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Historic Brooklyn Heights condo leads Brooklyn luxury contracts
Borough notched 21 signed contracts for second week in a row
![166 Montague Street, 1 City Point (Google Maps, Getty)](https://static.therealdeal.com/wp-content/uploads/2023/02/NY-Historic-Brooklyn-Heights-condo-leads-Brooklyn-luxury-contracts-MAIN.jpg)
Brooklyn’s luxury market seems to be shaking off its January slump.
For the second week in a row, the borough saw 21 signed contracts last week for homes asking $2 million or more, according to Compass’ weekly report. The total, recorded between Feb. 6 and Feb. 12, marked the largest number of deals since before the winter holidays.
Of the total deals, 12 were townhouses, eight were condos and one was a co-op.
The most expensive home to enter contract was a Brooklyn Heights condo asking $4.9 million. Unit 7A at 166 Montague Street spans 3,200 square feet and has five bedrooms and four full bathrooms. It features 11-foot ceilings and a balcony with views of the New York harbor.
Built in 1892 for the Franklin Trust, the building’s exterior includes terracotta stone engravings and its hallmark mansard roof. Among its amenities are a rooftop terrace with panoramic views of the city, fitness center and virtual doorman.
Corcoran’s Tita Omeze had the listing.
The second most expensive property to enter contract was Unit 59D at 1 City Point in Downtown Brooklyn with an asking price of $3.5 million. The 1,500-square-foot condop has three bedrooms and three full bathrooms.
The unit features stained oak floors, floor-to-ceiling windows and an eat-in kitchen. The building’s amenities include a dry cleaning valet, lounge, bar, pool, steam room and sauna.
Extell Marketing Group and Serhant head sales at the building.
The average asking price for the 21 contracts was $2.8 million with an average price per square foot of $1,282. The homes spent an average of 170 days on the market and prices had an average discount of 1 percent.
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![Rendering of 640 Columbia Street in Red Hook, 9-11 Metrotech Center and TerraCRG's Ofer Cohen](https://static.therealdeal.com/wp-content/uploads/2023/01/NY-Brooklyn-boasted-9B-in-investment-sales-last-year-MAIN-1.jpg)
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![From left: 418 State and 191 Lefferts Place (Getty, Google Maps)](https://static.therealdeal.com/wp-content/uploads/2023/02/main_NY_BK-Lux-Contracts-2.7.jpg)