NOT LISTED FOR SALE

Estimated Value: $1,171,000 - $1,344,000

1 Bed
1.5 Baths
866 Sq Ft
3.37 Acres

Last Sold February 07, 2022

Last sale price $1,265,000 $1,461 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,924/month

Highlights

  • Wood Flooring
  • 2-minute walk to York Street
  • Courtyard
  • No HOA
  • Double Vanity
  • 2-minute walk to Susan Smith McKinney Steward Park

About This Home

As of July 2024

Just one block away from Dumbo’s astonishing waterfront and 1 stop from lower Manhattan, comes this expansive 1 Bed / 1.5 Bath located in 51 Jay Street; a beautifully converted warehouse designed by the acclaimed architecture firm, ODA.

Crafted with meticulous attention to detail, this home exudes a blend of industrial charm and contemporary luxury. As you enter, you’re met with an expansive living area with a loft-like feel complimented by floor-to-ceiling casement windows and Herringbone flooring.

The open chef’s kitchen is a culinary masterpiece with La Rochelle Gris marble countertops, custom cabinetry by Aster Cucine and a top-of-the-line integrated Gaggenau appliance package including 5 burner gas range, wine fridge and dishwasher.

Enter the primary bedroom suite where south-facing views overlooking the landscaped courtyard are framed by floor-to-ceiling windows, creating a peaceful and calming ambiance for unwinding. The primary suite features two custom closets as well as a spa-like ensuite 5 fixture bath with glass-enclosed shower, soaking tub and marble floors.

Additional thoughtful and functional features include in-unit washer/dryer, individual climate control heating and cooling system, and a powder room conveniently located for guests off of the living room.

51 Jay Street, originally the “Daylight Factory” boasts an impressive range of amenities including 24-hour attended lobby, on-site Super, fitness room, children’s playroom, residents’ lounge, expansive rooftop terrace with an outdoor kitchen. Also included is a cold storage room, pet washing/grooming spa, bike room as well as a large capacity laundry room.

Situated in the heart of Dumbo with convenient access to various public transportation as well as parks such as Brooklyn Bridge Park and all of the Piers, you are literally moments away from all prime retail, restaurants, nightlife and cafes like Cecconi’s, Celestine, Lucky Rabbit, The River Cafe, Vinegar Hill House, Butler, Dawn til’ Dusk and Blank Street Coffee to name just a few.

This exceptional residence at 51 Jay Street presents a rare opportunity to experience Brooklyn living at its finest.

Last Agent to Rent the Property

Sarah Riegle

Compass License #10301213860 Listed on: 06/13/2024

Compass

Co-Listed By

Nora McGuire

Compass License #10401321899

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,335

Year Built

  • Built in 2016

Lot Details

  • South Facing Home

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 866 Sq Ft Home
  • Recessed Lighting
  • Wood Flooring
  • Laundry in unit

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Wine Cooler
  • Kitchen Island

Bedrooms and Bathrooms

  • 1 Bedroom
  • Double Vanity

Outdoor Features

  • Courtyard
  • Outdoor Grill

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Property Available on 8/1/24
  • 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

Est. Annual Taxes

$1,335

Year Built

Built in 2016

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2024-08-01

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: DUMBO
  • Architectural Style: Loft
  • Entry Level: 3
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Interior Features: Double Vanity, Kitchen Island, Pantry, Recessed Lighting, Walk-In Closet(s)
  • Appliances: Dishwasher, Gas Cooktop, Stainless Steel Appliance(s), Wine Cooler
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 866.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Exterior Features

  • Exterior Features: Barbecue, Courtyard

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, 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
Mar 9, 2021
Closed on
Feb 4, 2022
Sold by
Hoshen Condos 3 Llc
Bought by
Cramer Gabrielle and Milner Mark
Seller's Agent
Deborah Zolan
Compass
List Price
$1,265,000
Sold Price
$1,265,000
Current Estimated Value
$1,278,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,708
Avg. Annual Appreciation
0.89%

Purchase Details

Closed on
Aug 8, 2019
Sold by
201 Water Street Llc
Bought by
Hoshen Condos 3 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,000
Interest Rate
3.7%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Cramer Gabrielle $1,265,000 --
Hoshen Condos 3 Llc $1,186,261 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cramer Gabrielle $601,000
Previous Owner Hoshen Condos 3 Llc $699,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2024 07/11/24 Rented $6,000 0.0% --
06/20/2024 06/20/24 Under Contract -- -- --
06/13/2024 06/13/24 For Rent $6,000 0.0% --
02/07/2022 02/07/22 Sold $1,265,000 0.0% $1,461 / Sq Ft
08/12/2021 08/12/21 For Sale $1,265,000 -- $1,461 / 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 $1,335 $128,455 $3,805 $124,650
2024 $1,335 $123,727 $3,805 $119,922
2023 $1,310 $110,560 $3,805 $106,755
2022 $1,307 $93,251 $3,805 $89,446
2021 $1,310 $80,051 $3,805 $76,246
2019 $1,347 $76,282 $3,805 $72,477
2018 $1,359 $68,687 $3,805 $64,882
2017 $1,359 $25,292 $3,804 $21,488
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10984572

Real Estate Board of New York (REBNY)

APN: 00031-1437