$2,475,000
SOLD FEB 3, 2017
Last list price
3 Beds
4 Baths
1,751 Sq Ft
$1,167/mo HOA Fee

Recently Sold

714 Days on Market

Highlights

  • Newly Remodeled
  • 2-minute walk to York Street
  • 2-minute walk to Susan Smith McKinney Steward Park
  • Pre War Building
  • West Facing Home

About This Home

As of February 2017

Designed by acclaimed architecture firm ODA, 51 Jay Street sets a new standard for living in DUMBO. Intensive study went into creating this duplex loft that is both elegantly proportioned and highly functional, a rare combination in warehouse conversions. Looking out over DUMBO's historic streets, this duplex residence is spread over two spacious levels, representing loft-living at its finest.

Every detail throughout this duplex speaks of expert craftsmanship and fine materials that exude the industrial charm of the building. A wall of expansive and elegantly proportioned casement windows allows light to pour onto oak herringbone floors in living areas. Oversized kitchens include dramatic custom cabinetry by Aster Cucine, La Rochelle Gris marble slab countertops, and a suite of Gaggenau appliances. Luxuriously appointed master bathrooms feature lacquered dark brown vanities with copper detailing, walnut brown marble flooring, and a glass-enclosed wet room with walk-in shower and soaking tub.

The same level of design and attention to detail can be found throughout the impressive amenities at 51 Jay . A double-height, attended lobby features polished concrete flooring with steel tracks inspired by the original rails that carried goods through the building. At the heart of 51 Jay Street is a private courtyard garden that redefines the idea of nature in the city. This urban sanctuary, designed by Steven Yavanian, is a shared visual amenity that creates an immersive atmosphere of wilderness through lush plantings and natural materials. The expansive rooftop terrace is outfitted with several areas for entertaining or relaxing, including an outdoor kitchen, a fireplace and outdoor showers. An additional floor of amenities includes a fitness center with yoga room, residents' lounge, children's playroom, bicycle storage, resident storage, pet washing and grooming station, and a large capacity laundry room. Visit us at our Dumbo Sales Gallery located on 20 Jay Street-suite 1019.

Anticipated Occupancy Summer of 2016 to all listings

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,856

Year Built

  • Built in 1905 | Newly Remodeled

Lot Details

  • West Facing Home

HOA Fees

  • $1,167 Monthly HOA Fees

Home Design

  • 1,751 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Community Details

  • 74 Units
  • 51 Jay Condos
  • Dumbo Subdivision
  • 6-Story Property

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,856

Year Built

Built in 1905 | Newly Remodeled

Lot Details

0

HOA Fees

$1,167 per month

Listing Details

  • Cross Street: Water Street
  • Exposures: West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Dumbo
  • Architectural Style: Prewar
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Living Area: 1751.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Bathrooms Integer: 4
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1167.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: Yes
  • Building Name: 51 JAY
  • Units: 74
  • Total Stories: 6
  • Year Built: 1905

Tax Info

  • Tax Block: NA
  • Tax Annual: 5856.0

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
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 Type Sale Price Title Company
Deed $2,523,224 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,856,250 Purchase Money Mortgage
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: RLS10103439

Real Estate Board of New York (REBNY)

APN: 00031-1406