Brooklyn’s luxury home market warmed up slightly last week from a slow 4th of July warmup, but maintained its summer cooling trend.
Last week, 19 contracts were signed for luxury Brooklyn homes, up from 14 in the previous period, according to Compass’ weekly report on Brooklyn Homes Asking $2 Million or More. Two homes were on the market for just under $5 million, the same ceiling that was at the top of the previous two reports.
The first is unit PH4 at 172 North 10th Street in Williamsburg. Built in 2014, the penthouse has three bedrooms, three full bathrooms, and 2,300 square feet. It also boasts 360-degree views, a 2,400-square-foot wrap-around terrace, and attached parking spaces.
Christine Blackburn of Compass made the list.
Another home that went under the $5 million that went under the hammer last week was a townhouse at 448 Sixth Street in Park Slope. The house spans 3,500 square feet and has four bedrooms and two full bathrooms.
Built in 1901, the four-story home features custom millwork and coffered ceilings. The gas fireplace in the vestibule includes a marble mantle reclaimed from the Plaza Hotel. The house also has a full floor master suite with a large south facing garden, a finished roof deck with kitchenette and bar, and brick exterior.
Leslie Garfield’s Cameron LeCates is also on the list.
Of the 19 homes that came under contract last week, nine were townhouses, seven condos and three co-ops.
The homes had a combined asking price of $59.3 million, with an average price of $3.1 million and a median price of $2.7 million. The average price per square foot was $1,284. Typical homes get a 1% discount and stay on the market for 80 days.
