Brooklyn’s luxury home scene just pulled off another eye-popping week, as deep-pocketed buyers rushed brownstone blocks for townhouses and high-ticket condos. Over seven days, a wave of signed contracts shoved the borough’s asking volume firmly into nine-figure territory, with Cobble Hill and its neighboring streets once again hogging the spotlight thanks to a pair of standout townhouses.
According to The Real Deal, Brooklyn logged 30 luxury contracts in the latest week: 12 condos, one co-op and 17 single-family homes, for a combined asking total of about $126 million on properties priced at $2 million and up, based on Compass’ weekly contracts report. That haul is a jump from the prior week’s 25 contracts and roughly $81 million, and it is not far off a six-year high hit in late April. Homes that found buyers last week carried a median asking price near $3.6 million, spent about 77 days on the market on average and were priced around $1,476 per square foot.
Top Contracts
Leading the pack was a Cobble Hill townhouse at 45 Douglass Street, asking $11.5 million. Marketed as a five-bedroom home with multiple terraces, the property credits KGBL NYC for its design and lists Hajdu Properties as the developer, according to Coldwell Banker. Public records show Hajdu picked up the address for about $2.5 million in 2022, per Zillow, a spread that hints at the scale of the renovation and the premiums buyers are willing to pay for turnkey townhouses in this corner of the borough.
Polhemus Townhouses And 96 Amity
The second-priciest deal was an off-market townhouse at 96 Amity Street, which was asking roughly $9.8 million. The home is part of the Polhemus Townhouses development from Fortis Property Group and reflects the wave of polished, developer-built product that has edged into Cobble Hill and Brooklyn Heights, as outlined on StreetEasy. It is the kind of ready-made luxury stock that can slip into contract quietly, without ever lighting up public listing feeds.
Where This Fits
Brooklyn’s $156M week in late April showed the borough’s high-end market was already running hot, and this latest $126 million stretch keeps that spring streak alive. Signed contracts track buyer intent rather than closed sales, but a string of weeks with hefty asking totals points to sustained demand from well-heeled buyers chasing renovated townhouses and fresh-from-the-developer homes in the borough’s most coveted neighborhoods.
Developers have been feeding that hunger with new inventory, including the River Park and Polhemus projects cited by YIMBY. Even so, the supply of true single-family brownstones on the most desirable blocks remains tight, which keeps competition fierce whenever a standout property hits the market. That imbalance, along with off-market deals and carefully targeted luxury marketing, helps explain why classic single-family listings continue to anchor Brooklyn’s weekly luxury totals.
