Brooklyn’s luxury market notched a banner week with 30 Front Street again at the front of the pack.
Unit 25A went under contract last week after asking over $8.2 million, according to Compass’ weekly report on deals in the borough closing for $2 million or more. The condo is a four-bedroom, 3,363-square-foot unit with a 429-square-foot terrace.
Unit 25A at 30 Front Street (Sotheby’s International Realty)
The 33-story building has topped the luxury market at least four times since February. Unit 24A was Brooklyn’s second priciest unit last week, asking just under $7 million for a smaller floor plan and terrace than 25A.
Read more
Residential
Tri-State
Where are the listings? Shortage limits deals in NY suburbs
Unit N212 at 90 Furman Street in Brooklyn Heights was the second priciest unit to go under contract last week, asking $4.8 million.
Unit N212 at 90 Furman Street (Compass)
Built in 2015, the 3,081-square-foot condo has three bedrooms, two bathrooms and a large private terrace overlooking Brooklyn Bridge Park with views of One World Trade. It also has 19-foot ceilings and a marble powder room.
The building has two lobbies and a fitness center. A 2,890-square-foot condo at 90 Furman led the borough’s luxury contracts in September after asking $4.5 million.
Contracts signed last week nearly doubled over the week before, to 40 from 21. Of those, 24 were condos, three co-ops and 13 townhouses.
Asking prices topped $122 million, a significant increase of the $77 million from the week prior. The average price per square foot continued to fall, down to $1,425 from $1,460. The average two weeks ago was $1,528. On average, homes sat on the market for 221 days and did not receive a discount.