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Brooklyn luxury condo contracts catch up to townhouses

21 contracts signed last week for $67M

328 Sackett Street was the most expensive property this week. (Elliman)

After weeks of townhouses reigning supreme, the number of luxury contracts for condos in Brooklyn made a comeback.

There were 21 signed contracts last week for properties asking $2 million or more in the borough, according to Compass’ weekly report. The total sales volume sat at $66.7 million, compared to $81.7 million the week before across 24 deals.

While last week’s biggest deals were predominantly for townhouses, this week’s report was a mixed bag, with 10 townhouses, 10 condos and one co-op.

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Polhemus Townhouse at 92 Amity Street. (Douglas Elliman)
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A unit at a Brooklyn Heights condo was the priciest deal last week. (One Clinton)
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Brooklyn Heights condo is borough’s priciest deal signed last week

The most expensive property was a 4,256-square-foot townhouse at 328 Sackett Street. The four-bedroom single-family home, which features a private garage and terrace, had a last asking price of $6.85 million.

On its tail was a duplex at 277 1st Street in Park Slope. The four-bedroom unit, which includes a rock climbing wall and floor-to-ceiling windows, was last asking $5.25 million.

The sole co-op, a 2,250 square feet unit at 305 Eighth Avenue, was last asking $2.75 million.

The median asking price for last week’s contracts was $2.75 million, and the average asking price was nearly $3.2 million. The average discount increased to 2 percent, up from zero the week before. These homes also spent some more time on the market, at an average of 197 days.

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