Brooklyn’s luxury contracts heat up in October

From top left: 1 Prospect Park West, 136 92nd Street, 8220 Colonial Road, 1 Clinton Street (StreetEasy, Compass, iStock)

Luxury dealings in Brooklyn remained warm last week even as temperatures cooled.

Buyers have signed 29 contracts asking for $ 2 million or more in the borough, according to a new report from Compass. In total, asking prices totaled $ 93.5 million, with a median of $ 2.97 million. This is up from 22 trades the week before, and just 15 before.

Seventeen of the contracts were for townhouses and 12 for condos. None were intended for cooperatives. On average, properties spent 286 days on the market and opted for a six percent discount.

The two main contracts were for condos at 1 Prospect Park West, the 64-unit Park Slope building developed by Sugar Hill Capital Partners. The most expensive property, a four-bed, four-bath penthouse, last asked for $ 6.95 million, or $ 2,181 per square foot. It includes a 1,400 square foot private rooftop, walk-in closet and personalized chef’s kitchen.

The finalist last requested $ 5.98 million, or $ 1,876 per square foot. While this unit is only found on the eighth floor, it is no slouch, with four bedrooms, three bathrooms, and a smaller outdoor patio.

In February, 1 Prospect Park West made headlines for breaking the $ 2,000 per square foot mark, a milestone rarely reached in Brooklyn.

Other notable contract signings included a two-story detached townhouse in Dyker Heights that last asked for $ 2.5 million. The five bedroom, two bathroom home has a private driveway leading to a back yard that can accommodate 12 cars.

Another buyer signed for a four-story Victorian townhouse split into two duplex apartments which last asked for $ 2.3 million. The Fort Hamilton home has a steam room and a 16-foot-wide private driveway.

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