NOT LISTED FOR SALE

Estimated Value: $2,461,549

2 Beds
3 Baths
1,579 Sq Ft
1905 Built

Sale Details

Date Sold: June 19, 2017

Last sale price $2,265,000 $1,434 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $16,182 / mo

842 Days on Market

Highlights

  • Built in 1905 | Newly Remodeled
  • 2-minute walk to York Street
  • 2-minute walk to Susan Smith McKinney Steward Park
  • Pre War Building
  • South Facing Home

About This Home

As of June 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 href=' target='new'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. Anticipated Occupancy Winter of 2016.
.The complete offering terms are in an offering plan available from sponsor File NO. CD14-0159.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,204

Year Built

  • Built in 1905 | Newly Remodeled

HOA Fees

  • $1,198 Monthly HOA Fees

Home Design

  • 1,579 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Additional Features

  • Washer and Dryer Hookup
  • South Facing Home

Community Details

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,204

Year Built

Built in 1905 | Newly Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$1,198 per month

Listing Details

  • Cross Street: Water Street
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Dumbo
  • Architectural Style: Prewar
  • CustomProperty: { "WeeklyRate": null, "OffMarketDate": "2017-06-19", "LivingAreaRange": null, "GuestHouseYN": null, "Lang2_Type": null, "AboveGradeUnfinishedAreaRange": null, "GuestHouseAreaTotalUnits": null, "PrivateShowingInstructions": null, "NumberOfBoatSlips": null, "LotSizeRangeUnits": null, "LakeId": null, "BuildingAreaTotalRange": null, "HumanModifiedYN": false, "MineralRights": null, "LotSizeRangeSource": null, "Permission": null, "Membership": null, "ModificationTimestamp": "2026-08-05T20:05:35.643-00:00", "Restrictions": null, "BoatDockSlipFeatures": null, "OffersReviewDate": null, "AdditionalFeeFrequency": null, "PotentialShortSale": null, "TitleCompanyPhone": null, "LeaseAmountPerAreaUnit": null, "AssociationFeeTotal": null, "PropertyAccess": null, "AdditionalFee": null, "LakeSize": null, "LivingAreaRangeHigh": null, "LotSizeAreaRangeLow": null, "GarageArea": null, "BelowGradeFinishedAreaRange": null, "BuildingAreaTotalRangeSource": null, "GarageAreaUnits": null, "AdditionalFeeYN": false, "LakeChainName": null, "BelowGradeFinishedAreaRangeUnits": null, "DevelopmentName": null, "TaxAuthority": null, "ProjectName": null, "WaterAccessYN": null, "AssociationFeeTotalFrequency": null, "ListOfficeMlsId": "632", "GarageDimensions": null, "BelowGradeBedrooms": null, "MembershipRequiredYN": null, "AboveGradeBedrooms": null, "GulfAccessYN": null, "TaxAssessedValueImprovement": null, "AboveGradeUnfinishedAreaRangeSource": null, "OtherExpenseDescription": null, "MembershipFeeFrequency": null, "ListingKeyNumeric": 1091804016, "AdditionalInfo3": null, "BoatDockSlipDescription": null, "AdditionalInfo1": null, "PublicRemarks_lang2": null, "AdditionalInfo2": null, "PublicRemarks_lang3": null, "SourceFloorPlansCount": null, "LastMonthRentReqYN": null, "AboveGradeUnfinishedAreaRangeUnits": null, "ListAOR": null, "ThirdPartyIntegrationType": null, "BuildingAreaTotalRangeUnits": null, "PricePerAreaUnit": null, "FractionalShare": "0.00", "TitleCompanyName": null, "AboveGradeFinishedAreaRangeSource": null, "BelowGradeFinishedAreaRangeSource": null, "OriginatingSystemKey": "3255349", "GuestHouseAreaTotalSource": null, "LeaseTermsDescription": null, "PropertyType": "Residential", "LivingAreaRangeUnits": null, "OriginatingSystemName": "RLS", "BelowGradeUnfinishedAreaRangeSource": null, "LandTenure": null, "OffSeasonRate": null, "Attic": null, "MembershipFee": null, "BoatDockAccommodates": null, "PropertySubTypeAdditional": "Apartment", "PricePerArea": null, "BoatDockYN": null, "BonusAmount": null, "GuestHouseAreaTotal": null, "ListingKey": "1091804016", "GuestHouseDescription": null, "SecurityDepositYN": null, "SourceSupplementPublicCount": null, "SaleOrLeaseIncludes": null, "AdditionalFeeDescription": null, "InternetEntireListingDisplayYN": true, "SeasonRate": null, "ComplexName": null, "StoriesPartial": null, "CustomFields": "{\n \"ElevatorsTotal\": \"2\",\n \"PercentOfCommonElements\": \"0.00\",\n \"FlipTaxRemarks\": \"0\",\n \"BuildingTaxLot\": \"NA\",\n \"ViewRemarks\": \"street\",\n \"MaximumFinancingPercent\": \"1.00\",\n \"TaxDeductionPercent\": \"0.00\",\n \"ListingKey\": \"1091804016\"\n}", "BoatDockHeight": null, "AvailabilityType": null, "LakeName": null, "OriginatingSystemSubName": "RLS_REBNY", "RiverName": null, "BelowGradeUnfinishedAreaRangeUnits": null, "ListOfficeKey": "5671795", "TaxYearRange": null, "NumberOfBoatDocks": null, "LotSizeAreaRangeHigh": null, "TaxAssessedValueLand": null, "StandardStatus": "Closed", "GulfAccessType": null, "BoatSlipYN": null, "StormProtection": null, "LivingAreaRangeSource": null, "LeaseAmountPerArea": null, "TitleCompanyAddress": null, "MonthlyRate": null, "WaterAccessDescription": null, "SecurityDepositDescription": null, "TaxRate": null, "BelowGradeUnfinishedAreaRange": null, "MembershipDescription": null, "TitleCompanyPreferred": null, "AboveGradeFinishedAreaRangeUnits": null, "AboveGradeFinishedAreaRange": null, "LivingAreaRangeLow": null, "BuildingSizeDimensions": null, "PropertySubType": "Apartment", "UnitLocation": null, "ConsumerRemarks": null, "LotSizeRange": null, "OffersDescription": null, "Lang3_Type": null, "StoriesPartialTotal": null, "Location": null, "ListingId": null, "RentSpreeYN": null, "RentSpreeURL": null, "ApplicationFee": null, "CommunityDevelopmentDistrictYN": null, "SourceSystemKey": null }
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Living Area: 1579.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1198.0
  • 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: 6204.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2017
Sold by
201 Water Street Llc
Bought by
Current Estimated Value
$2,461,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,812,000
Outstanding Balance
$1,461,772
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$999,778
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,268,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $13,488
Open Martin Brian Earl $1,812,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/19/2017 06/19/17 Sold $2,265,000 +7.9% $1,434 / Sq Ft
05/20/2017 05/20/17 Pending -- -- --
01/28/2015 01/28/15 For Sale $2,100,000 -- $1,330 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $13,040 $257,261 $7,515 $249,746
2025 $11,526 $253,721 $7,515 $246,206
2024 $11,526 $244,382 $7,515 $236,867
2023 $9,383 $218,375 $7,515 $210,860
2022 $5,772 $184,186 $7,515 $176,671
2021 $6,876 $158,113 $7,515 $150,598
2019 $5,704 $150,670 $7,515 $143,155
2018 $5,259 $135,668 $7,515 $128,153
2017 $2,683 $49,956 $7,514 $42,442
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10472980

Real Estate Board of New York (REBNY)

APN: 00031-1409

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