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Residential
New York

Park Slope, Boerum Hill townhouses lead Brooklyn luxury peak

Buyers last week signed 20 contracts for homes asking $2M+

Brooklyn’s Luxury Market Snags 20 Signed Contracts
Compass’ Debra Bondy and Corcoran’s Amy Morilla with 146 Berkeley Place and 226 Dean Street (Compass, Corcoran, Google Maps, Getty)

Brooklyn’s luxury market is continuing to tick upwards. 

The borough last week notched 20 signed contracts for homes asking $2 million or more for the first time this year, according to Compass’ weekly report. The total was up from 19 deals inked in the previous period. 

The priciest home to enter contract was 146 Berkeley Place in Park Slope, with an asking price of $4.5 million. The 3,400-square-foot triplex has five bedrooms and three bathrooms. 

The townhouse, built in 1901, also features a marble mantel fireplace in the living room, high ceilings, kitchen island, deck and backyard. The garden level of the home is configured as a renovated one-bedroom apartment with an office and its own washer and dryer. 

The home, which last traded for $2.5 million in 2013, hit the market just eight days before landing a signed contract. 

Compass’ Debra Bondy had the listing. 

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The second most expensive home to find a buyer was 226 Dean Street in Boerum Hill, with an asking price of $4.2 million. The two-family townhouse, built in 1910, spans 3,500 square feet and has six bedrooms and three bathrooms. 

The 21-foot-wide triplex, which hit the market in February, also features high ceilings, oversized windows, exposed brick walls in the dining room and garden with a stone patio. It also has a garden-level, two-bedroom apartment. 

Corcoran’s Amy Morilla had the listing. 

Of the 20 contracts signed, 10 were for townhouses and 10 were for condos. 

The average asking price was $2.8 million with an average price per square foot of $1,383. The homes spent an average of 85 days on the market and had an average discount of 1 percent from the original listing price. 

Brooklyn’s residential market has been picking up since the start of the year, after months of slower contract activity sparked by high mortgage rates and economic uncertainty. New signed contracts for co-ops, condos and one- to three- family homes increased year-over-year in January and February. 

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