Holy cow. Certain areas of Wall Street are in a tailspin and the economy is in a perceived recession, but that’s not affecting these two high-end 1 Main Street condo listings, now in contract. The first one is currently the most expensive condo on the market in Brooklyn at $7,800,000. This penthouse unit (listing) was first put on the market in August 2006 at $10,500,000 and subsequently reduced to $9,000,000 on Aug 30, 2006, then to $8,600,000 on Sept 14, 2006, then to the current price on Aug 15, 2007. The listing entered contract last week, but the final price has yet to be public. This condo can be used as a 2 or 3 bedroom, 2.5 baths, and has 3200 sq.ft. ($2437/sq.ft.). RE taxes are $757/month and common charges are $2061/month.
The second condo (listing) in contract at 1 Main Street is currently the 20th most expensive condo in Brooklyn at $2,875,000, and was first listed in Sept 2007. This condo has 2 bedrooms, 2.5 baths, a home office, and 2198 sq.ft. ($1308/sq.ft.). RE taxes are $307/month and common charges are $1254/month. Any 1 Mainers know if anyone famous is moving into either of these? There’s still 4 other listings, including this one for $4,300,000 at 1 Main for those who want to get in on the action before the stock market really tanks.