Penthouse at Tishman Speyer’s 11 Hoyt tops Brooklyn luxury contracts

A top-floor penthouse at Tishman Speyer’s 11 Hoyt Street claimed Brooklyn’s priciest contract last week.

Penthouse B at the 57-story Downtown Brooklyn tower, last asking $6.1 million, was the most expensive of 18 homes priced at $2 million or higher that went into contract in the borough between April 3 and April 9, according to Compass’ weekly report.

The 2,600-square-foot unit has three bedrooms and three bathrooms, along with high ceilings, large bay windows and chef’s kitchen with lava stone countertops. Amenities in the building include a full-time doorman, a gym, a media and recreation room and parking. Corcoran Sunshine heads sales at the building. 

The second most expensive home to enter contract was a townhouse at 854 President Street in Park Slope asking $5.6 million. The 20-foot-wide brownstone, which dates back to 1888, spans 4,200 square feet and comes with six bedrooms and three bathrooms. It features a large eat-in kitchen, stained glass windows, original mahogany dressing rooms and a wood-burning brick fireplace. Compass’ Debra Bondy had the listing. 

Weekly luxury contracts in Brooklyn have declined since the week ending March 19, when 28 homes asking $2 million or more found buyers, the market has remained far busier than it was at the start of the year, when weekly luxury contracts were in the single digits.

Of the 18 total contracts signed last week, twelve were for townhouses and six were for condos. The average asking price was $3.4 million and the average price per square foot was $1,310. Those 18 homes spent an average of 147 days on the market and had an average discount of 3 percent from the original listing price.

Read more

Development

New York

Condo sales are booming in Brooklyn

Residential

New York

Olympia Dumbo condo tops Brooklyn’s luxury contracts

Residential

New York

Park Slope townhouse, condo top luxury contracts in Brooklyn