109 days on Market

4 apartments are currently available in this building.

Pricing History

Key Details

Listed Mar 15, 2018

Days on Market 109

Building Type Condominium

Neighborhood DUMBO
Monthly Common Charges $826

Monthly Real Estate Taxes $488

Apartment Amenities

Western Exposures
City View
Park View
Washer/Dryer in apt.

Sales History

3 closings
+$1,085,000 Aggregate price change (+125.4%) May 6, 2003 - Jul 2, 2018
+5.5% Compound Annual
Growth Rate

{"historical":[[1052193600000,865000,"<div class=\"bulb \" style=\"border-color: #73d1f6;\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"date\">Sold on May 6, 2003<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"big\">$865,000<\/span><span class=\"ppsqft\">$612 \/ ft<sup>2<\/sup><\/span><\/div>"],[1339646400000,1435000,"<div class=\"bulb \" style=\"border-color: #73d1f6;\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"date\">Sold on Jun 14, 2012<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"big\">$1,435,000<\/span><span class=\"ppsqft\">$1,015 \/ ft<sup>2<\/sup><\/span><span class=\"on_market\">86 days on market<\/span><span class=\"listed_date\">Listed on Mar 20, 2012<\/span><\/div>"],[1530504000000,1950000,"<div class=\"bulb \" style=\"border-color: #73d1f6;\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"date\">Sold on Jul 2, 2018<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"big\">$1,950,000<\/span><span class=\"ppsqft\">$1,379 \/ ft<sup>2<\/sup><\/span><span class=\"on_market\">109 days on market<\/span><span class=\"listed_date\">Listed on Mar 15, 2018<\/span><h3>Price History (1)<\/h3><span class=\"price_change\"><span class=\"date\">Mar 15, 2018: <\/span><span class=\"info\">Listed by Sothebys Intl Realty at $2,250,000<\/span><\/span><\/div>"]]}

^*Apartment 5K at The Clocktower Building has sold three times during the past seventeen years.

The first sale during this period was on May 6, 2003 for $865,000 ($612 / ft²) . The most recent sale was on July 2, 2018 , when it sold for $1,950,000 ($1,379 / ft²) .

For the fifteen year, one month period from May 6, 2003 to July 2, 2018, the price of the apartment increased by a total of $1,085,000. This represents a total increase of 125.4% during this period.

On an annualized basis, during this period, the price of this unit increased at an average rate of 5.5%.

Please note that CityRealty's records go back to 2003. As a result, there may have been previous sales of this unit prior to 2003 that have not been included in this analysis.

About The Clocktower Building, 1 Main Street

The Clocktower Building, 1 Main Street has received a CityRealty Rating of 88, based on:

Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

Out of 44

Out of 36

Out of 39

Out of 119

Architecture Rating: Points Breakdown

Exterior:

Very Distinguished 7 out of 8 points

Retail Quality:

Attractive 4 out of 5 points

Canopy Entrance:

Attractive 2 out of 3 points

Alterations:

Well Done 1 out of 2 points

Plaza Or Atrium:

None 0 out of 3 points

Contextual Design:

Yes and Good 2 out of 3 points

Skyline:

Highly Visible 2 out of 2 points

Local Visibility:

Highly Visible 2 out of 2 points

Watertank:

Attractively Enclosed 2 out of 2 points

Airconditioners:

Not Allowed 2 out of 2 points

Free Standing:

Corner 1 out of 2 points

Gargoyles:

None 0 out of 2 points

Garden:

None 0 out of 2 points

Fenestration:

Consistent 1 out of 1 points

Landmark:

Part of Historic District 1 out of 2 points

Unity:

Unified Design 1 out of 1 points

Illumination:

None 0 out of 1 points

Water Element:

None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:

Outstanding 5 out of 5 points

Distance To Neighborhood Center:

Less than 10 blocks 5 out of 5 points

Views:

Dazzling 4 out of 4 points

Neighborhood Ambience:

Very Attractive 3 out of 3 points

Traffic Noise:

Very Little 3 out of 3 points

Protected Views:

Only Top Floors 1 out of 2 points

Distance To Subway:

3-5 Short Blocks 1 out of 2 points

Firedepartment Noise:

No Noise 2 out of 2 points

Distance To Supermarket:

3-5 Short Blocks 1 out of 2 points

Distance To Park:

Less Than 3 Short Blocks 2 out of 2 points

Distance To Water:

Less than 3 Short Blocks 2 out of 2 points

Shopping:

5 or less Short Blocks 2 out of 2 points

Schools:

No Noise 1 out of 1 points

Noise From Nightlife:

None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:

Spacious 4 out of 5 points

Units Per Floor:

10-15 1 out of 5 points

Ceiling:

11-14 Feet 3 out of 4 points

Balconies:

None 0 out of 3 points

Health Club:

Yes 1 out of 2 points

Private Gardens:

None 0 out of 2 points

Storage Rooms:

Considerable 2 out of 2 points

Bay Windows:

None 0 out of 1 points

Fireplaces:

None 0 out of 1 points

Door Person:

None 0 out of 1 points

Concierge:

Yes 1 out of 1 points

Elevator Person:

None 0 out of 1 points

Recreational Roof:

Yes 1 out of 1 points

Driveway:

None 0 out of 1 points

Maids Room:

None 0 out of 1 points

Catering:

None 0 out of 1 points

Garage:

None 0 out of 1 points

Mixed Use:

Yes 1 out of 1 points

Non Rectilinear Form:

No 0 out of 1 points

Unusual Layouts:

Some 1 out of 1 points

Prewar:

Yes 1 out of 1 points

Other Amenities:

Many 2 out of 2 points

Condo
Built in 1914
124 Apartments
16 Floors

Building Amenities

Conversion Year: 1998
Concierge
High-Rise
Pre War
Central AC
Health Club
Rooftop Terrace
Elevator
Fitness Center

About this Building

Map View | Street View

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The Clocktower Building, 1 Main Street, #5K

Pricing History

Key Details

Apartment Amenities

Sales History

About The Clocktower Building, 1 Main Street

The Clocktower Building, 1 Main Street has received a CityRealty Rating of 88, based on:

Rating Summary

Architecture Rating: Points Breakdown

Location Rating: Points Breakdown

Features Rating: Points Breakdown

Building Amenities

Map View | Street View

Other Apartments Available in this Building (3)

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