After several strong weeks, Brooklyn’s luxury market slowed down.
The borough saw 15 contracts — five condos and 10 houses — signed between Nov. 10 and Nov. 16 for a total asking volume of $49 million. The total was down from the previous week, which saw 27 contracts signed for $80 million.
The priciest property to snag a signed contract was a historic mansion on a sprawling plot of land south of Prospect Park.
Built in 1904, the 5,000-square-foot home on 1221 Albemarle Road scored a contract with a last asking price of $6 million, according to Compass’ weekly report. The house sits on a corner parcel of land with a 67-foot-wide front yard, a private driveway and a two-car garage.
The six-bedroom and three-bathroom home has been restored and renovated to keep original details like its parquet floors, decorative moldings, central staircase and stained-glass windows.
The chef’s kitchen features custom oak cabinetry, Calacatta marble countertops and a farm sink with unlacquered brass fixtures. The primary suite holds a seating area, walk-in closet and a skylit bathroom with marble double vanity, windowed shower clad in handmade tile, a soaking and a custom sauna.
There is also an irrigated side yard with fruit, vegetable and herb beds. The home was last sold for $2.4 million in 2019.
Compass’ Laura Rozos had the listing.
The second priciest contract signed was for a townhouse at 532 Clinton Street in Carroll Gardens, asking $5.25 million.
The gut-renovated home spans 3,600 square feet and features four beds and four full bathrooms.
The garden floor has a windowed den with full-height glass sliding doors that lead into the back garden. The primary suite fills the entire top floor, with floor-to-ceiling windows, a walk-in closet and an ensuite bathroom with dual vanities, a freestanding soaking tub and a glass-enclosed shower.
The home also has a finished roof deck with views of the Statue of Liberty.
Real estate investor Jawad Lakhani bought the home for $2.4 million last year, according to public records.
Compass’ Tamara Abir, Noah Plener and Sarah Slavin of the Tamara and Noah Team had the listing.
Read more
Brooklyn luxury contracts notch busy election week
NYC resi players dismiss “nonsense from Florida brokers” after Zohran Mamdani’s victory
Grand and historic house in Brooklyn sells for nearly $3M












































