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Two Trees Management reports that its condominium project One Domino Square has surpassed $300 million in residential sales, with the building now 70% sold. Positioned as Williamsburg’s tallest residential property, the tower has seen 112 residences close or enter contract since sales began in May 2024, according to the firm.
The sales program at One Domino Square has also produced a new benchmark transaction for the neighborhood. Penthouse 3A sold for $7 million, and Two Trees states that this sale set a record for the most expensive sponsor transaction in North Brooklyn history on a price-per-square-foot basis, at $3,313 per square foot. The company further notes that the property has been recognized as New York City’s fastest-selling building for more months than any other new development since its launch.
Sales momentum is being cited by the project team as an indicator of buyer response to the building and its setting along the Brooklyn waterfront. Aaron Goed, sales director for One Domino Square, described the property as nearing full sell-out and attributed demand to a combination of design, views, and amenity offerings. He also pointed to Domino Park and the surrounding waterfront neighborhood as a key draw for purchasers seeking residences in one of New York City’s more active residential destinations.
While detailed project metrics such as total unit count and building size were not disclosed, the reported sales total and pace of absorption indicate sustained activity in the for-sale segment of the local multifamily market. The building’s performance is being framed by the sponsor as both a reflection of the appeal of One Domino Square itself and of continued buyer interest in waterfront living in Williamsburg and North Brooklyn.
The series of transactions at One Domino Square, highlighted by a record-setting penthouse sale, underscores ongoing demand for higher-priced homes within this part of New York City. As sales progress toward completion, the project stands as a notable example of recent condominium activity along the Brooklyn waterfront.
The post Two Trees’ One Domino Square in Williamsburg Surpasses $300M in Condo Sales appeared first on CRE Market Beat.
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