Denzel Washington's Penthouse At Olympia In Dumbo Sold For $16.25 Million
30 Front Street
$16,250,000
$3,297/SF
Building Size
4,928 SF
Asset Type
Condo
Closing
Feb 25, 2026
AI
A Dumbo penthouse located at 30 Front Street was sold for $16,250,000. This condo has a square footage of 4,928 and a price per square foot of $3,297. The sale marks it as the third-highest condo sale in Brooklyn.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $16,250,000
- Square Footage: 4,928
- Price Per Square Foot: $3,297
- Address: 30 Front Street
- Market: Dumbo
The transaction involved several brokers, including Jessica Peters, Carl A. Ekroth, Fredrik Eklund, and John Gomes from Douglas Elliman, along with Karen Heyman and Casey Heyman from Sotheby's International Realty. The property was notably featured as Denzel Washington’s fictional home in the film "Highest 2 Lowest," directed by Spike Lee.
Players
Brooklyn Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.98%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93