$2,006,425Average Value$1,646Average Price per Sq Ft61Homes For Sale
Brooklyn neighborhood blends established industrial vibe with refreshed feel
DUMBO — an acronym for Down Under the Manhattan Bridge Overpass — is a trendy Brooklyn neighborhood known for its cobblestone streets and beautiful waterfront views of the Manhattan and Brooklyn Bridges. A mix of redbrick buildings and the scenic backdrop of the Manhattan Bridge makes the corner of Washington and Water Streets a hotspot for tourists and locals to capture photos. Situated along the East River near Vinegar Hill and Downtown Brooklyn, the formerly industrial area has seen luxury condo buildings rise between warehouses-turned-lofts. “It’s this interesting mix of old industrial conversions and ground-up high-rise buildings,” says Jennifer Lee, a licensed associate real estate broker with SERHANT LLC who lives near the DUMBO border in Brooklyn Heights. “There’s a huge draw because you’re on the water, with easy access to downtown Manhattan.”
One of the most photographed spots in Brooklyn
View of the Manhattan Bridge
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Luxury condo towers and historic conversions
The neighborhood is characterized by reimagined buildings that were once industrial spaces. “There used to be a lot of warehouses and print factories from the early 1900s. When they re-zoned DUMBO, they became condo conversion projects,” Lee says. A two-bedroom condo in a converted warehouse goes for around $2.25 million. A one-bedroom in the restored 1916 Clock Tower Condominium at 1 Main Street costs between $1.6 and $2.1 million. The sale of air rights gave property owners the ability to extend their properties upward, allowing for larger luxury condo towers. One such tower is the curved 33-story Olympia at 30 Front Street, where a three-bedroom runs $5 million to more than $6.5 million, and the 21-story Front and York at 85 Jay Street, where a two-bedroom costs between $1.8 and $2.3 million. The preservation of historic buildings has been an ongoing topic, with loft laws put in place to protect certain structures. With the sale of air rights, taller towers, like 69 Adams, continue to rise.
The commercial building 10 Jay Street
The Olympia condo tower
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Stylish dining options and local stores along the waterfront
Shops and restaurants cluster within Empire Stores along Water Street, a brick warehouse-turned-shopping mall. Upscale Italian fare and open waterfront views are hallmarks of Cecconi’s Dumbo. Other stylish eateries like Em Vietnamese Bistro and casual options like Thai Sidewalk sit near Front Street. The multi-story Time Out Market also houses at least two dozen bars and restaurants, and hosts annual and regularly recurring cultural events, including holiday markets and weekly jazz performances. Local retail spots like The Powerhouse Arena bookstore and vintage clothing store 2nd Street Dumbo are tucked next to art and photography galleries. On Jay Street, small markets like Bridge Fresh and Wholesome Farms Market offer groceries. Additional supermarkets include Dumbo Market and Peas & Pickles.
Wholesome Farms Market is a busy shop for groceries
Diners enjoy Em Vietnamese Bistro
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Recreation and events at the riverside Brooklyn Bridge Park
Brooklyn Bridge Park stretches 85 acres along the riverside, providing ample space for both passive and active recreation. The Empire Fulton Ferry Lawn on the park’s north side offers incredible views of the Brooklyn Bridge and Lower Manhattan, and is also the home of Jane’s Carousel, a grand 1922 children’s ride that has been expertly restored. Pebble Beach and its scenic riverside vistas are another attraction of the Brooklyn Bridge Park. The park continues southwest of the neighborhood and provides spaces for a wide range of activities, including fishing, pickleball, rock climbing, roller skating and kayaking. Throughout the year, Brooklyn Bridge Park hosts numerous diverse events. Free outdoor fitness, yoga and dance classes are on the schedule during the summer and fall. In May and June, the Kite Festival and Brass Bands Festival bring families to the park.
Brooklyn Bridge Park has an indoor park with swing sets
Jane's Carousel is located in the park
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Access to highly-rated public schools
Students in DUMBO may attend schools within the New York City School District No. 13. The A-rated P.S. 8 The Emily Warren Roebling School serves kindergarten through sixth grade and is in the top 6% of elementary schools in New York City. The Dock Street School for STEAM Studies serves grades six through eight and has an A-minus rating from Niche. High School students can apply to attend the highly regarded Brooklyn Technical High School, which Niche gives an A-plus and rates as No. 4 on the list of standout high schools in America.
