How expensive can Brooklyn be? - Rava Realty

How expensive can Brooklyn be?

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As of late June 2014 the five priciest listings in Brooklyn ranged from a $14 million Park Slope townhouse to the $32 million One Brooklyn Bridge Park condominium penthouse. Interestingly, the most expensive sales that actually closed in the last 12 months were at a far lower level, ranging from a $5.8 million Brooklyn Heights townhouse to an $8.7 million townhouse at 12 College Place in the same neighborhood. Therefore the current highest $ listings seem to be at wishful price points.

Nevertheless in the second quarter of 2014, the average price for luxury sales in the borough rose to $2.53 million, up 32.6 percent from the prior year, according to Miller Samuel.

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