Real Estate

Olympia Dumbo 28th-floor Condo Scores Brooklyn’s Top Contract

The last three-bedroom above the 24th floor at Fortis Property Group’s Olympia Dumbo went into contract last week. 

The apartment was one of 24 Brooklyn homes — 10 houses and 14 condos — to sign a deal last week, according to Compass’ weekly reports for contracts signed on homes asking at least $2 million from Oct. 6 to Oct. 12. The contracts had a total last asking volume of over $79 million, down from last week’s $115 million over 35 contracts.

The top contract went to unit 28B at the 30 Front Street property. The home had a last asking price of $6.2 million. 

It had originally been asking $6.65 million before being pulled off the market last December and re-listed in March. 

The corner residence spans over 2,500 square feet and features three bedrooms and three full bathrooms. The primary suite comes with a walk-in closet, a freestanding soaking tub and a white maple double vanity. 

The distinctive sail-shaped building has a 24-hour doorman and concierge, a full-size tennis court, indoor and outdoor swimming pools, and a fitness center with a boxing gym and spin studio.

The project has sold roughly two-thirds of its 76 units since sales launched in 2021 and has rotated through a number of sales teams in that time, according to Marketproof.

Three different teams are currently overseeing sales along with Douglas Elliman Development Marketing.  The most recent iteration features Elliman’s Jessica Peters and Carl Ekroth of The Jessica Peters Team, Fredrik Eklund and John Gomes of Elliman’s Eklund Gomes Team, and Sotheby’s International Realty’s Karen and Casey Heyman of The Heyman Team.

In March, the building scored a nearly $10 million resale that set the record for the most expensive condo price per square foot at $3,300. 

The second priciest contract went to a townhouse at 244 Bergen Street in Boerum Hill with a last asking price of nearly $6 million. 

The home, which had previously sold for $4.1 million in 2014, had been on the market for just over two months. 

Spanning 3,600 square feet, the home features five beds and three full baths. Every mechanical element, including the plumbing, HVAC, boiler and sprinkler system, has been upgraded, but the home retains four woodburning fireplaces and marble mantles and restored shutters and moldings.

In the back, a south-facing garden is filled with mature trees, shrubs and bluestone walking paths. A wall of floor-to-ceiling glass faces open onto a deck overlooking the backyard from the parlor floor.  

Corcoran’s Deborah Rieders and Sarah Shuken had the listing. 

Homes put into contract last week had a median asking price of $2.9 million and an average price per square foot of $1,576.

Read more

Olympia Dumbo Nabs First Resale for $10M

Fortis’ Olympia Dumbo nabs first resale for $10M


Fort Green Townhouse, Olympia Dumbo Condo Lead Brooklyn Luxury Contracts

Fort Greene townhouse, Olympia Dumbo score top Brooklyn contracts


Brooklyn Luxury Market Cracks $100M In One Week

Brooklyn luxury market tops $100M in contract signings in one week





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