According to the Real Deal, Fortis Property Group’s new Dumbo condo units are the most expensive dwellings in Brooklyn. Olympia Dumbo will ask upwards of $3,000 per square foot for its two highest units, according to its initial offering plan filed with the state. The 76-unit project’s total sellout is almost $375 million — just under $5 million per pad. The average asking price of $2,203 per square foot is the highest in the borough, according to an analysis by Marketproof, a real estate analytics company that tracks new development sales in the city. That’s 7 percent more than the runner-up, Brooklyn Heights’ Quay Tower, where the average is $2,054. The third most expensive is Alloy Development’s 46-unit condo at 168 Plymouth Street in Dumbo at $1,797 a foot.
While a teaser website for the project is live, sales have not officially started.