Two Trees’ One Domino Square is competing against itself.
Just over six months after setting the record for the priciest condo sold in North Brooklyn on a per-square-foot basis, the waterfront development put another penthouse into contract that is on pace to beat that mark.
Penthouse 3A is under contract for $7 million, according to a spokesperson for the project. If the deal closes at that price, its $3,313 per square foot would outpace the previous record by 9 percent.
Last year, Penthouse 1A set the record for a condo sale when it closed for $7.5 million, or $3,046 per square foot. That deal also marked the priciest condo sponsor sale in the neighborhood.
The new record would represent another win for One Domino in its unofficial battle for the top with One Williamsburg Wharf, a condo component of Naftali Group’s broader redevelopment along the waterfront. The two developments, which launched sales within four months of each other in 2024 and sit less than 10 blocks apart, had traded condo records back and forth over the past few years.
A penthouse at One Williamsburg Wharf that sold for $7.2 million at the end of 2024 held the title of priciest sponsor sale in the area for about six months. Before that, a One Domino Square that went for $5.8 million had the record.
Sales director Aaron Goed previously downplayed any competition between the buildings. “I think their success helps us, and vice versa, and there’s definitely enough demand to go around,” Goed told The Real Deal in June.
Williamsburg Wharf will have more cracks at the crown when it launches the project’s second phase, which includes 360 condos across two residential towers known as 80 Wharf Way. That portion is expected to be completed in 2028. Naftali Group and Len Blavatnik’s Access Industries landed $525 million in construction loans for the project in December.
Both developments have contributed to a surge in home prices in North Brooklyn and the borough’s new development market as a whole. In the fourth quarter, the median sale price in the area spanning Williamsburg and Greenpoint jumped 20 percent annually to a record $1.65 million, according to a report from Corcoran.
Spanning over 2,100 square feet, Penthouse 3A comes with three bedrooms, three full bathrooms and nearly 1,000 square feet of rooftop outdoor space. The turnkey apartment came furnished by Irish design brand Orior.
Led by an in-house sales team, over two-thirds of the 160 units in One Domino Square’s condo portion have sold. The development also includes a 399-unit rental portion and is part of Two Trees’ larger development site that includes and surrounds the old Domino Sugar refinery.
Read more
One Domino’s $7.5M penthouse snags Williamsburg new dev record
Two Trees’ One Domino Square snags Williamsburg’s top condo sale this year
Naftali’s waterfront condo snags Williamsburg’s priciest sponsor sale
