NOT LISTED FOR SALE

Estimated Value: $1,786,506 - $2,200,000

2 Beds
2.5 Baths
1,391 Sq Ft
3.37 Acres

Highlights

  • Rooftop Deck
  • 2-minute walk to York Street
  • Central Air
  • Pre War Building
  • Entrance Foyer
  • 2-minute walk to Susan Smith McKinney Steward Park

About This Home

As of July 2021

Welcome to 51 Jay Street where the layers of old and new combine to create a totally fresh and original product that could only exist in DUMBO - one of New York's most sought after neighborhoods. Designed by the acclaimed architecture firm, ODA, 51 Jay is an industrial warehouse conversion that offers classic, historic details with sleek, contemporary finishes. This chic designer two-bedroom residence boasts close to 1,400 square feet. The entry foyer leads to a beautiful open chef's kitchen and a spacious living room with a wall of expansive north facing casement windows. The open kitchen is appointed with custom cabinetry by Aster Cucine, La Rochelle Gris marble slap countertops and a complete Gaggenau appliance package. The impressive master suite offers oversized dual pane windows, a custom-built walk-through closet leading to an en-suite master bathroom which features walnut marble flooring, a lacquered dark brown double vanity with copper detailing, glass enclosed walk-in shower and deep soaking bathtub. The second bedroom is very well proportioned with oversized casement windows and a large, customized closet. The second full bath and powder room are both elegantly finished with nickel hardware, tundra gray honed marble, oak vanities and basalt porcelain tiles. Additional Highlights: gorgeous oak herringbone wood floors, soaring 10+ foot high ceilings, central heat/AC system, custom built designer shelving, striking steel casement windows with custom shades throughout and a vented in-unit Bosch washer/dryer. Amenities: A double-height attended lobby with 24-hour doorman/concierge, fitness and yoga room, children's playroom, residents' lounge, bike storage, resident storage, a pet washing & grooming station, cold storage and a large capacity laundry room. The outdoor space includes an intimate landscaped courtyard and a magnificent rooftop terrace with multiple lounging areas, an outdoor kitchen, grill and fireplace. Just outside your front door lies the definition of industrial charm. The historic streets lead to the 85-acre Brooklyn Bridge Park famed by Janes Carousel, St. Anns Warehouse, Dumbo House, Empire Stores and the recently re-opened Time Out Market. Dumbo has also become a destination of boutique shops, art galleries and Michelin star restaurants with impeccable waterfront views. Manhattan is just one stop away on the F, A or C subway lines, a short bike ride over the Brooklyn or Manhattan Bridge or a quick ride on the East River ferry to downtown and midtown destinations.

Last Agent to Rent the Property

Sabina Sangha

Compass License #10401261575 Listed on: 06/01/2021

Compass

Co-Listed By

Kevin Sneddon

Compass License #10301216139

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1905

Lot Details

  • 3.37

Home Design

  • Pre War Building
  • Entry on the 1st floor

Interior Spaces

  • 1,391 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • North Facing Home
  • Central Air

Listing and Financial Details

  • Property Available on 7/1/21
  • Legal Lot and Block 7504 / 31

Community Details

Overview

  • Dumbo Subdivision
  • 7-Story Property

Amenities

  • Rooftop Deck
  • Courtyard
  • Laundry Facilities

Condo Details

Home Type

Condominium

Year Built

Built in 1905

Lot Details

0

Rental Info

  • Available Date: 2021-07-01

Listing Details

  • Cross Street: Plymouth Street/Water Street
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Dumbo
  • Architectural Style: Prewar
  • Entry Level: 1
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 1391.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Courtyard, Building Roof Deck

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 7
  • Year Built: 1905

Tax Info

  • Tax Block: 31
  • Tax Lot: 7504

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2017
Sold by
201 Water Street Llc
Bought by
Nathoo Jamil M
Current Estimated Value
$1,934,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,256,500
Outstanding Balance
$1,043,805
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$891,072
Source: Public Records
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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
Nathoo Jamil M $1,830,814 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nathoo Jamil M $1,256,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Off Market $7,000 -- --
07/07/2021 07/07/21 Rented -- -- --
07/07/2021 07/07/21 Rented $7,000 0.0% --
06/07/2021 06/07/21 Under Contract -- -- --
06/01/2021 06/01/21 For Rent $7,000 -- --
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 $4,685 $183,064 $5,422 $177,642
2024 $4,685 $176,325 $5,422 $170,903
2023 $3,310 $157,561 $5,422 $152,139
2022 $2,202 $132,893 $5,422 $127,471
2021 $1,867 $114,081 $5,422 $108,659
2019 $1,920 $108,711 $5,422 $103,289
2018 $1,936 $97,887 $5,422 $92,465
2017 $1,936 $36,045 $5,422 $30,623
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10722748

Real Estate Board of New York (REBNY)

APN: 00031-1401