Dock Street School for STEM Studies
PS8 The Emily Warren Roebling School
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Two ferry routes, plus the F train
The F train subway stop can be found at York Street. The DUMBO/Fulton Ferry stop services two routes that access North and South Brooklyn, Midtown and Wall Street. Drivers can utilize the Manhattan and Brooklyn Bridges to get into Lower Manhattan, and the Brooklyn-Queens Expressway to get to LaGuardia Airport.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Are you familiar with the DUMBO neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
DUMBO
US
Homicide
2
4
Sexual Assault
3
4
Assault with Weapon
2
4
Robbery
4
4
Burglary
3
4
Motor Vehicle Theft
2
4
Larceny
4
4
Crime Score
3
4
Source: WhatIsMyCrimeRisk.com
DUMBO Demographics and Home Trends
On average, homes in DUMBO, Brooklyn sell after 148 days on the market compared to the national average of 51 days. The median sale price for homes in DUMBO, Brooklyn over the last 12 months is $1,995,000, down 33% from the median home sale price over the previous 12 months.
"51 Jay Street, Residence 5D is a 2 Bedroom/2.5 Bathroom loft in a beautifully converted warehouse, designed by the acclaimed architecture firm, ODA. The high ceilings (9'6""), herringbone oak flooring and the Western light pouring through the oversized casement windows will wow you upon entry. Every detail throughout this ~1400 square foot home speaks of expert craftsmanship and
Immediate Occupancy. On-site model residences now available to tour by appointment. Offering expansive views of the Brooklyn Bridge, Residence 15A is DUMBO living at its best. This three bed, three-and-a-half bath home features a split 198 SF river-facing terrace for diverse use and elegant living. The formal foyer and gracious gallery lend way to the light-filled great room,
Immediate Occupancy. On-site model residences now available to tour by appointment. With views of the Manhattan Bridge and skyline, corner Residence 19B is the definition of elite living. This three bedroom plus, two-and-a-half-bathroom home with 2,191 SF of interior space is imbued with an everlasting and modern beauty. The centrally located foyer opens up into the great room,
Triple exposure 3BR + Home Office Loft under $2.2M 2,285 sqft $961 PPSF in Prime DUMBO Discover a rare opportunity to own an expansive four-bedroom residence or a flexible three-bedroom alternative floor plan featuring a grand primary suite, all in the heart of Brooklyn s vibrant DUMBO neighborhood. Nestled at 57 Front Street, this remarkable home masterfully blends classic industrial design
Discover DUMBO’s Hidden Gem – Residence 6P at 98 Front Street.This thoughtfully crafted one-bedroom retreat offers a perfect blend of comfort and refined design. The great room provides ample space for both daily living and entertaining, while every inch of the home has been curated to maximize functionality without compromising on style. Oversized, sound-attenuated 8'8" ALUMIL windows
Karen Heyman DefontesSothebys International Realty
Stunning Convertible 3-Bedroom Residence with Views in the Heart of DUMBO Discover the perfect blend of historic charm and modern luxury in this upgraded 2 bed, 2.5 bath home, ideally located in one of Brooklyn's most sought-after buildings- J Condo. 18A welcomes you with a gracious entry foyer featuring oversized, custom-designed white oak closets. The
4 Water Street, 2C, Brooklyn, NY 11201Secure 8/15/2025 Move-In (Reside in one of most desirable locations in NYC)Located in the heart of DUMBO intersecting with Brooklyn Heights. Do not miss the opportunity to reside in this boutique condo building. Moments away from the forever iconic River Caf , Time Out Market, multiple Brooklyn pizzeria staples, Cecconi's, an abundance of
"A rare find, this glamorous penthouse duplex sits atop a converted warehouse in the historic waterfront neighborhood of Dumbo. With a private parking space next door and sprawling terraces that enjoy views of the Manhattan Bridge and open sky, this home truly has it all. This penthouse features top-of-the-line finishes throughout and 4 bedrooms and 4 and a half bathrooms spread over 3,016
You will feel at home right away in this bright and airy loft in Dumbo's most desirable condo.With an open kitchen concept and expansive living space large enough to fit a full living room and dining area, this apartment is excellent for those working from home and looking to entertain.As you enter 11B and walk down the foyer, you are immediately greeted by an open layout living
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Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
6,757
Median Age
38
Population Density
119 ppl/acre
Population under 18
24.8%
On par with the national average
23.8%
Population over 65
6.1%
Below the national average
19.1%
Finances
Median Household Income
$232,441
Significantly above the national average
$71,702
Average Household Income
$234,459
Education and Workforce
High School Graduates
98.6%
College Graduates
93.1%
Significantly above the national average
34.1%
Advanced Degrees
47.6%
Significantly above the national average
13.3%
% Population in Labor Force
90.9%
Weather
Annual Precipitation
50''
Average Winter Low Temperature
28°F
Average Summer High Temperature
85°F
Annual Snowfall
2''
Area Factors
Very Bikeable
Bike Score®
84/ 100
Walker's Paradise
Walk Score®
99/ 100
Rider's Paradise
Transit Score®
100/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
