---
title: "1 Main Street #5L, New York City, NY 11201"
description: "1 Main Street #5L, New York City, NY 11201 — Dumbo, New York City, NY. Listing Price $2,375,000. 1 bed, 2 bath, 1,655 sqft Illustrative Buyer Commission Share of $35,625 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/1-main-street-l-5L-ny-11201"
source: "Real Estate Rebate Team"
status: "Active"
---

# 1 Main Street #5L, New York City, NY 11201

Dumbo, New York City, NY

Courtesy of Sothebys International Realty

## At a Glance

- **Listing Price**: $2,375,000
- **Beds**: 1
- **Baths**: 2
- **Sqft**: 1,655
- **Common Charges**: $1,401 / mo
- **Monthly Taxes**: $1,848 / mo
- **Price per Sqft**: $1,435
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $2,375,000
- **Illustrative Buyer Commission Share**: -$35,625*
- **Illustrative Net Cost**: $2,339,375

*Illustrative Buyer Savings of $35,625 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![1 Main Street #5L, New York City, NY 11201 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7c658170-6313-4c8a-a6c0-b6fc50066863.jpg)
![1 Main Street #5L, New York City, NY 11201 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bbe47ddb-efae-4c30-b8bb-af93a5596540.jpg)
![1 Main Street #5L, New York City, NY 11201 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/32869f94-a577-4265-8568-f1b409856161.jpg)
![1 Main Street #5L, New York City, NY 11201 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/56d5d274-8ce2-42a4-8f18-e92d8e56a208.jpg)
![1 Main Street #5L, New York City, NY 11201 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ae4b8c7d-d073-4dcb-b66f-0c354175b9a2.jpg)
![1 Main Street #5L, New York City, NY 11201 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/16f8193a-fb81-4e0b-8280-a23620a87714.jpg)
![1 Main Street #5L, New York City, NY 11201 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/46d7afeb-46a2-47be-ab77-387030cf1d96.jpg)
![1 Main Street #5L, New York City, NY 11201 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/21fc7380-dffe-4e05-9b54-bddef598da90.jpg)
![1 Main Street #5L, New York City, NY 11201 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8450d62f-3749-4158-9316-09df9c773299.jpg)
![1 Main Street #5L, New York City, NY 11201 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4c4ed48b-dd35-4bd8-93c2-3eb9191a5bae.jpg)

## Property Overview

Located in DUMBO’s highly coveted Clocktower Condominium sits this approx. 1,655+/- sq.ft. renovated one-bedroom loft boasting two separate home offices that can easily be configured as two interior sleeping areas and two full baths.

The open chef’s kitchen is thoughtfully designed with a Liebherr refrigerator, Thermador oven and cooktop, Bosch dishwasher, and a stone countertop island, all complemented by ample cabinetry for abundant storage throughout.

This west-facing home is filled with natural light and features hardwood floors and soaring 11 +/- ft concrete-beamed ceilings, seamlessly complemented by exposed columns and beams. The living area offers sweeping western views of the Brooklyn Bridge, Brooklyn Bridge Park, the East River, and the Downtown Manhattan skyline.

The beyond expansive primary bedroom is bathed in natural light through wall-to-wall, west-facing windows offering the same views as the living space and features a large walk-in closet. The renovated en-suite bath includes a custom dual vanity with additional storage below and a deep soaking Jacuzzi tub with a shower.

Two home offices are currently configured as interior sleeping spaces, but can provide ultimate versatility if you need a work-from-home space and a large interior sleeping room. Directly adjacent to both interior rooms is a full bathroom. Completing the home are a Miele washer/dryer, custom built-ins, automatic shades, and central A/C.

Nestled in the heart of DUMBO, the renowned Clocktower Condominium boasts a magnificent marble lobby, 24-hour concierge service, a sunlit, well-equipped gym, and an adjoining common roof deck. Additional amenities include a bike room and a private storage center. Located on a charming cobblestone street, One Main Street sits directly across from Brooklyn Bridge Park, Empire Stores, and St. Ann’s Warehouse Theater. Enjoy proximity to renowned restaurants, cafés, boutique shopping, the A/C/F subway lines, the NYC Ferry, and everything DUMBO has to offer.

