Brooklyn Luxury Market Posts 23 Contracts, $69M
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Brooklyn Luxury Market Posts 23 Contracts, $69M
"The priciest contract last week was a restored Fort Greene townhouse listed at about $5.75 million, featuring a chef's parlor-floor kitchen and five bedrooms."
"Penthouse 2A at 127 Kent Avenue in Williamsburg was the second-priciest deal, asking $4.5 million for a northeast corner unit with three bedrooms and a private terrace."
Last week, Brooklyn's high-end housing market saw 23 contracts signed for homes priced at $2 million or more, totaling around $69 million. The activity included 13 condos and 10 single-family homes, with a median asking price of about $2.7 million. Homes spent an average of 69 days on the market, indicating quicker decision-making by buyers. Notable sales included a $5.75 million Fort Greene townhouse and a $4.5 million penthouse in Williamsburg, reflecting ongoing demand for luxury properties.
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