Brooklyn continues comeback with 26 luxury deals

Asking prices of signed contracts totaled nearly $76 million

New York /
Aug.August 16, 2021 01:30 PM
9 Willow Place and 523 3rd Street (Corcoran, Google Maps)

9 Willow Place and 523 3rd Street (Corcoran, Google Maps)

Brooklyn’s luxury market saw more contracts signed last week — but for less money.

Twenty-six contracts asking $2 million or more were signed from Aug. 9-15 as the luxury market continued its comeback from the slow July. Fifteen of those deals were condominiums, 11 were townhouses.

The asking prices for those contracts totaled $75.8 million, slightly lower than the previous week’s $82 million across 25 contracts.

The median asking price for a home this time was $2.7 million, while the average price-per-square-foot was $1,259.

Topping the list was a Brooklyn Heights townhouse at 9 Willow Place asking $5.9 million. The home has five bedrooms, three-and-a-half bathrooms, and a back garden with a large patio and triple waterfall.

Next was a Park Slope townhouse at 523 3rd Street that had a last asking price of $4.2 million, or $955 per square foot. The 4,400-square-foot brownstone has seven bedrooms, three bathrooms, high ceilings and a terrace.

Homes spent an average of 183 days on the market and had an average discount of 2 percent.





    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
    Leonard Bernstein’s “radical chic” penthouse sells for $24M
    Leonard Bernstein’s “radical chic” penthouse sells for $24M
    Leonard Bernstein’s “radical chic” penthouse sells for $24M
    Assembly OSM cofounders William and Christopher Sharples with an illustration of the building design (AOSM)
    Modular construction firm founded by SHoP principals unveils first apartment
    Modular construction firm founded by SHoP principals unveils first apartment
    Basketball star Ben Simmons with the Moorestown property (Compass, Getty)
    Philadelphia 76ers’ fallen star Ben Simmons lists NJ mansion for $5M
    Philadelphia 76ers’ fallen star Ben Simmons lists NJ mansion for $5M
    From left: SERHANT CEO Ryan Serhant, 77 Greenwich Street, Trinity Place Holdings CEO Matthew Messinger and Macquarie Capital's Jackie Hamilton (77 Greenwich Street via Binyan Studios)
    Trinity Place Holdings beats deadline with $168M refi at FiDi condo
    Trinity Place Holdings beats deadline with $168M refi at FiDi condo
    Manhattan luxury market logs biggest week since 2013
    Manhattan luxury market logs biggest week since 2013
    Manhattan luxury market logs biggest week since 2013
    arrow_forward_ios

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

    Loading...