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Footwear Designer’s Cobble Hill Townhouse Inks Top BK Contract

Tull Price has found a buyer willing to foot the bill on his Cobble Hill townhouse. 

The footwear designer, who founded athletic and leisure brand Royal Elastics and helped launch Rag & Bone’s footwear line, was asking $8.8 million for his 4,140-square-foot home. His townhouse led the borough’s 23 contracts — nine condos, two co-ops, 12 townhouses — on homes asking at least $2 million, according to Compass’ weekly report for June 23 to June 29. 

The contracts had a total volume of $82 million, slightly above the previous week’s 22 contracts signed for $80 million. Last year, the last week of June notched 26 contracts for $89 million.

Price’s renovated 1899 townhouse is configured as a two-family residence, with an owner’s three-bedroom triplex and a garden-floor apartment. 

The primary suite covers the entire second floor of the home, and includes a private terrace and en-suite bathroom with a skylight, freestanding Victoria + Albert clawfoot tub and floor-to-ceiling poured concrete shower.

The garden-level apartment has one bedroom, a walk-in closet and original details like crown moldings, wide-plank hardwood floors, and a decorative fireplace.

Price bought the home for $3.9 million in 2014, according to public records. 

Gea Elika of Elika Associates had the listing. 

The second priciest contract signed last week belonged to a resale of penthouse 1401 at 360 Furman Street, better known as One Brooklyn Bridge Park. 

The triplex penthouse sits atop the 14-story condo building, which RAL converted from a former Jehovah’s Witnesses printing plant and launched sales at in 2007. 

The seller bought the top-floor unit for $5.2 million in 2014. 

The condo spans 4,640 square feet with a 1,000-square-foot private rooftop terrace accessible by private elevator. The home has four bedrooms and three full bathrooms, and the listing emphasizes the panoramic city views provided by the apartment. 

Compass’ Paul Dawson had the listing.

Although the largest original apartment in the building, it now pales in comparison to an 11,000-square-foot condo that hedge funder Stuart Leaf and his wife created by combining nine units across three floors. The home originally asked $32 million when it hit the market in 2015. 

Contracts signed last week had a median asking price of $2.7 million with an average price per square foot of $1,410. 

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