Condo sales begin at DUMBO’s new tallest building
Unique architecture evokes sailing ship; high prices echo the neighborhood in general
Sales have begun at Olympia Dumbo, the tallest residential building in the much-sought-after DUMBO neighborhood.
Olympia Dumbo’s condo units are the most expensive in Brooklyn, according to online sources. The property, according to the developer, Fortis Property Group, “offers 76 residences, ranging from one to five bedrooms with private terraces, plus penthouses, starting at approximately $1.75 million.”
In general, DUMBO is now the most expensive neighborhood in Brooklyn, according to a report from Property Shark in January that was referenced in the Eagle. “Despite a 31 percent drop in the number of sales in the neighborhood from last year, prices in DUMBO edged up 8 percent, resulting in a median sale price of $1.625 million for DUMBO co-ops and condos,” the report said.