Penthouse Price Plummets in Brooklyn

Since it went on the market in February, this three-bedroom, three-bath penthouse duplex at 383 Carlton Avenue has had three price cuts, most recently a 10-percent reduction ($225,000) sometime yesterday. New York test-drove the space this spring and found it pleasing enough. It's certainly swanky, with all the top finishes and appliances. And with 2,328 square feet, a roof terrace, and two balconies, there's plenty of space for entertaining. The new price tag of $1.875 million is nearly a million less than that initial asking, making the penthouse primed for the picking. "It's a very dramatic price drop," admits listing broker Jerry Minsky of the Corcoran Group. "The owner's ready to sell. It's one the nicest apartments in downtown Brooklyn." —S. Jhoanna Robledo

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