nyc luxury market
New York

A $9M Brooklyn Heights townhouse leads luxury contracts

The 7,600-square-foot home beat second-priciest contract by $3M

141 State Street, 277 Greene Avenue townhouses in Brooklyn (Zillow, Compass)

141 State Street, 277 Greene Avenue townhouses in Brooklyn (Zillow, Compass)

Brooklyn’s luxury market last week ticked down slightly from the pace of the first two weeks of December.

A Brooklyn Heights townhouse at 141 State Street asking $9 million led the borough’s luxury contracts signed between Dec. 13 and 19, according to Compass’ weekly report, which tracks residences asking $2 million or more.

The 7,600-square-foot home rang in at $1,184 per square foot. The 25-foot-wide, gut-renovated townhouse includes six beds and four baths and has restored period details and original pine floors, plaster moldings and marble fireplace mantles. Two terraces, a roof deck and a restored stained-glass skylight connect the home with the outdoors, which include a landscaped garden.

In second place last week for the borough’s luxury market was 277 Greene Avenue in Clinton Hill, a 5,850-square-foot townhouse last asking $5.8 million. The five-year-old home cost $992 per square foot. It has six beds and six full baths, a private garage and an elevator. It includes three terraces and a heated driveway and sidewalk.

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A total of 21 contracts were signed in the borough between Dec. 13 and 19. Of those, nine were condos and 12 were houses.

The asking prices totaled $68,113,999. The median asking price was $2.85 million and the average asking price per square foot of $1,281.

The homes spent about 220 days on the market and got an average discount — ​​the difference between the initial and final asking price — of 3 percent.

A sizable price cut on a Williamsburg townhouse skewed the previous week’s discount to 6 percent across 25 deals. The home at 10 Orient Ave. reduced its $5.5 million asking price to $2.6 million before going into contract, according to the Compass report capturing contracts signed from Dec. 6 to Dec. 12.

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nyc luxury market
New York

A $9M Brooklyn Heights townhouse leads luxury contracts

The 7,600-square-foot home beat second-priciest contract by $3M

141 State Street, 277 Greene Avenue townhouses in Brooklyn (Zillow, Compass)

141 State Street, 277 Greene Avenue townhouses in Brooklyn (Zillow, Compass)

Brooklyn’s luxury market last week ticked down slightly from the pace of the first two weeks of December.

A Brooklyn Heights townhouse at 141 State Street asking $9 million led the borough’s luxury contracts signed between Dec. 13 and 19, according to Compass’ weekly report, which tracks residences asking $2 million or more.

The 7,600-square-foot home rang in at $1,184 per square foot. The 25-foot-wide, gut-renovated townhouse includes six beds and four baths and has restored period details and original pine floors, plaster moldings and marble fireplace mantles. Two terraces, a roof deck and a restored stained-glass skylight connect the home with the outdoors, which include a landscaped garden.

In second place last week for the borough’s luxury market was 277 Greene Avenue in Clinton Hill, a 5,850-square-foot townhouse last asking $5.8 million. The five-year-old home cost $992 per square foot. It has six beds and six full baths, a private garage and an elevator. It includes three terraces and a heated driveway and sidewalk.

Read more

A total of 21 contracts were signed in the borough between Dec. 13 and 19. Of those, nine were condos and 12 were houses.

The asking prices totaled $68,113,999. The median asking price was $2.85 million and the average asking price per square foot of $1,281.

The homes spent about 220 days on the market and got an average discount — ​​the difference between the initial and final asking price — of 3 percent.

A sizable price cut on a Williamsburg townhouse skewed the previous week’s discount to 6 percent across 25 deals. The home at 10 Orient Ave. reduced its $5.5 million asking price to $2.6 million before going into contract, according to the Compass report capturing contracts signed from Dec. 6 to Dec. 12.

COMPANIES AND PEOPLE

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