Brooklyn's luxury market crawls into September
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Brooklyn's luxury market crawls into September
"At 20 feet wide, the townhouse spans almost 3,800 square feet and has seven bedrooms and four full bathrooms. The parlor level has herringbone wood floors, 11-foot ceilings with plaster detailing and moldings and oversized windows, and a wood-burning fireplace framed by an original marble mantel with restored crown moldings. A private terrace from the kitchen leads to the backyard."
"The borough saw 15 contracts 10 condos and five houses with a total asking volume of $41 million, according to Compass' weekly reports for contracts signed on homes asking at least $2 million from Sept. 1 to Sept. 7. It's the second week in a row that Brooklyn has fallen short of last year's numbers. In the week following last year's Labor Day holiday, the borough saw 17 contracts signed for $58 million."
The borough recorded 15 luxury contracts—10 condos and five houses—with a combined asking volume of $41 million for Sept. 1–7. This performance fell short of the prior year's post-Labor Day week, which had 17 contracts totaling $58 million. The top contract was a renovated 19th-century, 20-foot-wide Fort Greene townhouse asking $5 million, nearly 3,800 square feet with seven bedrooms, four full bathrooms, high ceilings, restored moldings, multiple terraces, a primary suite with marble bath, and a garden-level two-bedroom apartment with a private entrance. The second priciest contract was a $3 million boutique Park Slope condo unit with a recent history of relistings.
Read at therealdeal.com
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