A $7 million Cobble Hill townhouse headlined a powerful week for Brooklyn’s luxurious market.
The house was considered one of 26 offers — 12 condos, two co-ops, 12 single-family properties — for properties asking no less than $2 million from March 30 to April 5, in accordance with Compass’ weekly report. The entire contract quantity signed final week was $79 million. The earlier week noticed 13 contracts signed for $38.5 million.
The median asking value for offers signed final week was $2.7 million. The common asking value per sq. foot was $1,463, whereas the typical days properties spent available on the market was 80.
The priciest deal was for a townhouse at 357 Henry Road in Cobble Hill, asking $6.75 million.
The vendor was an entity tied to developer Simkho Aranbayev, who in 2011 acquired the property as vacant land in a part of a portfolio from actual property agency Time Equities, in accordance with property data. The townhouse has beforehand been supplied as a rental and was rented out final yr for $25,000 monthly.
Spanning 4,900 sq. ft, the house has 4 bedrooms, three full bogs and an all-glass rear facade that opens to a personal backyard and patio. The house additionally has a personal roof terrace.
Serhant’s Abigail Palanca had the itemizing.
The second priciest contract was for a co-op unit at 160 Henry Road asking nearly $5 million. Unit 3C has 5 bedrooms, three bogs, a wood-burning hearth and a devoted laundry room. The house additionally transfers two basement storage models.
The co-op requires patrons to place 50 p.c down, in accordance with the itemizing. Inbuilt 1924, the 38-unit constructing is considered one of 4 repeatedly working co-ops in Brooklyn Heights, in accordance with StreetEasy. Facilities embody a full-time doorman and a typical roof deck.
Residents of 160 Henry Road get pleasure from a full-time doorman, a full-time superintendent, and a typical roof deck with breathtaking Manhattan skyline views — good for sundown gatherings or quiet morning espresso above the town. The residence comes with two devoted basement storage models, offering distinctive comfort not often present in Brooklyn Heights.
Compass’ Randy Baruh and Tricia Dempsey had the itemizing.
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