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Brooklyn luxury market saw 11 contracts signed last week
Contracts were worth about $29M overall
![144 St James Place and 62 Montague Street in Brooklyn (Credit: Google Maps and Wikipedia)](https://static.therealdeal.com/wp-content/uploads/2018/09/1200-stribling-brooklyn-lux.jpg)
The Brooklyn luxury market saw 11 contracts signed last week, split between seven houses, three condos and one co-op.
The properties sold for about $28.6 million overall and went for an average price of about $2.6 million, according to the latest report from Stribling & Associates. The firm defines the borough’s luxury market as all homes priced at $2 million or higher.
This was the first time in three weeks that a unit at the Pierhouse in Brooklyn Heights was not the top sale and the first time in six weeks that a Pierhouse unit did not appear in the top two deals.
Last week was slower than the week before, when there were 14 contracts signed in the market for about $42.2 million.
A home in Clinton Hill at 144 St James Place topped the list last week with a sales price of $3.25 million. The home is an Italianate row house by George J. Bennett and has been in the same family for almost 50 years.
The second priciest deal last week was for a co-op at 62 Montague Street in Brooklyn Heights, which went for just under $3 million. The property is a three-bedroom unit but includes a den that can be converted into a fourth bedroom.
Other notable deals last week included a condo at 208 Java Street in Greenpoint for $2.5 million and a house at 697 Jefferson Avenue in Bedford-Stuyvesant for $2.3 million. – Eddie Small