August 7th, 2012
The following condo is new to the Dumbo Brooklyn market for the week of July 30 – August 5, 2012:
- 7/31/2012: 57 Front Street #604 (Sotheby’s), $999,000 ($868/sf), $781/mo cc, $247/mo taxes, 1150sf, 2 bed, 2 bath
This 7 story, 33 unit condo (warehouse conversion by developer Leviev Boymelgreen in 2006) had early lot line issue and since resolved have resulted in several reconfigurations of smaller floorplands into large combined units, according to EVP Terrance Le Ray and Charles Homet of Halstead Property.
A similar layout, but on the top floor with private rooftop space, #704 sold on 6/21/2012 for $1,145,000 (or $1,011 per square feet) according to city records. Another recent sale at unit #305 sold for $649,000 (a 1.5 bed, 1 bath, 1,067sf, $608/sf).