Wow that was fast. This 70 Washington Street penthouse (PH-L) that was on the market on February 4 closed its sale on April 12 for $3,850,000 ($1,808 per square foot). The listing entered into contract on March 5, only a month after being in the market. The asking price was $4,200,000, so the sold price was -8.3%.

Elsewhere:
{Brownstoner: Last Week’s Biggest Sales, 20Apr2010}
{Streeteasy.com listing}
{On the Market: Gorgeous 70 Washington PH, 05Feb2010}

6 Responses to “70 Washington #PH-L Sold in 4 Weeks”

  1. bkboy Says:

    I guess the brokers failed to tell them their view will be gone in two years…. ooops

  2. downtown bk Says:

    Not entirely true. The lot next door is not zoned to build higher than 7 stories.

  3. bkboy Says:

    And the lot where the garage is at Front & Dock is 12-14 stories and starts construction in 18-24 months… There goes that view and the value will drop to half!

  4. bkboy Says:

    And the lot where the garage is at Front & Dock is 12-14 stories and starts construction in 18-24 months… There goes that view and the value will drop to half!

  5. Dumbo NYC, Brooklyn » Archive » 30 Main St Apartment Largest and Most Expensive on the Market (DumboNYC.com) Says:

    [...] move in. Not sure if it can go as quickly as the nearly $4million move-in-now-condition condo at 70 Washington that sold in 4 weeks, but there’s definitely potential for someone to make this a great [...]

  6. Dumbo NYC, Brooklyn » Archive » One Couple’s Dumbo Real Estate Story (DumboNYC.com) Says:

    [...] $1,269 per square foot; another a one-bedroom for $1.5 million, or $1,197 per square foot”), which we profiled in April 2010 and was sold in 4 weeks for under [...]

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