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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.

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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.

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

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Image credit: Corcoran.com

More condos-to-die-for:

Inside the $10M Hell’s Kitchen Penthouse that Trevor Noah Bought
NoMad Penthouse Opens Up to Picture-Perfect Empire State Views
Futuristic Duplex Fit for the Jetsons Hits the Market in Chelsea
This 4-Floor Penthouse Atop San Francisco’s ClockTower Asks $7 Million, Comes With the Actual Clock

Written by Georgie Mihaila

With a decade-long career in the real estate industry, Georgie started penning articles in 2011 as an associate editor for Multi-Housing News & Commercial Property News. She later transitioned to digital marketing for major real estate websites like PropertyShark, RENTCafé and Point2Homes, led the marketing division of fintech start-up NestReady, and served as marketing director for the world's biggest inspirational media brand, Goalcast. She then returned to her first passion, real estate writing, and founded Fancy Pants Homes, where she covers luxury real estate news, celebrity homes, and properties with an impact on popular culture.

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