## Property Details

- **Property Type**: Condominium
- **Beds**: 1
- **Baths**: 2
- **Rooms**: 5
- **Sqft**: 1,655 sqft
- **Stories**: 15
- **Year Built**: 1916
- **Price per Sqft**: $1,435
- **Common Charges**: $1,401 / Monthly
- **Monthly Taxes**: $1,848 / mo
- **Listed On**: Jul 7, 2026
- **Days on Market**: 67 Days

### Residence Features

- Central Air
- Common On Floor
- Common Area
- In Unit
- Garage
- Building Roof Deck
- Entrance Foyer
- Dryer
- Dishwasher
- Washer
- City
- See Remarks
- Water

### Building Amenities

- Garage

## Sales Evidence

### Recent closed sales

21 apartments at Clock Tower Condo have recorded sales since September 2021, the most recent for $3,850,000 in August 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [9D](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/1-main-street-d-9D-ny-11201) (Apartment) | 3 | 2,477 | $3,850,000 | $1,554/ft² | August 18, 2026 | MLS |
| 2J (Loft) | 3 | 2,005 | $2,950,000 | $1,471/ft² | March 13, 2026 | City record · MLS |
| 7H (Loft) | 3 | 2,139 | $2,765,000 | $1,293/ft² | February 17, 2026 | City record · MLS |
| 9B (Apartment) | 3 | 2,592 | $6,225,000 | $2,402/ft² | December 15, 2025 | City record |
| 2L (Apartment) | 1 | 1,655 | $2,050,000 | $1,239/ft² | October 3, 2025 | City record · MLS |
| 2F (Apartment) | — | 1,293 | $1,550,000 | $1,199/ft² | July 17, 2025 | City record |
| 10L (Apartment) | 1 | 1,655 | $2,450,000 | $1,480/ft² | May 29, 2025 | City record |
| 5C (Apartment) | 2 | 1,191 | $1,750,000 | $1,469/ft² | April 21, 2025 | City record |
| 4F (Apartment) | 2 | 1,293 | $1,650,000 | $1,276/ft² | December 16, 2024 | City record · MLS |
| 3K (Loft) | 1 | 1,414 | $1,867,500 | $1,321/ft² | August 26, 2024 | City record · MLS |
| 4H (Apartment) | 3 | 2,139 | $2,650,000 | $1,239/ft² | July 18, 2024 | City record · MLS |
| 3L (Apartment) | 1 | 1,655 | $2,125,000 | $1,284/ft² | October 27, 2023 | City record · MLS |
| 7D (Apartment) | 3 | 2,477 | $3,700,000 | $1,494/ft² | October 18, 2023 | City record · MLS |
| 6G (Apartment) | 4 | 3,354 | $3,950,000 | $1,178/ft² | June 27, 2023 | City record · MLS |
| 8-K (Apartment) | 1 | 1,414 | $2,150,000 | $1,521/ft² | February 13, 2023 | City record · MLS |
| 10C (Apartment) | 1 | 1,191 | $1,790,000 | $1,503/ft² | January 19, 2023 | City record · MLS |
| 6F (Apartment) | 1 | 1,293 | $1,655,000 | $1,280/ft² | July 7, 2022 | City record · MLS |
| 5D (Apartment) | 4 | 2,477 | $3,700,000 | $1,494/ft² | June 6, 2022 | City record |
| 9L (Apartment) | 1 | 1,655 | $2,750,000 | $1,662/ft² | June 2, 2022 | City record · MLS |
| 11F (Loft) | 1 | 1,293 | $1,675,000 | $1,295/ft² | April 11, 2022 | City record · MLS |
| 9k (Apartment) | 1 | 1,414 | $2,300,000 | $1,627/ft² | December 17, 2021 | City record · MLS |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

The median closed price for comparable one-bedroom sales at Clock Tower Condo is $2,087,500, based on 10 sales between December 2021 and October 2025. This home is asking $2,375,000, $287,500 above that median. The middle half of those sales closed between $1,809,375 and $2,262,500.

- **Median closed price**: $2,087,500
- **Middle half**: $1,809,375 – $2,262,500
- **Based on**: 10 one-bedroom sales at Clock Tower Condo
- **Period**: December 2021 – October 2025
- **Median $/ft²**: $1,401/ft²

Across the 7 of these sales with a published asking price, the median closed at 95.5% of what it originally asked. 71% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 95.5% of the original ask
- **Closed below ask**: 71% of 7 sales
- **Listed → in contract**: 183 days (about 26 weeks)
- **In contract → closed**: 88 days (about 13 weeks)

Across the 7 of these sales with a published asking price, the median closed at 95.5% of what it originally asked. 71% of them closed below the original ask.

Half of these homes were in contract within 183 days (about 26 weeks) of coming to market, based on the 7 with a recorded listing date.

Once a deal was agreed, closing took a further 88 days (about 13 weeks), based on the 7 with both dates recorded.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Based on 10 one-bedroom sales at Clock Tower Condo, December 2021 – October 2025. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median price per square foot for sales at Clock Tower Condo, 2017 to 2025. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year.

