Around Brooklyn: Luxury residential market picks up
Luxury residential market picks up
Activity in Brooklyn’s luxury residential market increased slightly last week from the week before, but sales remain extremely slow, according to the Real Deal. The borough saw four high-end contracts signed last week, split between two condos and two townhouses, according to the latest report from Compass. The report looks at homes in the borough asking $2 million or more in the most recent public listings. The priciest deal was for a townhouse at 268 Sterling Place in Prospect Heights, which was asking about $4.3 million. The seven-bedroom property spans 4,000 square feet and spent 95 days on the market. The second most expensive deal last week was for a townhouse at 56 Marlborough Road in Flatbush, which had been asking about $2.9 million.
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