Sunday, January 21, 2007

What $8.6 Million Can Get You

I was browsing thru Dumbo real estate on and saw a listing for 1 Main St. It's the penthouse, and wow, is it amazing! All 3,200 sq ft can be yours for $8.6M. It will be interesting to see how quickly it sells. Here are some pictures from the listing by Sotheby's.

5 room(s)
3 bedroom(s)
2 full bath(s)
1 half bath(s)
cc: $2,061
tax: $1,636

This one of a kind 3,200 +/- sq. ft. published penthouse loft boasts 360 degree panoramic views of the Manhattan Skyline, East River & the Brooklyn/Manhattan Bridges. Keyed elevator opens directly into the loft, which features a huge living room, state of the art gourmet chef's kitchen & a flexible layout that can be used as a 2 or 3 bedroom. Hi ceilings, hardwood floors, w/d & central air. The Clocktower is Brooklyn's most prestigious condo's with 24-hour concierge, roof deck & much more.

Last week I was looking to see what units were available in my building and was suprised to see that the apt next door to my former apt still hadn't sold. The layout was exactly the same, except opposite, and they were asking slightly higher than we were. Now after a year (maybe 2?) the sponsor is asking for what we asked. Unfortunately with all the construction over there I think current owners are trying to get out while new owners are waiting for construction to be completed. I met two nice couples in the hallway here the other day and they were looking to buy in my building. Incidentally, they both currently live in a luxury rental building a block from where I used to live in Murray Hill. They seemed pretty sold on the neighborhood after speaking with them so hopefully they will migrate to Dumbo.

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