If I had $18 Million

If I had $18 Million dollars...

This amazing penthouse is found in the Clock Tower building in Brooklyn, New York.  Designed by William Higginson, it was built in 1914.  The Landmarks Preservation Commission had the following comments regarding the building:

"The austere concrete facade, articulated by large window openings, vertical piers, rusticated base projecting cornice, prominent clock tower, and abstracted, classically-inspired detail, marks 1 Main Street as an example of the Industrial Neo-Classical style. This, together with its reinforced concrete construction, makes it representative of American factory architecture of this period and contributes to the architectural and historical character of the DUMBO Historic 
District. Built in 1914, during a major period of development when manufacturers such as Robert Gair were enhancing DUMBO’s status as one of the city’s most important industrial neighborhoods, the structure contributes to the district through its architecture, structure, and the fact that its owners played a significant role in the area’s history."~www.nyc.gov

All photo's complements of Corcoran Group Real Estate

It has over 6800 square feet of living space that works out to $2642 per feet.  The taxes per month would be roughly $4595 and maintenance fees are $2687 per month.  It has three bedrooms, and three and one half baths.
Amazing features of this property are the four 14-foot glass clocks that encircle the apartment and provide 360 degree views.  The ceilings soar from 16 to 50 feet.
Imagine if you put 10% down, (that's only $1.8 million) a 30 year mortgage at 3.50% interest your payment including taxes and maintenance fees would only be...
$80,027 a month!

Not bad for a one of a kind property in a historic building.



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