NOT LISTED FOR SALE

160 Front St, Unit 740 Brooklyn, NY 11201

Downtown Brooklyn Neighborhood
2 Beds
2.5 Baths
-- Sq Ft
3.1 Acres

Highlights

  • New Construction
  • 3-minute walk to High Street
  • 1-minute walk to Walt Whitman Park
  • P.S. 8 Robert Fulton Rated A
  • Garage

About This Home

As of January 2023

Leasing Studio, One, Two, and Three-Bedroom Residences!



Offering 1 Month OP and 1 Month Free on a 14 Month Lease!



Masterfully composed inside and out by Morris Adjmi Architects, Magnolia DUMBO is Brooklyn's only luxury rental apartment address encircling an expansive private park, created by Michael van Valkenburgh, designer behind Brooklyn Bridge Park.



This address that has it all: lofty, contemporary residences complemented by the transformative amenities of The Magnolia Club, an indoor/outdoor resident's club that plays like an urban resort, Life Time Flagship, the ultimate wellness destination, and perfect convenience with plenty of vehicular and bicycle parking and a 1-minute walk to the subway. Effortless living anchoring New York's most inspiring creative neighborhood.



Net effective rents advertised.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,777,411

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 3.1

Parking

  • Garage

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Community Details

  • 320 Units
  • Magnolia Dumbo Condos
  • Dumbo Subdivision
  • 7-Story Property

Listing and Financial Details

  • Property Available on 1/4/23
  • Tax Block 00054

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,777,411

Year Built

Built in 2021 | New Construction

Lot Details

0

Rental Info

  • Available Date: 2023-01-04

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Dumbo
  • Entry Level: 7
  • ResoPropertyType: ResidentialLease
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Dryer, Washer
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 2

Garage/Parking

  • Garage: Yes

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

  • New Construction: Yes
  • Building Name: MAGNOLIA DUMBO
  • Units: 320
  • Total Stories: 7
  • Year Built: 2021

Tax Info

  • Tax Block: 00054

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2021
Sold by
85 Jay Street Llc
Bought by
Rxr 85 Jay Street Owner Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,779,597
Outstanding Balance
$59,946,013
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rxr 85 Jay Street Owner Llc $220,000,000 --
Rxr 85 Jay Street Owner Llc $220,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rxr 85 Jay Street Owner Llc $64,779,597
Closed Rxr 85 Jay Street Owner Llc $64,779,597
Previous Owner Jpmorgan Chase Bank National Associatio $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2023 01/24/23 Rented $6,860 +7.7% --
01/10/2023 01/10/23 Price Changed $6,370 +8.3% --
01/04/2023 01/04/23 For Rent $5,880 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,777,411 $53,782,965 $2,613,915 $51,169,050
2024 $5,777,411 $50,934,015 $2,613,915 $48,320,100
2023 $5,523,998 $45,031,365 $2,613,915 $42,417,450
2022 $3,842,393 $31,783,815 $2,613,915 $29,169,900
Source: Public Records

About This Building

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10821644

Real Estate Board of New York (REBNY)

APN: 00054-1001

New York Kings County Brooklyn 11201 Downtown Brooklyn

160 Front St Unit 740, Brooklyn, NY

This home is located at 160 Front St Unit 740, Brooklyn, NY 11201 since 04 January 2023. This property was built in 2021. 160 Front St Unit 740 is a home located in Kings County with nearby schools including P.S. 8 Robert Fulton, Brooklyn Prospect Charter School, and Brooklyn Laboratory Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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