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New York

Brooklyn Heights condos top borough’s luxury market

Quay Tower condo last asked $5.4M

Brooklyn Heights Condos Top Borough’s Luxury Market
50 Bridge Park Drive, 1 Clinton Street (Quay Tower, One Clinton, Getty)

Brooklyn Heights condos capped a slow week for Brooklyn’s luxury market.

The borough wrapped up August with just 10 contracts signed for homes asking $2 million or more, according to Compass’ weekly report. The total, inked between Aug. 28 and Sept. 3, was down from 15 in the previous period.

The priciest home to find a buyer was unit 20A at 50 Bridge Park Drive, last asking $5.4 million. The 2,500-square-foot condo, built in 2019, has four bedrooms and three bathrooms. 

The unit also has private elevator access, wide-plank oak flooring and views of Manhattan and the East River. Amenities in the building include a 24-hour concierge, fitness center and rooftop lounge.

Jim Hayes of Serhant’s New Development had the listing.

Other condos at Quay Tower have claimed top spots in weekly market reports, including a four-bedroom penthouse, last asking $10 million, that entered contract in February. The 126-residence building has also notched Brooklyn’s priciest sale of the year in 2020 when a penthouse closed for more than $20.3 million. 

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The second most expensive home to enter contract was Unit 27B at 1 Clinton Street, with an asking price of $4.5 million. The condo, built in 2020, spans 2,600 square feet and has four bedrooms and three bathrooms. 

Amenities at the building include a fitness center, sauna and 3,500-square-foot terrace.

Corcoran’s James Cornell had the listing.

Hudson Companies’ One Clinton topped Brooklyn’s luxury market earlier this summer when another unit in the building notched the priciest contract signed in the borough between July 3 and July 9. The four-bedroom apartment last asked $4.5 million.

Of the 10 contracts signed last week, five were for condos and five were for townhouses.

The average asking price for the homes was $3.3 million with an average price per square foot of $1,354. The typical home received a 2 percent discount from the asking price and spent 326 days on the market.

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