Brooklyn’s luxurious market managed to dodge for a surprisingly robust vacation week.
The borough noticed 19 contracts — 10 for condos, one co-op and eight townhouses —between Nov. 24 to Nov. 30 for a complete contract quantity of $56 million, based on Compass’ weekly report of contracts for houses asking no less than $2 million.
Final yr, Thanksgiving week saw 11 contracts signed in the borough for $38 million. In 2023, simply seven luxury contracts were signed throughout the vacation week.
The median asking worth for houses that entered contract was $2.8 million and houses spent a median of 102 days in the marketplace.
The highest deal signed final week went to a townhouse at 229 Dean Road in Boerum Hill, asking $5.75 million.
Wachtell companion Gregory Pessin purchased the house for $4.45 million in 2016 and undertook a whole renovation of the 21-foot-wide two-family. The house was initially asking $6 million in September earlier than a worth drop firstly of November.
The highest-floor main suite has a sitting space, dressing room and a main lavatory with radiant heated flooring and a walk-in bathe. The house has three outside areas together with a non-public rooftop terrace and a again backyard terrace that’s related to the parlor-floor lounge via a floor-to-ceiling glass wall.
A one-bedroom unit with its personal entrance and an in-unit washer and dryer takes up the backyard flooring.
Compass’ Rachel Greenstein, Suzanne Koxvold and Toni Nicolo had the itemizing.
The second priciest contract final week belonged to a Park Slope townhouse at 294 Garfield Place, asking just below $4 million.
The deal for the two-family dwelling occurred off-market.
In-built 1901, the house spans over 4,200 sq. toes and comes with six bedrooms and 4 loos.
The house maintains a lot of its unique particulars, together with stained glass home windows, ornamental plaster moldings, paneled wainscoting and inlaid hardwood flooring. Two second-floor grand bedrooms are related by an unique adjoining wash basin.
The backyard stage has a one-bedroom unit with direct entry to the rear yard.
Compass’ Scott Klein had the itemizing.
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