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.





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