NOT LISTED FOR SALE

Estimated Value: $2,708,000 - $3,152,200

3 Beds
3.5 Baths
1,945 Sq Ft
2016 Built

Last Sold February 03, 2017

Current estimated payment $16,740/month

Highlights

  • Wood Flooring
  • 2-minute walk to York Street
  • Built-In Features
  • High Ceiling
  • No HOA
  • 2-minute walk to Susan Smith McKinney Steward Park

About This Home

As of July 2024

Immaculate Corner 3 Bed / 3.5 Bath Sunny Condo Loft for Rent.

This perfectly proportioned and pristine home with western and northern exposures offers grand living in a supreme location. Designed by the award winning architectural firm ODA, the apartment is framed in industrial chic casement windows, which are thermally treated high-performance energy-efficient glass, making this home super quiet. The layout defines perfection and offers room to spread out with almost 1,950 square feet of interior living. A lovely foyer, with double door closets, greets you upon entry and is complimented by a gallery hallway around the corner, with a tucked away powder room, leading you to an expansive double exposure living / dining room with abundant light and views. The window treatments are upgraded with electronic solar blinds and custom drapery for total privacy which compliments this lofty home. The open chef’s kitchen boasts La Rochelle Gris marble countertops, custom cabinetry by Aster Cucine and Gaggenau appliances, including a wine refrigerator. Dine casually at the breakfast bar or formalize your meal in the dining room that can easily accommodate a table for ten. This entertaining space spans over 25 feet in length offering ample room to host and enjoy gatherings.
The primary bedroom is also grand in scale with floor to ceiling three western facing windows and features a large, customized walk-in closet. The en-suite stunning bathroom features luxurious lacquered dark brown double vanity with copper detailing, walnut brown marble flooring, and a glass-enclosed wet room with walk-in shower and soaking tub.

Both the second and third bedroom are equally well-proportioned and have their own striking en-suite baths which are beautifully outfitted with custom vanities in white oak, nickel trim and a Tundra Gray honed marble countertops. Sophisticated oak herringbone floors and modern trim run throughout the home which is also complimented by high ceilings, central air conditioning, an in unit Washer/Dryer and a storage unit that transfer with the apartment.

Originally built as a factory in 1913, 51 Jay is a 75-unit condominium that elevates Brooklyn living with a host of refined amenities: a 24-hour concierge, fitness and yoga room, children’s playroom, residents’ lounge, rooftop terrace with outdoor fireplace, kitchen and showers, landscaped courtyard by Steven Yavanian, bike storage, garage, residents’ storage, a pet washing/grooming station and sophisticated double height lobby offering the grandest of entrance. Enjoy the Brooklyn Bridge Park, a playground for adults and kids alike, within a block away offering 85 acres of sustainable park stretching over a mile offering just about every outdoor amenity possible. Transportation is conveniently located within a few blocks including the F, A, C, 2 and 3 subway lines plus the ferry service option. The waterfront neighborhood of Dumbo is known for its cobblestone streets, access to parks, world class shopping, spectacular city views, independent boutiques, charming cafes and is home to such establishments as: Jane’s Carousel, Superfine, Ceccioni’s, Time-Out Market, Dumbo House, St. Ann’s Warehouse, and Cafe Gitane to name a few. Please contact us for a private showing of this spectacular home.

Last Agent to Rent the Property

Rachel Greenstein

Compass License #10401327110 Listed on: 05/14/2024

Compass

Co-Listed By

Suzanne Koxvold

Compass License #40CA1081557

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2016

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,945 Sq Ft Home
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Vanity

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Grill

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Property Available on 7/8/24
  • Tax Block 00031

Community Details

Overview

  • No Home Owners Association
  • 75 Units
  • Dumbo Subdivision
  • 7-Story Property

Amenities

  • Laundry Facilities

Condo Details

Home Type

Condominium

Year Built

Built in 2016

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2024-07-08

Listing Details

  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: DUMBO
  • Entry Level: 3
  • Structure Type: Multi Family
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Interior Features: Breakfast Bar, Built-in Features, Double Vanity, High Ceilings, Pantry, Recessed Lighting, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Stainless Steel Appliance(s), Washer
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 1945.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Barbecue

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common On Floor, Common Area, In Unit
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Association: No
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 0.000000x0.000000

Building Info

  • New Construction: No
  • Units: 75
  • Total Stories: 7
  • Year Built: 2016

Tax Info

  • Tax Block: 00031
  • Tax Lot: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2015
Closed on
Feb 1, 2017
Sold by
201 Water Street Llc
Bought by
Joseph Elizabeth Peay and Joseph Stephen Shaw
List Price
$3,089,000
Current Estimated Value
$2,875,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,183,300
Outstanding Balance
$1,809,420
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,065,647
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Joseph Elizabeth Peay $3,178,976 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joseph Elizabeth Peay $2,183,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2024 07/11/24 Rented $12,200 0.0% --
05/30/2024 05/30/24 Under Contract -- -- --
05/14/2024 05/14/24 For Rent $12,200 -12.9% --
04/28/2022 04/28/22 Rented $14,000 0.0% --
04/13/2022 04/13/22 For Rent $14,000 0.0% --
02/03/2017 02/03/17 Sold -- -- -- View Prior Sale
01/04/2017 01/04/17 Pending -- -- --
01/26/2015 01/26/15 For Sale $3,089,000 -- $1,588 / 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 $20,481 $346,206 $10,254 $335,952
2024 $20,481 $333,462 $10,254 $323,208
2023 $17,331 $297,975 $10,254 $287,721
2022 $14,924 $251,324 $10,254 $241,070
2021 $13,432 $215,747 $10,254 $205,493
2019 $11,825 $205,592 $10,254 $195,338
2018 $11,225 $185,121 $10,254 $174,867
2017 $3,662 $68,166 $10,254 $57,912
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10984217

Real Estate Board of New York (REBNY)

APN: 00031-1426