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2017 | $1,430/ft² | 6 |
| 2018 | $1,379/ft² | 11 |
| 2019 | $1,320/ft² | 5 |
| 2022 | $1,395/ft² | 4 (thin) |
| 2023 | $1,494/ft² | 5 |
| 2024 | $1,276/ft² | 3 (thin) |
| 2025 | $1,469/ft² | 5 |

Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at Clock Tower Condo](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/clock-tower-condo)

## Property Tax History

Taxes at 1 Main Street #5L were $23,482 in 2026, up 5.4% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $202,802 | $3,368 | $199,434 | $187,857 | $23,482 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $196,942 | $3,368 | $193,574 | $178,289 | $22,286 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $189,695 | $3,368 | $186,327 | $173,892 | $21,737 | 12.5% |
| 2023 (FY 2023/24) | $187,576 | $3,368 | $184,208 | $166,855 | $20,860 | 12.502% |
| 2022 (FY 2022/23) | $162,279 | $3,368 | $158,911 | $154,662 | $18,972 | 12.267% |
| 2021 (FY 2021/22) | $154,960 | $3,368 | $151,592 | $142,148 | $17,392 | 12.235% |
| 2020 (FY 2020/21) | $174,964 | $3,368 | $171,596 | $130,338 | $15,989 | 12.267% |
| 2019 (FY 2019/20) | $154,505 | $3,368 | $151,137 | $105,965 | $13,217 | 12.473% |
| 2018 (FY 2018/19) | $126,613 | $3,368 | $123,245 | $85,684 | $10,806 | 12.612% |
| 2017 (FY 2017/18) | $99,705 | $3,368 | $96,337 | $70,981 | $9,028 | 12.719% |
| 2016 (FY 2016/17) | $95,918 | $3,368 | $92,550 | $63,875 | $8,235 | 12.892% |
| 2015 (FY 2015/16) | $53,091 | $3,367 | $49,724 | $60,171 | $7,752 | 12.883% |
| 2014 (FY 2014/15) | $53,092 | $3,368 | $49,724 | $63,737 | $8,193 | 12.855% |
| 2013 (FY 2013/14) | $46,628 | $3,368 | $43,260 | $60,785 | $7,990 | 13.145% |
| 2012 (FY 2012/13) | $64,156 | $3,893 | $60,263 | $72,677 | $8,430 | 13.181% |
| 2011 (FY 2011/12) | $78,939 | $4,283 | $74,656 | $77,125 | $7,870 | 13.433% |
| 2010 (FY 2010/11) | $71,763 | $3,894 | $67,869 | $78,044 | $6,659 | 13.353% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 3000271046. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### Clock Tower Condo

DUMBO · Condominium

1 Main Street, Brooklyn, NY 11201

A building in DUMBO, currently featuring 3 active listings.

- **Year Built**: 1916
- **Total Units**: 3
- **Floors**: 15

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/clock-tower-condo)

### Available Residences — For Sale (3)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [5L](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/1-main-street-l-5L-ny-11201) | 1 | 2 | 1,655 sqft | $1,435 | $2,375,000 | Sothebys International Realty | Jul 7, 2026 | 66 days |
| [9D](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/1-main-street-d-9D-ny-11201) | 3 | 3 | 2,477 sqft | $1,554 | $3,850,000 (-3.6%) | Compass | Mar 4, 2026 | 191 days |
| [4K](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/1-main-street-k-4K-ny-11201) | 1 | 2 | 1,414 sqft | $1,556 | $2,200,000 | Sothebys International Realty | Jul 7, 2026 | 66 days |

## Estimated Monthly Payment

**$15,258 / month**, assuming a 20% down payment ($475,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $12,009
- **Property Taxes**: $1,848
- **Common Charges**: $1,401

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Potential NYC Second-Home Tax

This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price.

[Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator)

## DUMBO

Overview of DUMBO

[Explore DUMBO](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/dumbo) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Dumbo

- [Vinegar Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/vinegar-hill)
- [Downtown Brooklyn real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/downtown-brooklyn)
- [Brooklyn Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/brooklyn-heights)
- [Two Bridges real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/two-bridges)
- [Lower East Side real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lower-east-side)
- [Navy Yard real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/navy-yard)
- [Vinegar Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/vinegar-hill)
- [Downtown Brooklyn real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/downtown-brooklyn)
- [Brooklyn Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/brooklyn-heights)
- [Two Bridges real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/two-bridges)
- [Lower East Side real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lower-east-side)
- [Navy Yard real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/navy-yard)

## Related Links

- [Clock Tower Condo — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/clock-tower-condo)
- [DUMBO neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/dumbo)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.