$1,939,511Average Value$203Average Price per Sq Ft0Homes 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.
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DUMBO Demographics and Home Trends
On average, homes in DUMBO, Brooklyn sell after 11 days on the market compared to the national average of 70 days. The median sale price for homes in DUMBO, Brooklyn over the last 12 months is $683,000.
Nestled in vibrant DUMBO is a sunny and sophisticated 2 bedroom, 2 bathroom condo ready to be called your home. Upon entering you are met by the inviting glow of Southern exposures through oversized windows. The open kitchen has been completely upgraded from the original finishes and includes double waterfall quartzite counter and matching backsplash. The Miele refrigerator features a custom
Welcome to apartment 9D, a stunning loft that seamlessly combines chic urban living with classic industrial design. Located in The Sweeney Building, DUMBO's premier pre-war condominium, this residence features a solid concrete structure that provides whisper quiet living. With generous proportions, soaring beamed ceilings, and thoughtful upgrades 9D epitomizes loft living. The spacious
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,
***Secure, Turnkey Income with Upside in Prime DUMBO*** Currently leased at $13,500/month through next August, this stunning 4-bed, 3-bath, 2,285?sq?ft loft condo delivers immediate cash flow and strong upside potential. Offered at $2,195,000 ($961/sq?ft), the property achieves a 5% cap rate a rare find in Brooklyn s high-demand market. Exceptional triple exposure floods the space with natural
J Condo is a premier condo building in the heart of DUMBO,Brooklyn, it offers unparalleled luxury and convenience living. Transportation is convenient with the F, A and C subway lines nearby. Located steps away from the F York Street station, DUMBO ferry, Manhattan and Brooklyn Bridge Entrances, it boast unbeatable access. Inside the pet-friendly building, residents enjoy a 24/7 attended lobby,
Impeccable Sun-Drenched DUMBO Loft with Iconic Skyline ViewsBathed in natural light from a full expanse of oversized windows, this immaculate loft on the 8th floor of 70 Washington commands sweeping, unobstructed views of both the Brooklyn and Manhattan skylines. Soaring 11-foot concrete-beamed ceilings and a rare column-free layout create a voluminous, airy flow throughout this
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
RARELY AVAILABLE CORNER 3 BED WITH BEST LAYOUT, LIGHT & VIEWS! This corner unit faces East and South and benefits from amazing light and views from the Williamsburg Bridge to the Statue of Liberty. The apartment was fully renovated by Block Renovation in 2022 and features upscale finishes and clever design elements. The chef's kitchen includes high-end integrated appliances and an enlarged
Experience the largest FLEX 2-bedroom layout at 98 Front, where all amenities are included in the rent. Enjoy state-of-the-art facilities such as a gym, pool, sauna, steam room, co-working space, and a stunning rooftop. These thoughtfully crafted homes offer a serene escape from the hustle and bustle, blending comfort and luxury seamlessly. The spacious great room serves as the heart of the home,
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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.
