse at 113 Boerum Place that was last asking $4.5 million, or $1,668 per square foot. The four-story, 2,696-square-foot Boerum Hill homes was built in 1920 and has four bedrooms, four-and-a-half bathrooms, a home office and an excavated cellar and recreation space.

The median asking price for all properties was about $2.55 million, with an average price per square foot of $1,335. The average discount dropped to zero percent, down from three percent the week before.




    CORRECTION: This story previously misstated the address of the Boerum Hill townhouse.


    Related Articles

    arrow_forward_ios
    Here are the week’s top luxury sales
    Here are the week’s top luxury sales
    Here are the week’s top luxury sales
    Clockwise from left: John D. Rockefeller, Izzy Englander, Steven Mnuchin, David Koch, Jacqueline Bouvier, and William Zeckendorf (Credit: Getty Images and StreetEasy)
    For 15 years, David Koch lived at the world’s “richest building”
    For 15 years, David Koch lived at the world’s “richest building”
    Here are the week’s top luxury sales
    Here are the week’s top luxury sales
    Here are the week’s top luxury sales
    Steven Mnuchin and 740 Park Avenue (Getty, Google Maps)
    Steven Mnuchin’s $26M home finally finds a buyer
    Steven Mnuchin’s $26M home finally finds a buyer
    Robert Millard and 9 East 88th Street (MIT Corp, Google Maps)
    Former Lehman exec lists Carnegie Hill mansion for $38M
    Former Lehman exec lists Carnegie Hill mansion for $38M
    April’s occupancy levels climbed to 61.6 percent, above March’s 60.9 percent. (iStock)
    Demand for short-term rentals surges past pre-pandemic levels
    Demand for short-term rentals surges past pre-pandemic levels
    Cape Cod and the Jersey Shore suffered among the sharpest inventory declines. (iStock)
    Here’s where homes virtually sold out in the pandemic
    Here’s where homes virtually sold out in the pandemic
    1384 Meadow Lane
    The 20 priciest Hamptons sales this year
    The 20 priciest Hamptons sales this year
    arrow_forward_ios

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

    Loading...