clock menu more-arrow no yes mobile

Filed under:

Brooklyn's most expensive sold condo is Dumbo’s Clocktower penthouse

New, 22 comments

The unusual triplex sold for $15 million after first being listed for $25 million in 2010

Update (4/3/17): The condo may have sold to Columbian-born gallery owner and art dealer Lio Malca, The Real Deal has learned. TRD says Malca worked with 1 Main Street developer Two Trees for over four years to make the record-setting sale happen.

Update (3/31/17): The sale of Dumbo’s Clocktower penthouse has closed for $15 million, making it the most expensive sold condo in Brooklyn borough history. It steals the record (by a lot) from a condo in the nearby Pierhouse development at Brooklyn Bridge Park that closed for $10.6 million earlier this month. The condo is just $500,000 shy of tying for the most expensive sold home in the borough, a title that currently belongs to the carriage house at 177 Pacific Street in Cobble Hill. The house sold to photographer Jay Maisel in June 2015.

The sale of the 1 Main Street penthouse was handled by Frank Castelluccio and Nicholas Hovsepian at Corcoran.

(6/21/2016): 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.

1 Main Street

1 Main Street, Brooklyn, NY 11201