Brooklyn luxury buyers sought an East River breeze in the last week of August.
The market closed out summer with the two top contracts — one in Dumbo and one in Boerum Hill — going to properties just blocks from the water.
Those two units topped a list of 14 to enter contract from Aug. 26 to Sept. 1, according to Compass’ weekly report of homes in Brooklyn asking $2 million or more. The 14 contracts, which consisted of eight townhouses and six condos, beat the 10 contracts signed in the same week last year.
The most expensive contract signed last week went to unit 4B in the 42-unit waterfront development at 1 John Street in Dumbo.
The 2,500-square-foot apartment had a last asking price of $5.8 million. The apartment originally sold in 2016 for over $4.9 million, according to StreetEasy.
The three-bed, three-bath condo features views of Downtown Manhattan and the East River and chef’s kitchen with two large stone islands. The primary bedroom has built-in Porro closets and an en-suite bathroom.
The 12-story development, led by Monadnock Construction and Alloy Development, began sales in 2016 and by 2017 had sold out the building. In addition to the waterfront views, the building has a doorman and concierge, landscaped roof deck and gym.
Sotheby’s International Realty’s Karen Heyman had the listing for unit 4B.
The second priciest contract in Brooklyn last week went to a Cobble Hill townhouse at 39 Strong Place with a last asking price of nearly $5 million.
The four-story, single-family home was built in 1901 and spans roughly 3,000 square feet. The home’s four bedrooms all cover the width of the house. It has multiple wood burning fireplaces, a remodeled kitchen, and backyard and deck.
Corcoran’s Lesley Semmelhack had the listing.
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The Brooklyn luxury market continued to move its inventory faster than last year in August, with days on the market dropping to 141 from 342 year-over-year.
Median asking price fell to $2.6 million from $3 million last year, likely driven by a lower condo asking prices. The median condo asking price fell year-over-year, to $2.9 million from $4.3 million. In contrast, the median townhouse asking price rose to $2.8 million from $2.3 million last year.