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Big Reveal: A Terrace in Dumbo With 3BRs

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And now, the results of this week's PriceSpotter asking price guessing game.

The majority of commenters willing to throw out a number for 85 Adams St., #23A fell a little short of the current asking price of $2.5M for the 3BR/2BA condo with a rather large 550 square foot terrace overlooking the East River and the Manhattan skyline. That doesn't mean they were wrong in the long-term though. At $1,400 a square foot, #23A is priced at a greater-than-50% premium over the two other units currently available at 85 Adams St. Back in 2007 the asking was $3.4 million, and that figure has dropped steadily in the interim. It's never been below the current $2.5 million, however, where the price has been plateaued since March 2009. Thanks for playing!
· 85 Adams Street #23A [StreetEasy]
· How Much For a Terrace in Dumbo With 3BRs? [Curbed]