Park Slope townhouses top Brooklyn’s luxury contracts

29 contracts signed for a total of $97.5M last week

New York /
Apr.April 21, 2021 11:15 AM
552 1st Street and 555 1st Street (Corcoran)

552 1st Street and 555 1st Street (Corcoran)

Though Brooklyn’s luxury market saw fewer contracts signed last week, sales volume was higher thanks to two big sales in Park Slope.

The two townhouses — both on 1st Street — topped last week’s list of homes asking $2 million or more in Brooklyn, according to Compass’ weekly report on the borough’s luxury market. The list saw contracts signed for 19 townhouses, nine condos and one co-op.

The total volume inched up to $97.5 million across 29 contracts from last week’s $92.7 million across 30 contracts.

The most expensive property on the list was 552 1st Street, which went into contract with a last asking price of nearly $10 million, or $2,032 per square foot.

The 4,920-square-foot townhouse has five beds and four-and-a-half bathrooms and features a center staircase and library/den.

The second priciest listing was just a few doors down at 555 1st Street, with a last asking price of 5.5 million, or $1,143 per square foot.

The 4,810-square-foot four-story home is similar to its neighbor, with five bedrooms and four-and-a-half bathrooms. It features a private garden and a terrace on the third floor.

Across all luxury deals, the average discount rose to 4 percent last week, up from the previous week’s 0 percent. The median asking price was about $3 million with an average price per square foot of $1,121.





    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
    Sam Zell with a RVC Outdoor Destinations site (Getty, RVC)
    Sam Zell’s Equity Lifestyle Properties invests $147M in manufactured homes
    Sam Zell’s Equity Lifestyle Properties invests $147M in manufactured homes
    Richard Wagman, managing partner, Madison Capital (Care/of, Madison Capital, iStock)
    Madison Capital signs wellness company in Brooklyn office
    Madison Capital signs wellness company in Brooklyn office
    Gregory Russ, chair and chief executive officer of the New York City Housing Authority (NYC.gov NYCHA, iStock)
    NYCHA fires 18 workers in overtime pay probe
    NYCHA fires 18 workers in overtime pay probe
    Jeff Aronson (iStock, Jeff Aronson, CC BY-SA 2.0, via Wikimedia Commons/Photo Illustration by Steven Dilakian for The Real Deal)
    Centerbridge closes $2B real estate fund
    Centerbridge closes $2B real estate fund
    Scott McIntyre, chief executive officer, Guidehouse (Guidehouse, iStock/Photo Illustration by Steven Dilakian for The Real Deal)
    New York rent relief contractor boasted about profits as program struggled
    New York rent relief contractor boasted about profits as program struggled
    arrow_forward_ios

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

    Loading...