Tuesday, 21 June 2016

At Last, Dumbo’s Clocktower Penthouse Enters Contract For $18M

The unusual triplex penthouse first hit the market asking $25 million in 2010

It’s a New York City miracle! One of Brooklyn’s most consistently expensive homes has entered contract after no less than five-and-a-half years on the market. The penthouse of Dumbo’s Clock Tower at 1 Main Street entered contract at a discounted $18 million after first appearing on the market in January 2010 asking $25 million. Listing co-broker Frank Castelluccio of Corcoran confirmed the penthouse’s new status. He was unable to comment about the buyer or the selling price.

The 3BR/3.5BA property was on the market three years before it underwent its first and only pricechop. If the property indeed closes for $18 million, its price per square foot will work out to a lofty $2,642.

The 7,000-square-foot apartment is spread over three floors and has a few brag-worthy features, like the four 14-foot clocks doubling as windows that surround the apartment, ceiling heights measuring between 16 and 50 (!!!) feet, a custom glass elevator, and of course, those views.


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