Friday, August 12 2022


207 North 5th Street, 70 Washington Street (Google Maps)

Brooklyn luxury condo buyers spent Christmas week filling sellers’ stockings – with deposits.

According to the Compass Weekly Report, of the 20 luxury deals signed for Brooklyn homes asking for $ 2 million or more, the bulk of them were for condominiums.

Topping the list was a $ 3.9 million penthouse at 207 North 5th Street. The 2,250 square foot duplex has four bedrooms and three and a half bathrooms. For $ 1,732 per square foot, it also has two private roof terraces and 12-foot-high ceilings.

Behind him was another condo, at 70 Washington Street in Dumbo. While it also has four bedrooms and three and a half baths, this one covers more ground – 2,447 square feet. For $ 1,468 per square foot, the unit has a media room with an integrated partition wall and 11-foot ceilings.

These were two of 15 Brooklyn condominiums that were contracted from December 20-26. The other five luxury offers were for townhouses.
The asking prices for all of these residences were $ 56 million and the average price per square foot was $ 1,447. Homes spent an average of 174 days on the market and their asking prices were reduced by 1% on average.


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