NOT LISTED FOR SALE

Estimated Value: $2,137,452 - $3,036,000

2 Beds
2.5 Baths
1,614 Sq Ft
146,579 Sq Ft Lot

Sale Details

Date Sold: February 3, 2017

Current estimated payment $14,087 / mo

Highlights

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

About This Home

As of August 2023

Welcome to The Residence 3I at 51 Jay Street.Step into your beautiful home.
Over 1,600sqft, 2 bedrooms, 2.5 bathrooms in full service/amenities building in the very coveted Dumbo area.

Every detail throughout this residence 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.

Last Agent to Rent the Property

Michael Hania

Corcoran Group License #10401339717 Listed on: 06/08/2023

Corcoran Group

Co-Listed By

Raphael Sitruk

Corcoran Group License #10401285108

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1905 | Newly Remodeled

Lot Details

  • 3.37

Parking

  • Garage

Home Design

  • 1,614 Sq Ft Home
  • Pre War Building
  • Entry on the 7th floor

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Washer Dryer Allowed

Community Details

  • 75 Units
  • Dumbo Subdivision
  • 6-Story Property

Listing and Financial Details

  • Property Available on 5/17/23
  • Tax Block 00031

Condo Details

Home Type

Condominium

Year Built

Built in 1905 | Newly Remodeled

Lot Details

3.37 Acres

Rental Info

  • Available Date: 2023-05-17

Listing Details

  • Cross Street: PLYMOUTH STREET and WATER STREET
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Dumbo
  • Architectural Style: Prewar
  • Entry Level: 7
  • ResoPropertyType: ResidentialLease
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 1614.0
  • Living Area Units: Square Feet

Beds/Baths

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

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

  • New Construction: Yes
  • Units: 75
  • Total Stories: 6
  • Year Built: 1905

Tax Info

  • Tax Block: 00031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2015
Closed on
Feb 2, 2017
Sold by
201 Water Street Llc
Bought by
Hussein Omar
List Price
$2,283,000
Current Estimated Value
$2,442,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,697,500
Outstanding Balance
$1,405,460
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,036,653
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
Hussein Omar $2,428,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hussein Omar $1,697,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2023 08/08/23 Rented $8,100 -1.8% --
06/27/2023 06/27/23 Price Changed $8,250 -8.3% $5 / Sq Ft
06/09/2023 06/09/23 For Rent $8,995 -12.2% --
05/30/2022 05/30/22 Rented $10,250 0.0% --
05/14/2022 05/14/22 Under Contract -- -- --
05/14/2022 05/14/22 For Rent $10,250 0.0% --
02/03/2017 02/03/17 Sold -- -- -- View Prior Sale
01/04/2017 01/04/17 Pending -- -- --
02/13/2015 02/13/15 For Sale $2,283,000 -- $1,414 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $11,215 $250,512 $7,420 $243,092
2024 $11,215 $241,290 $7,420 $233,870
2023 $9,107 $215,613 $7,420 $208,193
2022 $5,794 $181,856 $7,420 $174,436
2021 $6,641 $156,114 $7,420 $148,694
2019 $5,488 $148,764 $7,420 $141,344
2018 $5,051 $133,952 $7,420 $126,532
2017 $2,650 $49,325 $7,420 $41,905
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10882833

Real Estate Board of New York (REBNY)

APN: 00031-1432

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