The Brooklyn luxury market just finished up a very slow week
Contracts were worth about $24.1M overall
There were just seven contracts signed in the Brooklyn luxury market last week, split between five townhouses and two condos.
The properties sold for about $24.1 million overall and went for an average price of roughly $3.5 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.
The figures were down from the week before, when the market saw 12 sales worth about $32.2 million overall.
The most expensive deal last week was for a townhouse at 190 Warren Street in Cobble Hill, which went for slightly less than $5 million. The property dates back to 1841 and has five bedrooms.
The second most expensive deal was for a condo at 184 Kent Avenue in Williamsburg, which sold for about $4.2 million. The unit has four bedrooms and spans 2,175 square feet.
Other major deals last week included a townhouse at 476 Second Street in Park Slope for $3.3 million and a condo at 66 North 3rd Street in Williamsburg for slightly less than $3 million. – Eddie Small