The first batch of resales are still trickling in at Two Northside Piers — you may recall prices for the first three units hit public records earlier this year. The most recent sale was the three-bedroom, three-and-a-half-bathroom penthouse unit PH7, which came in at $3,200,000. That works out to be $1,633 per square foot. PH7 first sold in May of 2012 for $2,138,325 — that’s a boost of over $1 million in one year. It was listed for $3,250,000 this April. Unit PH5 will close on June 15. It sold in 2011 for $2,545,000 and was then listed in March for $3,775,000. It will reportedly come in close to ask, although not as close as the PH7 sale. Ralph Modica of Douglas Elliman has handled these past five resales.
The First Three Resales at Two Northside Piers [Brownstoner]