Brooklyn’s luxury market remains the status quo.
The borough signed 23 contracts for homes priced at $2 million or more last week, down slightly from the 26 signed in 2019. Previous periodAccording to the Compass weekly report.
The total has hovered in the mid-twenties for the past three weeks, with townhouses ahead of condos and co-ops, two of which topped this week’s report. Of the contracts signed last week, 16 were for townhomes, six were for condos and one was for a co-op.
The most expensive buyer was 608 3rd Street in Park Slope, with an asking price of $4.9 million. The 21.5-foot-wide townhouse is 4,300 square feet and has six bedrooms and two bathrooms.
It also features a wood burning fireplace, rear garden and formal dining room.
Jackie Torren of Corcoran made this list.
The residence, less than a block from Prospect Park, is the latest Park Slope property to rank among the most expensive contracts signed in Brooklyn.Another townhouse just steps away from its front porch – a historic home 628 Third Street The contract was signed in mid-June with an asking price of $4.7 million.
The second most expensive home under contract was 367 Green Avenue in Bedford-Stuyvesant, Brooklyn, which rarely breaks the borough’s most expensive contract. The last sale price was $4.4 million for the four-story townhouse, which is 3,600 square feet and has four bedrooms and two bathrooms.
The renovated home also features a rear garden with patio, professional grade kitchen, full floor master bedroom and high ceilings.
David Feldman of Brown Harris Stevens made that list.
The average asking price for the 23 contracts was $2.8 million, with an average price per square foot of $1,044. The homes had been on the market for an average of 188 days and had an average discount of 1% from their original listing price.
