Brooklyn luxury contracts ride Williamsburg wave

Two Trees’ One Domino Square deals led 21 luxury contracts last week

Two Trees’ One Domino Square Tops Brooklyn Luxury Contracts

Serhant’s Lauren Snisky along with One Domino Square (left) and 333 Wythe (right) in Williamsburg (Getty, Serhant, One Domino Square, Google Maps)

Two Trees’ One Domino Square came close to sweeping the top spots in Brooklyn’s luxury market last week.

The Williamsburg property also had the first, third and fourth most expensive listings to go into contract, according to Compass’ report on homes in the borough asking $2 million or more. The property just missed out on claiming the top three positions, but a warehouse conversation took the No. 2 spot.

The enthusiasm was not limited to Williamsburg condos, as the market saw 21 contracts — for 15 condos and six townhouses — signed from Sept. 16 to Sept. 22, according to Compass’ weekly report of homes in Brooklyn asking $2 million or more. The same week last year had 14 luxury contract signings. 

The One Domino Square unit that led the week went into contract with an asking price of $5.8 million. The roughly 2,640-square-foot condo has four bedrooms and four bathrooms, and features wide-plank white oak flooring, custom walnut millwork and river and city views.

That marks nine contracts over $2 million in the past two weeks for the 39-story development, which is part of Two Trees’ Domino Sugar Factory conversion. The units had a quick turnaround since launching: The six that went into contract this week spent an average of just eight days on the market.

The residential component of the project also includes a 55-story rental tower. 

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An internal team handles sales at the property, according to StreetEasy. 

The second priciest contract of the week went to a loft across the street at 333 Wythe Avenue, a 75-unit shoe polish factory conversion. The 2,350-square-foot condo last asked $4.3 million. 

The unit has two bedrooms and two full bathrooms, and features 18-foot ceilings, exposed brick walls and polished concrete floors and an open-plan kitchen. 

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The property, known as the Esquire Building, has a rooftop terrace and virtual doorman. 

Serhant’s Lauren Snisky had the listing. 

The 21 contracts had a median asking price of $2.5 million and an average price per square foot of $1,497. Luxury units in Brooklyn continued to move fast, lasting an average of 62 days on the market. In the same week last year, Brooklyn luxury units lasted 142 days on the market on average.

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