Brooklyn Heights co-op leads holiday week luxury contracts

Unit 2 at 278 Henry Street last asked $6.5M

Serhant’s Ravi Kantha and 278 Henry Street; Compass’ Aeen Avini and Lauren Pepin, 1 Prospect Park West (Google Maps, Compass, Serhant)
Serhant’s Ravi Kantha and 278 Henry Street; Compass’ Aeen Avini and Lauren Pepin, 1 Prospect Park West (Google Maps, Compass, Serhant)

A Brooklyn Heights co-op led the borough’s luxury market into Memorial Day weekend. 

Unit 2 at 278 Henry Street, asking $6.5 million, was the priciest of 21 properties asking $2 million or more to find buyers between May 20 and May 26, according to Compass’ weekly report. 

The total — including seven condos, four co-ops and 10 townhouses — was down from the 27 contracts inked in the previous period

The 3,600-square-foot co-op, built in 1901, last traded for $4.8 million in 2019. It has five bedrooms, three bathrooms, original mahogany staircase and eat-in kitchen. The home, one of two units in the three-story building, also features multiple decks and terraces. 

Serhant’s Ravi Kantha had the listing. 

The second most expensive home to land a signed contract was Unit 6A at 1 Prospect Park in Park Slope, with an asking price just under $6 million. The condo spans 2,700 square feet and has four bedrooms and three bathrooms. 

Sign Up for the undefined Newsletter

The home — which sold for just under $5 million in 2021 — also features oversized windows, marble island and high ceilings. Amenities in the 55-unit building include rooftop gardens, a fitness studio and basketball court. 

Compass’ Aeen Avini and Lauren Pepin had the listing. 

The building, which faces Prospect Park, was once a 198-unit senior center. The property was also previously at the heart of a legal saga accusing one of its former owners, Haysha Deitsch, of illegally evicting tenants by serving rotten food and shutting off the air conditioning, resulting in the deaths of seven residents. 

Harlem-based developer Sugar Hill paid $84 million for the property in 2016 and announced plans to convert it to luxury condos the following year.

The 21 homes had an average asking price of $2.9 million, which works out to roughly $1,300 per square foot. The properties spent an average of 86 days on the market with an average discount of 2 percent from the listing price.

Read more

Residential
New York
Cobble Hill townhouse tops Brooklyn’s luxury market
Manhattan’s Luxury Contracts Beat Memorial Day Odds
Residential
New York
Manhattan luxury contracts beat Memorial Day odds
Mike Myers’ Former 443 Greenwich Condo Sold For $21M
Residential
New York
Mike Myers’ former 443 Greenwich condo trades for $21M