Developer’s Cobble Hill Townhouse Scores Top Brooklyn Contract

A $7 million Cobble Hill townhouse headlined a strong week for Brooklyn’s luxury market.

The home was one of 26 deals — 12 condos, two co-ops, 12 single-family homes — for homes asking at least $2 million from March 30 to April 5, according to Compass’ weekly report. The total contract volume signed last week was $79 million. The previous week saw 13 contracts signed for $38.5 million.

The median asking price for deals signed last week was $2.7 million. The average asking price per square foot was $1,463, while the average days homes spent on the market was 80.

The priciest deal was for a townhouse at 357 Henry Street in Cobble Hill, asking $6.75 million.

The seller was an entity tied to developer Simkho Aranbayev, who in 2011 acquired the property as vacant land in part of a portfolio from real estate firm Time Equities, according to property records. The townhouse has previously been offered as a rental and was rented out last year for $25,000 per month.

Spanning 4,900 square feet, the home has four bedrooms, three full bathrooms and an all-glass rear facade that opens to a private garden and patio. The home also has a private roof terrace.

Serhant’s Abigail Palanca had the listing.

The second priciest contract was for a co-op unit at 160 Henry Street asking almost $5 million. Unit 3C has five bedrooms, three bathrooms, a wood-burning fireplace and a dedicated laundry room. The home also transfers two basement storage units.

The co-op requires buyers to put 50 percent down, according to the listing. Built in 1924, the 38-unit building is one of four continuously operating co-ops in Brooklyn Heights, according to StreetEasy. Amenities include a full-time doorman and a common roof deck.

Residents of 160 Henry Street enjoy a full-time doorman, a full-time superintendent, and a common roof deck with breathtaking Manhattan skyline views — perfect for sunset gatherings or quiet morning coffee above the city. The residence comes with two dedicated basement storage units, providing exceptional convenience rarely found in Brooklyn Heights.

Compass’ Randy Baruh and Tricia Dempsey had the listing.