Brooklyn Heights Condo Leads Borough’s Luxury Market

A Toll Brothers condo reigned supreme in Brooklyn’s luxury market last week.

The apartment at 90 Furman Street in Brooklyn Heights, priced at $5 million, was the most expensive home in the borough to snag a contract last week, according to a Compass report.

Unit 1016 in the condominium, built in 2015, spans 2,000 square feet and has three bedrooms and two bathrooms. It also features a nearly 900-square-foot terrace and floor-to-ceiling windows with views of Manhattan and the East River.

Amenities at the waterfront building, called the Pierhouse, include two fitness centers, a yoga and meditation room, on-site valet and parking garage.

Earlier this year, British musician Ed Sheeran rented a four-bedroom apartment at the 106-residence condominium for $36,000 a month. The former listing broker, Sarah Williams of SOCIETE Real Estate, told the New York Post in February that the unit was the most expensive in Brooklyn so far this year.

Pierhouse also got some unwanted publicity last week when The City reported on complaints about noise from a public restroom in the building. Buyers of a $5 million, five-bedroom unit above the bathroom sued in 2020. Noise mitigation efforts, as well as the lawsuit, are ongoing.

The second most expensive home to enter into contract was 109 Cambridge Place in Clinton Hill, with an asking price of $3.7 million. The townhouse, built in 1873, spans 3,500 square feet and has five bedrooms and four bathrooms.

The Italianate home also features a landscaped garden with a koi pond, fireplace with original detailing, hardwood floors and walk-in closets.

Douglas Elliman’s Doug Bowen had the listing.

Twelve Brooklyn homes priced at $2 million or more went into contract between Sept. 11 and Sept. 17, up from just nine in the previous period. Brooklyn’s luxury market has endured a sluggish summer with weekly contract totals remaining under 20 since mid-July.

Of the dozen deals, five were for condos, one was for a co-op and six were for townhouses.

The average asking price for the homes was $2.8 million, which works out to $1,377 per square foot. The typical home received a 1 percent discount from the initial asking price and spent 161 days on the market.