Unsellable’ Brooklyn penthouse finally bought for record $15M

2024-11-14

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Unsellable’ Brooklyn penthouse finally bought for record $15M

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A triplex penthouse inside Brooklyn's Clock Tower has sold for $15 million, a borough record for a condo purchase, after spending years on the market.



A triplex penthouse in Brooklyn — a 6,813-square-foot spread atop Dumbo’s striking Clock Tower building that languished on the market for roughly six years — has finally sold for $15 million.

This figure breaks a record for the priciest condominium unit ever sold in Kings County. The previous record-setter was a condo inside Brooklyn Bridge Park’s Pierhouse development, which closed earlier this month for $10.67 million. Before that, the priciest pad sold in the borough was an $8.1 million condo at One John Street in Dumbo.

The buyer, who made the purchase via a limited liability corporation, could not immediately be identified.

The Clock Tower penthouse, at 1 Main St., is notorious in New York City real estate circles; it sat on the market for years with too-high price tags and endured several brokerage switches before selling.

The $15 million purchase marks a 40 percent discount below the pad’s original asking price of $25 million, according to the New York Times, which first reported the sale.

All these figures, however, pale in comparison to the priciest apartment ever sold in Manhattan: a $100.5 million duplex on the 89th and 90th floors of One57 on Billionaires’ Row.

Though an undeniably groundbreaking sale for Brooklyn, this three-bedroom, 3½-bathroom apartment — known especially for the four clock faces set into its windows — will be remembered for its reputation as one of the city’s most unsellable homes, as The Post reported last year.

The Clock Tower pad was last purchased by an unknown buyer, masked behind an LLC, in 2006 for $10.75 million. After re-entering the market in 2009, asking $25 million, the penthouse was de-listed until 2013, when it returned for $18 million following a broker swap.

It even spent some time on the rental market, and briefly asked a sky-high $50,000 per month.

The pad entered contract in June 2016. The Times reports the nine-month delay in closing was due to the building’s developer, Two Trees Management, making modifications to the home’s design at the buyer’s request.

Beyond the triplex’s signature tickers, it features a chef’s kitchen with lacquer cabinets and Gaggenau and Sub-Zero appliances, exposures in all directions, ceilings upwards of 50 feet high and a glass-enclosed three-story private elevator, the listing notes.

Additional perks include a master suite with views of Lower Manhattan, the Manhattan Bridge and the Statue of Liberty. (The last two landmarks can be seen from the bathroom.)

Frank Castellucio of Corcoran had this listing; the buyer was represented by Monica Luque of Douglas Elliman.



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