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Denzel Washington's Penthouse At Olympia In Dumbo Sold For $16.25 Million
SOLD
$16,250,000
+ 3
New York
See Similar DealsCondo4,928 SF
Sold 02/25/2026
SOLD
Denzel Washington's Penthouse At Olympia In Dumbo Sold For $16.25 Million
30 Front Street
See Similar DealsCondo4,928 SF
Sold 02/25/2026
+ 3
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$3,297
Total Square Footage:4,928 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$866,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$57,732.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$77,033.29
Annual Debt Service$924,399.48
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