DUMBO’s Clocktower Penthouse Finds Lucky Buyer – After 7 Long Years on the Market

It’s been a long ride for the iconic Brooklyn penthouse. But at the end awaited a $15 million reward — and a new record for Brooklyn condo prices.

Georgie Mihaila
3 Min Read
Image credit: Corcoran.com

I’ve been writing about real estate for quite a few years now. I first started out as a real estate journalist back in 2011, then became a copywriter for a real estate data provider, then made the switch to a marketing position for a home search portal. And then another home search portal. And then another (yes, some people just love real estate.)

And throughout the years, there was this one listing I kept coming across. The one listing that made me stop whatever I was doing to just take a couple of minutes and drool over its photos.

That listing was for the DUMBO Clocktower penthouse.

I never quite understood how such an exquisite penthouse could linger on the market for so many years without finding a buyer. How people would splurge on Manhattan pads with no character and ignore this beautiful three-story condo and its jaw-dropping views.

And since it finally found a lucky buyer — the DUMBO Clocktower penthouse sold a couple of weeks ago for $15 million — let’s take a moment and enjoy the photos before diving into the full story of this unique listing.

Image credit: Corcoran.com
Image credit: Corcoran.com
Image credit: Corcoran.com
Image credit: Corcoran.com
Image credit: Corcoran.com

7 Years and Many Price Adjustments Later…

…the DUMBO Clocktower penthouse got its chance to shine!

The 1 Main Street triplex sold for $15 million — which makes it the most expensive condo sale in Brooklyn, snapping the title from a Brooklyn Bridge Park Pierhouse unit that closed just last month for $10.6 million.

But it’s been a rocky ride for the Brooklyn penthouse with killer Manhattan views (I have to stop and note that the four 14-foot glass clocks offer 360-degree views of everything from the Verrazano Bridge to the Empire State Building).

The DUMBO penthouse first hit the market in August 2009, asking a full $25 million. After failing to attract a sufficiently generous buyer, the listing went off the market, only to return in 2013 with a new broker (and a new asking: $18 million).

The new owner, whose name is masked under an LLC, will now get to enjoy a spacious open floorplan that seems to have been built for entertainment — which makes perfect sense: who wouldn’t want people over to flaunt the four 14-foot glass clocks that open up to unique 360-degree views of everything from the Verrazano Bridge to the Empire State Building.

Image credit: Corcoran.com

More condos-to-die-for:

This $16M NYC Penthouse Has Unobstructed Views of Central Park and the Manhattan Skyline
Inside the $10M Hell’s Kitchen Penthouse that Trevor Noah Bought
This $10M Penthouse at One Clinton Towers Over Brooklyn, Offers Jaw-Dropping City Views
See Inside a $5.7M Coco Chanel-Inspired Condo in the Trendy 40 Bleecker Building in NoHo, Manhattan

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With a decade-long career as a digital content creator, Georgie started out as a real estate journalist for Multi-Housing News & CPExecutive. She later transitioned into digital marketing, working with leading real estate websites like PropertyShark, RENTCafé and Point2Homes. After a brief but impactful stint in the start-up world, where she led the marketing divisions of fintech company NestReady and media publisher Goalcast, Georgie returned to her first passion, real estate, and founded FancyPantsHomes.com