The Brooklyn luxury real estate market shows considerable strength as evidenced by the recent signed sale of a 3,400-square-foot townhouse at 59 Cheever Place for $6.9 million. This property, previously sold for $3.1 million in 2023, highlights the significant price appreciation in the area. Overall, last week 22 properties over $2 million found buyers, underscoring the ongoing demand for luxury homes in Brooklyn. In addition, another luxury property, a four-story Italianate brownstone at 101 Park Place, has listed for $7 million, indicating continued activity in the upscale market.
A 3,400-square-foot townhouse at 59 Cheever Place in Cobble Hill sold for $6.9 million, demonstrating the resilience of Brooklyn's luxury market.
Last week, the luxury property market in Brooklyn saw 22 homes priced over $2 million find buyers, displaying strong demand in this sector.
This townhouse previously sold for $3.1 million in 2023, indicating significant appreciation in value within just a year.
Another high-end listing, a four-story Italianate brownstone at 101 Park Place, entered the market at $7 million, reflecting ongoing luxury developments.
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