"Remove the Brooklyn Heights townhouse, and that average dropped to about $1.03 million, revealing how one ultra-luxury deal reshaped the market snapshot. The newly built condominium at 941 57th Street in Borough Park sold for the highest rate among smaller properties at roughly $1,049 per square foot. Meanwhile, larger detached homes in southern Brooklyn neighborhoods traded at significantly lower rates, including $465 per square foot in Sheepshead Bay and $463 per square foot in Maspeth."
Fifteen home sales across Brooklyn and Queens closed in a single weekend, with prices ranging from a $380,000 house in Jamaica to an $8.165 million townhouse in Brooklyn Heights. Demand clustered around multifamily properties, large single-family homes, and move-in-ready residences built or renovated within the past two decades. The top sale was a six-bedroom townhouse at 10 Sidney Place in Brooklyn Heights, built in 1899 and totaling 5,700 square feet, closing for $8.165 million at about $1,432 per square foot. A two-bedroom co-op in Flushing sold for $405,000, and a three-bedroom Jamaica single-family home sold for $380,000 despite a higher Zestimate. The average closed sale price was about $1.58 million, dropping to about $1.03 million without the Brooklyn Heights townhouse. Smaller properties reached about $1,049 per square foot, while some larger detached homes traded around $463 to $465 per square foot. Several sales occurred below Zestimate values, including Jamaica at about 19% below.
Read at New York City, NY Patch
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