Press

A penthouse went into contract at the “urban resort-style” One Williamsburg Wharf this week, marking a possible new record for sponsor sales in the neighborhood. Penthouse A is a three-bedroom, three-bath home with an expansive private terrace, fireplace, and sweeping views of the Manhattan skyline and East River. The apartment, which entered contract on Wednesday for $7.2 million, would break Williamsburg’s previous most expensive sponsor sale by $2 million if it closes at that price.

The real estate deal would also surpass another Williamsburg waterfront development as the priciest condo sale in the neighborhood so far this year. In October, a four-bedroom apartment in Two Trees Management’s One Domino Square fetched $5.8 million, or $2,200 per square foot, according to The Real Deal.

A five-bedroom apartment at Two Northside Piers that sold for $8.3 million in 2021 remains the biggest condo deal in Williamsburg.

Entry to Penthouse A is through a well-lit gallery that gracefully flows into a spacious great room, complete with a large private balcony boasting northern and western exposures.

The kitchen is crafted with top-of-the-line materials, featuring honed Calacatta Gold Quartz slab countertops and backsplash. It includes luxurious elements like custom cabinetry, an InSinkerator garbage disposal, a matte black Waterworks pull-down faucet, a wine cooler, and high-end integrated Miele appliances.

The king-size primary bedroom suite features dual walk-in closets and a spa-like ensuite. It is adorned with radiant heated honed Carrara marble mosaic tile floors and fluted Dolomite wainscoting.

The residence also includes custom vanities with curved corners, an oversized medicine cabinet with integrated LED lighting, a full-height storage unit with a built-in hamper, a free-standing soaking tub, and a walk-in shower. The second and third bedrooms have private closets and access to full bathrooms.

An elegant staircase leads up to a private landing and rooftop terrace, perfect for sunbathing, grilling, urban gardening, and much more.

The penthouse sale follows another pricy sale at the building last week, with Penthouse E finding a buyer at an asking price of $4.8 million and Penthouse F going into contract for an asking price of $3.8 million.

Located at 482 Kent Avenue, One Williamsburg Wharf is the first of five towers at Naftali Group’s “urban resort-style” development along the Williamsburg waterfront. Designed by Brandon Haw Architecture, the 22-story luxury condo tower features 89 “design-forward” residences and world-class indoor and outdoor amenities.

One Williamsburg Wharf is currently a contender in 6sqft’s annual Building of the Year contest.

Residents will have full access to the “Williamsburg Wharf Resort & Recreation Club,” which complements the building’s waterfront location and pays homage to the Dutch influence found in the neighborhood’s architecture.

Shared amenities include a stunning rooftop pool deck that turns into an ice-skating rink in winter, an indoor and outdoor fitness center with a terrace, a yoga and meditation room, a basketball court, a game room, a pet spa, a laundry room, and landscaped waterfront green spaces, including nearly 525 feet of East River frontage.

Residents will also have exclusive access to a porte-cochere with an open-air inner court and East River views, ensuring discrete entry and exit.

Additional amenities include bike storage, parking, electric vehicle charging, and a 24-hour attended lobby, and Café Kent—a residents-only space perfect for a morning coffee and socializing with neighbors.

Built in phases, the development includes five 22-story luxury residential towers designed by a team of renowned firms, featuring Brandon Haw Architecture, Cookfox, Rockwell Group, Ward + Grey, Studio Munge, Hill West, Scape Landscape Architecture, and Future Green Studio.

Plans for housing at the waterfront site first surfaced in 2008, when former property owner Abraham Rosenberg began the city’s land review process to rezone 470 Kent Avenue and allow for large-scale residential development, according to CityRealty.

Naftali entered into a contract to buy the site in February 2019 and closed on it the next spring, according to The Real Deal. In November 2022, the developer secured a $385 million construction loan to move forward with the project.

Sales launched at the building in September. SERHANT. New Development is handling sales and marketing for the project.