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Quay Tower penthouse tops Brooklyn’s last luxury contracts of 2023

PH3A in Brooklyn Heights property last asked $9.9M

Quay Tower Penthouse Tops Brooklyn’s Luxury Contracts
50 Bridge Park Drive with Jim Hayes of Serhant and 362 State Street with Carlos Saavedra of Park Property Advisors (ODA Architecture, Serhant, Google Maps, Eckstrom NYC)

Quay Tower stole the spotlight in an otherwise slow week in Brooklyn’s luxury market.

A penthouse at 50 Bridge Park Drive, last asking $9.9 million, was the priciest home in the borough to find a buyer between Dec. 25 and Dec. 31, according to Compass’ weekly report. Just 10 contracts were inked for Brooklyn homes asking $2 million or more during the holiday week, down from 18 in the previous period. 

The 3,600-square-foot condo, built in 2019, has four bedrooms and three bathrooms. It also features floor-to-ceiling windows and a private elevator.

Amenities in the 125-residence building developed by RAL Companies include a rooftop lounge, fitness center and 24-hour concierge. 

Serhant’s Jim Hayes had the listing. 

The Brooklyn Heights tower has routinely topped the borough’s weekly luxury reports since it launched sales in 2018. Last February, a penthouse at the 30-story building landed among the priciest homes in the borough to enter contract, with an asking price of $10 million.

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It’s also scored some of the borough’s most expensive deals, including a penthouse that sold for $20.3 million. The eight-figure deal was Brooklyn’s priciest in 2020. 

The second most expensive home to enter contract was Unit 1 at 362 State Street in Boerum Hill, last asking $5.3 million. The townhouse conversion condo spans 3,600 square feet and has four bedrooms and three bathrooms. 

The home also features floor-to-ceiling windows, sliding doors, landscaped garden and oak plank floors. 

Carlos Saavedra of Park Property Advisors had the listing.

While the borough’s luxury market has been dominated by townhouses in recent memory, condos took the lead last week, comprising eight of the 10 contracts signed. The remaining two were for townhouses. 

The average asking price for the contracts was $3.7 million with an average price per square foot of $1,661. The homes spent an average of 302 days on the market and prices had no average discount from the listing price.

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NYC Luxury Market