Quay Tower back on top of Brooklyn luxury contracts

PH2A at 50 Bridge Park Drive last asked $10M

Quay Tower at 50 Bridge Park Drive, 1 City Point (Getty, Google Maps)
Quay Tower at 50 Bridge Park Drive, 1 City Point (Getty, Google Maps)

UPDATED, March 1, 10:25 a.m.: Quay Tower was back on top of Brooklyn’s luxury market in a quieter week for signed contracts.

The penthouse asking $10 million was the priciest of 15 contracts signed in the borough from Feb. 20 to Feb. 26, according to Compass’s weekly report on homes asking $2 million or more. 

The 3,600-square-foot condo at 50 Bridge Park Drive has four bedrooms and three bathrooms. 

The unit has private elevator access and floor-to-ceiling windows. The 30-story building has 125 units and its amenities include a fitness center, 24-hour concierge and rooftop lounge. 

Jim Hayes, Brad Mohr and Jamie Hannon of Serhant New Development had the listing. 

The Brooklyn Heights building has been home to some of the borough’s top deals since it launched sales in 2018. 

A penthouse in the tower marked a borough-high price for the year when it sold for more than $20.3 million in 2020. A 23rd-floor penthouse marked Brooklyn’s priciest deal of 2021 when it entered contract for $10.65 million. Property filings show the unit closed last year for $10 million.

Sign Up for the undefined Newsletter

After a year away from Compass’ reports on the borough’s contracts, the property returned to the top in October, when it led the list three times in a month

The second most expensive home to enter contract last week was Unit 63D at 1 City Point in Downtown Brooklyn with an asking price of $3.7 million. The 1,500-square-foot condop has three bedrooms and three bathrooms. 

It features wide-plank wood floors and floor-to-ceiling windows with sweeping views of Manhattan and Brooklyn. Building amenities include a 24-hour attended lobby, dry cleaning valet and landscaped terrace. 

Serhant and Extell Marketing Group head sales at the building. 

Of the 15 signed contracts, 11 were for condos, three for townhouses and one a condop. The total was down from the 21 contracts signed the previous week, which was the largest number of deals since before the winter holidays.

The average asking price for the contracts was $3.1 million with an average price per square foot of $1,657. The homes spent an average of 127 days on the market and prices had an average discount of 1 percent.

This article has been updated with information on the agents who had the listing at 50 Bridge Park Drive.

Read more

From left: Extell's Gary Barnett with 217 West 57th Street, Related's Jeff Blau with 450 Washington, 300 West 30th Street and Fortis' Jonathan Landau Olympia Dumbo
Development
New York
New condos cool in Brooklyn, but hold steady in Manhattan
(Photo Illustration by The Real Deal with Getty)
Residential
New York
New listings in Manhattan, Brooklyn rise for first time in 4 months
From left: 418 State and 191 Lefferts Place (Getty, Google Maps)
Residential
New York
Brooklyn luxury market ends January with a whimper
Recommended For You