Greenpoint Brownstone Tops Brooklyn Luxury Contracts

Activity in Brooklyn’s luxury market ticked up last week, led by a signed contract for a multifamily brownstone in Greenpoint.

The townhouse at 107 Kent Street, last asking $4.9 million, was the most expensive of the 21 deals in Compass’ weekly report on homes asking $2 million or more. The total from June 12 and June 18 was an improvement over two straight weeks that saw the 16 signed contracts for luxury homes in the borough.

The 25-foot-wide home, built at the turn of the century, spans 4,780 square feet divided among three separate units. The listing advertises the option for buyers to maintain the current configuration or convert it to a single-family home.

The first two floors are a four-bedroom, two-bathroom duplex with 2,500 square feet of outdoor space, including a porch and backyard. The third and fourth stories each feature a two-bedroom, one-bathroom apartment.

Native Real Estate’s Bram Lefevere had the listing.

Homes in Greenpoint don’t often top Brooklyn’s luxury market, though another four-story townhouse last month nabbed one of the priciest contracts in the borough. The 4,100-square-foot home at 316 Eckford Street had a last asking price of $5 million.

The second most expensive home to enter contract was 628 3rd Street in Park Slope, with an asking price of $4.7 million. The 4,200-square-foot townhouse, built in 1910, has six bedrooms and four bathrooms.

It also features a backyard, patio and blond brick and limestone facade.

Compass’ Paul Murphy had the listing.

Of the 21 contracts signed last week, nine were for condos, one was for a co-op and 11 were for townhouses. The previous period saw 16 homes asking $2 million or more enter contract in the borough.

The average asking price was $2.9 million and the average price per square foot was $1,394. The homes spent an average of 93 days on the market and had an average discount of 2 percent from the original listing price.