Close Menu
    Trending
    • Ralph Zucker’s Asbury Park Luxury Condos Snag $186M Loan
    • David Zaslav Seeks to Buy Camp Mohawk for $68M
    • Bridges Development lands retail-office building in Brooklyn
    • Arbor sued for fraud
    • Jed Walentas, former Tom Brady manager settle over Bahamas mansion
    • NYC Broker Pleads Guilty to Stealing Rental Deposits
    • How Accomplished Investors Scale SFR Portfolios in a High-Rate Environment
    • New York Makes Landlords Deal With Padlocked Cannabis Shops
    WorldEstateUSA
    • Home
    • Real Estate
    • Real Estate News
    • Real Estate Analysis
    • House Flipping
    • Property Investment
    WorldEstateUSA
    Home»Real Estate News»Brooklyn Luxury Contracts Slow Down After Hot Streak

    Brooklyn Luxury Contracts Slow Down After Hot Streak

    Team_WorldEstateUSABy Team_WorldEstateUSANovember 18, 2025No Comments2 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    After a number of sturdy weeks, Brooklyn’s luxurious market slowed down.

    The borough noticed 15 contracts — 5 condos and 10 homes — signed between Nov. 10 and Nov. 16 for a complete asking quantity of $49 million. The full was down from the earlier week, which noticed 27 contracts signed for $80 million. 

    The priciest property to snag a signed contract was a historic mansion on a sprawling plot of land south of Prospect Park. 

    Inbuilt 1904, the 5,000-square-foot dwelling on 1221 Albemarle Road scored a contract with a final asking value of $6 million, in line with Compass’ weekly report. The home sits on a nook parcel of land with a 67-foot-wide entrance yard, a non-public driveway and a two-car storage.

    The six-bedroom and three-bathroom dwelling has been restored and renovated to maintain authentic particulars like its parquet flooring, ornamental moldings, central staircase and stained-glass home windows.

    The chef’s kitchen options customized oak cabinetry, Calacatta marble counter tops and a farm sink with unlacquered brass fixtures. The first suite holds a seating space, walk-in closet and a skylit rest room with marble double vainness, windowed bathe clad in handmade tile, a soaking and a customized sauna. 

    There may be additionally an irrigated aspect yard with fruit, vegetable and herb beds. The house was final bought for $2.4 million in 2019. 

    Compass’ Laura Rozos had the itemizing. 

    The second priciest contract signed was for a townhouse at 532 Clinton Avenue in Carroll Gardens, asking $5.25 million. 

    The gut-renovated dwelling spans 3,600 sq. toes and options 4 beds and 4 full bogs. 

    The backyard flooring has a windowed den with full-height glass sliding doorways that lead into the again backyard. The first suite fills the complete prime flooring, with floor-to-ceiling home windows, a walk-in closet and an ensuite rest room with twin vanities, a freestanding soaking tub and a glass-enclosed bathe. 

    The house additionally has a completed roof deck with views of the Statue of Liberty. 

    Actual property investor Jawad Lakhani purchased the house for $2.4 million final 12 months, in line with public data. 

    Compass’ Tamara Abir, Noah Plener and Sarah Slavin of the Tamara and Noah Staff had the itemizing.

    Learn extra

    Compass Kathleen Perkins with 152 Dekalb Avenue, Sherwood Residential’s Steven Novick with 274 Clinton Avenue

    Brooklyn luxury contracts notch busy election week 


    BHS Bess Freedman, Compass’ Leonard Steinberg, Mayor-elect Zohran Mamdani Douglas Elliman’s Frances Katzen and Serhant's Peter Zaitzeff

    NYC resi players dismiss “nonsense from Florida brokers” after Zohran Mamdani’s victory 


    Grand and historic house in Brooklyn sells for nearly $3M






    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleNYC, Steve Cohen Reach Deal for Citi Field Casino
    Next Article Small Multifamily Bound for Major Upswing
    Team_WorldEstateUSA
    • Website

    Related Posts

    David Zaslav Seeks to Buy Camp Mohawk for $68M

    July 17, 2026

    Bridges Development lands retail-office building in Brooklyn

    July 16, 2026

    Jed Walentas, former Tom Brady manager settle over Bahamas mansion

    July 16, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Antitrust Lawsuit Fallout Fails To Dent New York Agent Commissions

    April 4, 20267 Views

    City Council Approves Long Island City rezoning

    November 12, 20258 Views

    Jack Resnick & Sons Score $147M Refi at 255 Greenwich

    November 10, 202513 Views

    Georgia Passes Major HOA Reform Bill—Could the Rest of the Country Follow?

    April 9, 202610 Views

    Loren Riddick on reverse refi churning, HECM misconceptions

    March 2, 20266 Views
    Categories
    • House Flipping
    • Property Investment
    • Real Estate
    • Real Estate Analysis
    • Real Estate News
    Most Popular

    2026 Home Price Predictions: The Correction Continues?

    December 8, 20251,845 Views

    Real Estate Scion is Holdout Against Artists in Soho Drama

    November 28, 202550 Views

    Larry Ellison Buys Two Pierre Units From Shari Redstone

    November 27, 202537 Views
    Our Picks

    Why investor reporting still operates like it’s 2005

    January 2, 2026

    Loans for Flipping Houses in 2025

    November 6, 2025

    APEX Residential enters Arizona luxury market

    December 5, 2025
    Categories
    • House Flipping
    • Property Investment
    • Real Estate
    • Real Estate Analysis
    • Real Estate News
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2025 Worldestateusa.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.