NOT LISTED FOR SALE

Estimated Value: $1,923,915 - $2,198,000

2 Beds
2.5 Baths
1,382 Sq Ft
$1,274/mo HOA Fee

Last Sold June 09, 2021

Last sale price $1,995,000 $1,444 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $12,702/month

2,241 Days on Market

Highlights

  • Rooftop Deck
  • 2-minute walk to York Street
  • 2-minute walk to Susan Smith McKinney Steward Park
  • Pre War Building
  • Laundry Facilities

About This Home

As of June 2021

Floor to ceiling windows and real value. Filled with bespoke craftsmanship and chic designer details, this two-bedroom, two-and-a-half bathroom residence offers unrivaled value in DUMBO, one of New York City's most sought after neighborhoods. This expansive 1,382-square-foot home makes a dramatic first impression with a full wall of breathtaking factory windows that run floor-to-ceiling, desirable in the building. Enjoy a generous footprint for seating and dining areas in the west-facing living room surrounded by soaring ceilings, oak herringbone floors and tall art walls accentuated by extra-wide baseboards. The open chef's kitchen is a masterpiece of custom cabinetry by Aster Cucine, La Rochelle Gris marble slab countertops and a full suite of integrated and stainless steel Gaggenau appliances, including a gas range, dishwasher and wine refrigerator. The owner's suite dazzles with a massive walk-in closet and a magnificent spa bathroom featuring swaths of unique brown marble, a stunning copper-trimmed double vanity and a frameless glass wet room rain shower and soaking tub. The second bedroom suite includes a large reach-in closet, an in-unit washer-dryer and a well-appointed en suite bath. There are fully motorized blinds throughout the home. Situated within the DUMBO Historic District, 51 Jay Street is a daylight factory constructed in 1913 for E.W. Bliss Co., a machine shop and foundry. Converted to luxury residential use in 2016 by revered ODA-Architecture, the refined condominium offers today's residents an impressive marble lobby where the building's original freight tracks are still visible. Enjoy the convenience of 24-hour concierge service, a fitness and yoga room, children's playroom, residents' lounge, pet wash, laundry, storage and bike room. Glorious outdoor space includes a landscaped central courtyard and a magnificent rooftop terrace with an outdoor kitchen, fireplace and showers. From this location in one of the city's most sought-after residential enclaves, you'll have easy access to magnificent Brooklyn Bridge Park offering 85 acres of waterfront outdoor space and recreation. Fantastic dining and nightlife line the nearby streets, while the Empire Stores and St. Ann's warehouse offer great shopping and entertainment. Abundant transportation options, including F, A/C and 2/3 trains and the Fulton Ferry Landing, provide excellent access to the rest of the city.

Last Agent to Sell the Property

Charles B Homet

Archpoint Advisory License #30HO0937641 Listed on: 02/21/2020

Co-Listed By

John Brandon

Archpoint Advisory License #10401230526

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,000

Year Built

  • Built in 1905

Lot Details

  • 3.37

HOA Fees

  • $1,274 Monthly HOA Fees

Home Design

  • 1,382 Sq Ft Home
  • Pre War Building
  • Entry on the 4th floor

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Legal Lot and Block 7504 / 31

Community Details

Overview

  • Dumbo Subdivision
  • 7-Story Property

Amenities

  • Rooftop Deck
  • Courtyard
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,000

Year Built

Built in 1905

Lot Details

0

HOA Fees

$1,274 per month

Listing Details

  • Cross Street: Plymouth Street/Water Street
  • Exposures: East,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Dumbo
  • Architectural Style: Prewar
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Interior Features: Dining Area
  • Appliances: Dryer, Washer
  • Living Area: 1382.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Courtyard, Building Roof Deck

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1274.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 7
  • Year Built: 1905

Tax Info

  • Tax Block: 31
  • Tax Lot: 7504
  • Tax Annual: 3000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Jun 7, 2021
Sold by
Hirsch Justin
Bought by
Bear Robert and Bettini Allegra
Seller's Agent
Charles B Homet
Archpoint Advisory
List Price
$1,995,000
Sold Price
$1,995,000
Current Estimated Value
$2,061,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,229
Avg. Annual Appreciation
0.71%

Purchase Details

Listed on
Dec 19, 2014
Closed on
Apr 20, 2017
Sold by
201 Water Street Llc
Bought by
Hirsch Justin
List Price
$2,148,000
Sold Price
$2,148,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.78%
Original Mortgage
$1,742,400
Interest Rate
4.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Bear Robert $1,995,000 --
Hirsch Justin $2,190,256 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hirsch Justin $1,742,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2021 06/09/21 Sold $1,995,000 0.0% $1,444 / Sq Ft
08/15/2017 08/15/17 Rented -- -- --
07/16/2017 07/16/17 Under Contract -- -- --
06/02/2017 06/02/17 For Rent $6,950 0.0% --
01/27/2015 01/27/15 For Sale $1,995,000 -- $1,444 / 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 $7,794 $215,182 $6,373 $208,809
2024 $7,794 $207,261 $6,373 $200,888
2023 $6,071 $185,205 $6,373 $178,832
2022 $4,699 $156,209 $6,373 $149,836
2021 $4,053 $134,097 $6,373 $127,724
2019 $3,114 $127,784 $6,373 $121,411
2018 $2,772 $115,061 $6,373 $108,688
2017 $2,276 $42,368 $6,373 $35,995
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10623094

Real Estate Board of New York (REBNY)

APN: 00031-1442