Penthouse Atop Dumbo’s Clocktower Building Finally Sells for $15 Million


After nine years on the market, the penthouse on top of Dumbo’s Clocktower building at 1 Main Street has finally sold for $15 million.

That’s a discount of $10 million below the original asking price of $25 million.

brooklyn clocktower apartment dumbo 1 main street

The penthouse, No. 16, is a 7,000-square-foot condo inside the tower itself, so the occupant can peer out of the clocks on all four sides to see the view. Jed Walentas of Two Trees put it on the market in 2009.

It set a record for a condo sale in Brooklyn, as the New York Times was the first to note.

brooklyn clocktower apartment dumbo 1 main street

While it closed for a relatively high price, Friday’s sale does not represent Brooklyn’s most expensive. That honor still belongs to a townhouse at 177 Pacific Street in Cobble Hill, which sold in 2015 for $15.5 million.

The buyer is the Colombian-born art dealer Lio Malca, who lives in Manhattan, according to the Real Deal. The sale has not yet hit public records but was announced by Corcoran Friday.

The apartment previously sold in 2006 for $10,750,000.

brooklyn clocktower apartment dumbo 1 main street

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