NOT LISTED FOR SALE

Estimated Value: $2,407,750 - $3,152,000

3 Beds
3.5 Baths
1,751 Sq Ft
0.63 Acres

Last Sold February 03, 2017

Current estimated payment $14,942/month

Highlights

  • Home Theater
  • 2-minute walk to York Street
  • Courtyard
  • Wood Flooring
  • Home Gym
  • 2-minute walk to Susan Smith McKinney Steward Park

About This Home

As of August 2024

Offering the rare combination of a loft with townhouse-like elegance, Apt. 1F is located at 51 Jay Street, one of DUMBO’s most sought-after residences. This exceptional west-facing duplex spans approximately 1,751 +/- sq. ft., boasting 3 bedrooms and 3.5 baths. Impressively, its multi-height ceilings soar to approximately 19' +/-, flooding the space with natural light.

Upon entering, you're greeted by an expansive and airy living, kitchen, and dining space. The chef's kitchen highlights cabinetry by Aster Cucine, La Rochelle Gris marble slab countertops, top-of-the-line Gaggenau appliances, and a convenient separate pantry closet for extra storage.

Adjacent to the living room lies the first of three bedrooms. This bedroom offers generous storage solutions and a luxurious en-suite bath containing a glass-enclosed tile-walled shower and a Duravit toilet. Notably, each of the three bedrooms in this home has its own high-end spa-quality en-suite bathroom!

A photo gallery staircase seamlessly connects you to the home’s second level leading to a hallway with custom bookshelves, the primary bedroom, and a third bedroom. The primary bedroom features a cozy custom brick wall, custom drapes, and a generously sized fitted walk-in closet. The sumptuous en-suite bath includes a double vanity marble sink, rainfall shower, and deep soaking tub. An additional bedroom is located on this level with a double-wide closet and also access to an en-suite bath that has a deep soaking tub and vanity with storage.

Rounding out this home are wide plank herringbone oak floors, beautiful black casement windows throughout, a separate powder room with a laundry closet, Bosch w/d, and an abundance of storage options.

Originally an industrial warehouse before its conversion in 2016, 51 Jay Street comprises 75 units across 7 stories and features a fully attended lobby with polished concrete flooring and steel tracks inspired by the original rails that carried goods throughout the building. Additional amenities include a full-time doorman, fitness center, residents’ lounge, children’s playroom, pet washroom, bicycle storage, parking, and an expansive private rooftop kitchen with areas for relaxing and entertaining, including an outdoor kitchen. 51 Jay Street is conveniently located only two blocks from Brooklyn Bridge Park and is near iconic Washington Street, Jane’s Carousel, and Time-Out Market. Multiple transportation options are at your disposal, which includes the A, C, and F trains and the New York East River Ferry/Water Taxi l, simplifying life for the everyday commuter. Enjoy historic cobblestone streets, eclectic stores, cozy cafes, acclaimed restaurants, renowned art galleries, and all that DUMBO has to offer.

Last Agent to Rent the Property

Karen Heyman Defontes

Sothebys International Realty License #40HE0781079 Listed on: 04/23/2024

Sothebys International Realty

Co-Listed By

Alan Heyman

Sothebys International Realty License #40HE1069794

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,902

Year Built

  • Built in 2016

Lot Details

  • 0.63

Parking

  • Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,751 Sq Ft Home
  • Entrance Foyer
  • Home Theater
  • Storage
  • Home Gym
  • Dishwasher
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Additional Features

  • Courtyard
  • West Facing Home
  • Central Air

Listing and Financial Details

  • Property Available on 8/15/24
  • Legal Lot and Block 7504 / 00031

Community Details

Overview

  • 76 Units
  • Dumbo / Vinegar Hill Subdivision
  • 7-Story Property

Amenities

  • Courtyard
  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$10,902

Year Built

Built in 2016

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: None
  • Available Date: 2024-08-15

Listing Details

  • Exposures: West
  • Property SubType: Loft
  • Property Type: Residential Lease
  • Neighborhood: DUMBO / Vinegar Hill
  • Architectural Style: Loft
  • Entry Level: 1
  • Structure Type: None
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Interior Features: Entrance Foyer, Elevator, Storage
  • Appliances: Dryer, Washer/Dryer Stacked, Dishwasher, Washer
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 1751.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6
  • Dining Room Type: Gym, Media Room

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 3

Exterior Features

  • Direction Faces: West
  • Exterior Features: Building Courtyard, Courtyard
  • Other Structures: Garage(s)

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Common On Floor, Common Area, Laundry Room, In Unit
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 27250.0
  • Lot Size Dimensions: 0.0 x 155.0

Building Info

  • New Construction: No
  • Units: 76
  • Total Stories: 7
  • Year Built: 2016

Tax Info

  • Tax Block: 00031
  • Tax Lot: 7504

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2015
Closed on
Feb 2, 2017
Sold by
201 Water Street Llc
Bought by
Megan Roland Revocable Trust and Sydney Schaub Trustee
List Price
$2,475,000
Current Estimated Value
$2,646,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,856,250
Outstanding Balance
$1,542,032
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,104,906
Source: Public Records

Range of Values:

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Average Value
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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
Megan Roland Revocable Trust $2,523,224 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Megan Roland Revocable Trust $1,856,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2024 08/19/24 Rented $9,995 0.0% --
08/02/2024 08/02/24 Under Contract -- -- --
07/19/2024 07/19/24 Price Changed $9,995 -9.1% $6 / Sq Ft
04/23/2024 04/23/24 For Rent $11,000 0.0% --
02/03/2017 02/03/17 Sold -- -- --
01/04/2017 01/04/17 Pending -- -- --
01/21/2015 01/21/15 For Sale $2,475,000 -- $1,413 / Sq Ft
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 $10,902 $247,281 $7,324 $239,957
2024 $10,902 $238,178 $7,324 $230,854
2023 $8,829 $212,832 $7,324 $205,508
2022 $7,178 $179,511 $7,324 $172,187
2021 $6,405 $154,100 $7,324 $146,776
2019 $5,230 $146,846 $7,324 $139,522
2018 $4,843 $132,225 $7,324 $124,901
2017 $2,615 $48,688 $7,324 $41,364
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10991386

Real Estate Board of New York (REBNY)

APN: 00031-1406