NOT LISTED FOR SALE

Estimated Value: $1,940,402 - $3,009,000

2 Beds
3 Baths
1,570 Sq Ft
$1,122/mo HOA Fee

Last Sold March 17, 2017

Last sale price $2,257,000 $1,438 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $15,301/month

568 Days on Market

Highlights

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

About This Home

As of March 2017

Designed by acclaimed architecture firm ODA, 51 Jay Street sets a new standard for living in DUMBO. Intensive study went into creating this loft that is both elegantly proportioned and highly functional, a rare combination in warehouse conversions.

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

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,352

Year Built

  • Built in 1905 | Newly Remodeled

Lot Details

  • 3.37

HOA Fees

  • $1,122 Monthly HOA Fees

Home Design

  • 1,570 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Community Details

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,352

Year Built

Built in 1905 | Newly Remodeled

Lot Details

0

HOA Fees

$1,122 per month

Listing Details

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

Interior Features

  • Living Area: 1570.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

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: 1122.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

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

Tax Info

  • Tax Block: NA
  • Tax Annual: 5352.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2015
Closed on
Mar 17, 2017
Sold by
201 Water Street Llc
Bought by
Napolitano Jelena Madunic and Napolitano Vincent Joseph
List Price
$2,257,000
Sold Price
$2,257,000
Total Days on Market
568
Current Estimated Value
$2,384,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,601
Avg. Annual Appreciation
0.67%
Original Mortgage
$1,692,750
Outstanding Balance
$1,419,648
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$964,953
Source: Public Records

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Range of Values:

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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
Napolitano Jelena Madunic $2,326,701 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Napolitano Jelena Madunic $12,347
Open Napolitano Jelena Madunic $21,667
Open Napolitano Jelena Madunic $1,692,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Off Market $2,257,000 -- --
03/17/2017 03/17/17 Sold $2,257,000 0.0% $1,438 / Sq Ft
02/15/2017 02/15/17 Pending -- -- --
07/27/2015 07/27/15 For Sale $2,257,000 -- $1,438 / 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
2024 $9,970 $228,903 $7,039 $221,864
2023 $8,002 $204,544 $7,039 $197,505
2022 $4,835 $172,521 $7,039 $165,482
2021 $5,699 $148,099 $7,039 $141,060
2019 $4,624 $141,127 $7,039 $134,088
2018 $4,221 $127,076 $7,039 $120,037
2017 $2,513 $46,793 $7,039 $39,754
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10091908

Real Estate Board of New York (REBNY)

APN: 00031-1439