Brooklyn's Priciest Condo, Asking $32 Million, to Go Back on the Market
Brooklyn’s priciest condo will soon be back on the market. The 11,000-square-foot triplex apartment at One Brooklyn Bridge Park, aka 360 Furman Street, was originally listed in May but was taken off the market in February without selling. But now the couple who owns it decided to put the sprawling home up for sale again because it was…
Brooklyn’s priciest condo will soon be back on the market. The 11,000-square-foot triplex apartment at One Brooklyn Bridge Park, aka 360 Furman Street, was originally listed in May but was taken off the market in February without selling. But now the couple who owns it decided to put the sprawling home up for sale again because it was suddenly feeling too big, as the Wall Street Journal first reported.
One recent evening, while the owner, Stuart Leaf, was in his condo, he got a call from his wife asking when he would be home. As it turned out, “we’d both been home for three hours,” he told the Journal, but the space was so massive neither realized it.
The penthouse — a combination of nine separate units — has six bedrooms and six bathrooms, a 3,500-bottle wine room, a gym with its own rock climbing wall, and a dedicated screening room. There is also a 75 foot-long terrace. The property will be listed with Karen Heyman of Sotheby’s.
Prices in the borough continue to increase at a rapid rate, and we’re sure to see more record closings soon — spring is always a good time of year to list. It’s not hard to believe that an apartment this large, combined out of nine units, should command a significant premium.
Still, we continue to see huge price resistance in Brooklyn to anything over $10,000,000. Dozens of those listings out in the last two years are either still on the market, off the market, or sold at a much lower price than initial ask. The record for the entire borough is still $12,500,000 — for 70 Willow, the extraordinary Greek Revival mansion in Brooklyn Heights. (Heyman sold that one too.)
We’d be surprised if this goes for ask. What do you think?
Brooklyn’s Priciest Condo Listed for $32 Million [WSJ]
Sprawling, Revamped Condo at One Brooklyn Bridge Park Asks $32 Million [Brownstoner]
Interior photo by Sotheby’s
haven’t seen this place, but have seen a lot of the apartments here. I think it is probably pretty amazing — and if you can afford it, there is always a way to use 10,000 sq feet… I feel like the pictures don’t do it any justice at all. But in any event, I think the price is way too high and it will probably sell next year for about 18 million.
The saying “less is more” comes to mind when looking at this place. Why does anyone need 10,000 square feet of living space ? It’s impossible to decorate. Instead of looking like a home, these over-sized apartments look more like the conference center at the Grand Hyatt (and that’s not a compliment). It seems like the owners now realize this and are downsizing to 5,000 square feet, but I can’t imagine why anyone would want to / need to buy this much living space. Indoor basketball court ?
A lot of money for a place that really “only” has views going for it. The finishes can’t be that old yet they feel quite dated. The size of the space feels like a liability rather than a desirable luxury; all that space is cold and un-unified and seems like it will be a chore to live in and use. The guest apartment is a complete after thought. Seems like a lot of work would be needed to make this place right and for 32 million you can buy something that is already amazing with great views and beautiful finishes with great size but without thousands of extra square feet that are tacked on simply for the sake of bragging rights.
dozens? that is at least 24. Sounds like exaggeration.
Seems there are 6 currently at that price. ( we are talking houses, coops, condos not including development sites or commercial)
wut