Brooklyn Luxury Contracts Total $43M

The Brooklyn luxury market has set a new record with luxury contracts totaling up to $43 million, while Manhattan’s luxury market remains at a steady low. One of the contracts includes the Carroll Gardens condo which made the top of the list.

12 contracts were signed, including three condominiums and nine townhouses. The most expensive contract took place at 145 President Street in Carroll Gardens. The condominium went for $4.5 million. Carroll Gardens contains 17 brand-new, Scandinavian-inspired condos.

The area is only a few blocks from an assortment of shopping and dining. Residents can enjoy charming coffee shops, authentic Italian pizza, cozy wine houses, and much more.

Carroll Gardens’ condominiums have several unique amenities such as: a wood paneled lobby, art studio, window seating, and creative work spaces for both adults and kids.

Other interesting features include: a virtual doorman with 24-hour monitoring, bicycle storage, and a 1,000 sq ft. landscaped roof terrace that provides panoramic views of downtown Manhattan and the New York Harbour.

The second most expensive deal in Brooklyn occurred at a four family brownstone in Fort Greene, located at 166 Lafayette Avenue. The building went for about $4.3 million.

brooklynluxurymarket3Incredible amenities within the brownstone include: an open spiral staircase, greenhouse kitchen, beautiful deck and garden, a solar powered roof, open floor plans, and exposed brick.

Perks in the surrounding neighborhood include a variety of shops, restaurants, entertainment centers, a train hub of every line and the Barclays Center, to name a few.

Two other places that signed contracts within the same week as these residences include 1105 Cortelyou Road in Flatbush, which went for under $4 million and 200 Water Street in Dumbo which was sold for close to $3.9 million.

With the high number of luxury sales in Brooklyn in the past week, it’s evident that the Brooklyn luxury housing market has picked up again. Whereas, the nearby Manhattan luxury market seems to have taken a dip, especially in recent months.

According to the Real Deal, only 16 contracts were signed in Manhattan last week at $4 million and up, which is the lowest total for the second week in December since 2011.

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