Townhouses returned last week to the top of Brooklyn’s signed contracts.
The home at 625 2nd Street, last asking $5.4 million, was the most expensive of the 14 homes to enter contract in the borough, according to Compass’ weekly report on homes asking $2 million or more. The total from April 10 to April 16 was down from 18 inked in the previous period.
The 3,700-square-foot townhouse, built in 1910, has six bedrooms and three bathrooms. The 20-foot-wide home also features high ceilings, a brick patio and landscaped garden.
Sotheby’s’ Terry Baum had the listing.
Park Slope townhouses are regulars atop weekly contract reports for the borough. A historic brownstone at 312 Garfield Place, which asked $8.9 million for the 6,500-square-foot home, scored the top spot in mid-March. Another single-family home, 77 Prospect Place, found a buyer at the beginning of March after asking $6 million.
The second most expensive home to find a buyer was 19 Saint Felix in Fort Greene with an asking price of $4.5 million. The townhouse spans 3,100 square feet and has four bedrooms and two bathrooms. It also features high ceilings, a finished basement, garden and multiple roof decks and terraces.
Corcoran’s Justine Lee-Mills had the listing.
Read more
Development
New York
Condo sales are booming in Brooklyn
Residential
New York
Penthouse at Tishman Speyer’s 11 Hoyt tops Brooklyn luxury contracts
Commercial
New York
Manhattan, Brooklyn and Queens rents set records in March
Of the total contracts signed last week, five were for condos, one for a co-op and eight for townhouses. The average asking price was $3.3 million and the average price per square foot was $1,384. Those 14 homes spent an average of 101 days on the market and had an average discount of 3 percent from the original listing price.
Signed contracts for luxury homes in the borough seemed to have hit an early spring peak in the week ending March 19, when 28 homes found a buyer, but weekly totals have since declined.