On the Market: 57 Front Street, Unit 703

This 57 Front Street penthouse loft, completely redesigned is new on the market in Dumbo. This is a one bedroom, one bath condo with 1,100 square feet of living space plus a 830 sq.ft landscaped private terrace. It is asking $1,400,000 ($1,272/sq.ft), and is a modern, fully redesigned space with outdoor space and a separate storage space.

If this listing looks familiar to you, it was featured almost three years ago. The asking price then was a hefty $1,795,000 and according to StreetEasy, the listing was removed in August 2008 (It’s not clear whether or not sold, but the furniture looks the same). Monthly maintenance is $688 and $199 monthly real estate tax. We hear from realtors that prices in Dumbo haven’t gone down in the past year for premium buildings, and inventory is still small. Will this one go for asking or close to it?

{Elliman listing}

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