$2,100,000
SOLD OCT 3, 2024
3 Beds
3 Baths
1,664 Sq Ft
$1,800/mo HOA Fee

Recently Sold

$1,262 Per Sq Ft

209,999,900% Above List Price

140 Days on Market

Highlights

  • Concierge
  • 2-minute walk to York Street
  • Central Air
  • Rooftop Deck
  • Children's Playroom
  • 2-minute walk to Susan Smith McKinney Steward Park

About This Home

As of October 2024

If you have been looking for more than just a cookie cutter 2-bedroom condo in Dumbo that exceeds ALL expectations in terms of scale, design, amenities and location, then look no further than 4O at 51 Jay. Unit 4O is a very spacious 1664 SF dramatic loft space with 2 oversized bedrooms, a large home office that makes a great 3rd bedroom, 3 full designer bathrooms, and a uniquely situated corner living room that offers peace and quiet from street noise without any sacrifices on light. Situated in a distinctive Dumbo warehouse that was converted in 2016 into 74 luxury homes by ODA architects, this is a rare home that lives large and far exceeds the competition in terms of size and quality of finishes. Overlooking a pastoral landscaped courtyard, you will be ensured maximum calm all-day long, with no compromises on light due to the impressive oversized corner floor-to-ceiling blackened steel casement windows running the entire perimeter of the Great Room.

Distinguished by a capacious living space that accommodates oversized comfy living room furniture PLUS a separate area for a large formal dining table adjacent to the unexpectedly grand chef's kitchen. You need to see this kitchen in person to believe it! Indulge your inner chef with a 12' island of honed La Rochelle Gris marble, perfect for prep and casual dining; over 20' linear feet of upper and lower Aster Cucine cabinetry with aged brass hardware and a massive pantry closet; and a suite of Gaggenau appliances including a 5-burner cooktop, convection range, 42" fridge, wine cooler and microwave drawer. Enter into this home through a spacious hallway past a home office/nursery/guest room with two closets, and full bathroom with a walk-in shower, offering true separation for both convenience and privacy. An oversized Primary suite easily accommodates a king-sized bed and nightstands and has been custom fitted with a full wall of modern millwork, in addition to a large walk-in closet fully customized and ready for you to put everything away. A spa-like 5-fixture Primary bath has been designed perfectly in an earthy palette of brown and gray marbles, and includes a double vanity, deep soaking tub PLUS a walk-in glass-enclosed shower, and don't miss the floor-to-ceiling inset medicine cabinet with brass accents for even more storage. On the opposite side of the main living space is an additional bedroom with a full ensuite bathroom that includes a deep soaking tub and shower. Two bedrooms with their very own full bathrooms is a rare luxury that you won't want to miss! The second ensuite bathroom and guest bathroom are all perfectly executed with nickel hardware, tundra gray honed marble, oak vanities, and basalt porcelain tiles. Closets are generous throughout the apartment and have all been customized to perfection.

This expansive layout is complemented by a suite of high-end touches throughout including a three-zoned heating and cooling system, your very own washer/dryer and laundry area, automated electric shades and/or custom drapes in every room, and unique herringbone floors of fumed oak that perfectly complement the casement windows and brick facade of the original building. In keeping with the industrial elegance of this historic waterfront neighborhood, the architects chose a dramatic palette of rich marbles and woods throughout. Elegant paint colors and grass-cloth wallpapers have been implemented throughout for a cohesive and sophisticated feel. There is even a large basement storage unit included for added storage of suitcases, sports equipment and holiday decorations. This full-service boutique condo offers an impressive array of amenities including a full-time doorman, package room, cold storage, a fitness and yoga room, children's playroom, rooftop terrace with grill and fireplace, landscaped courtyard, bike storage, and pet wash. The F train at York Street is right outside your door, as is Brooklyn Bridge Park, the Ferry stop, and a vast array of award-winning restaurants, coffee shops, the new Lifetime fitness across the street, boutiques and grocery stores. Pet and investor friendly and low taxes.

Last Agent to Sell the Property

Deborah Rieders

Corcoran Group License #30RI0955004 Listed on: 08/21/2024

Corcoran Group

Co-Listed By

Albi Zhubi

Corcoran Group License #10401272499

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,458

Year Built

  • Built in 1905

HOA Fees

  • $1,800 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 1,664 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Utilities

  • Central Air

Listing and Financial Details

  • Tax Block 00031

Community Details

Overview

  • 75 Units
  • High-Rise Condominium
  • Dumbo Subdivision
  • 6-Story Property

Amenities

  • Concierge
  • Rooftop Deck
  • Children's Playroom

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,458

Year Built

Built in 1905

Lot Details

0

HOA Fees

$1,800 per month

Listing Details

  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: DUMBO
  • Entry Level: 4
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 1664.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • View: No
  • Exterior Features: Building Roof Deck, None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Other, Washer Hookup, In Unit
  • Green Building Features: Common Playroom, Concierge, Kitchen Facilities
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1800.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 75
  • Total Stories: 6
  • Year Built: 1905

Tax Info

  • Tax Block: 00031
  • Tax Lot: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2024
Closed on
Oct 3, 2024
Sold by
Stopol Jonathan and Stopol Melissa L
Bought by
Brands Michael and Read Lindsey
Seller's Agent
Deborah Rieders
Corcoran Group
List Price
$1
Sold Price
$2,100,000
Premium/Discount to List
$2,099,999
209999900%
Current Estimated Value
$2,222,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,598
Avg. Annual Appreciation
6.51%

Purchase Details

Listed on
Jan 12, 2015
Closed on
Feb 23, 2017
Sold by
201 Water Street Llc
Bought by
Stopol Jonathan and Stopol Melissa L
List Price
$1,181,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,818,750
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in the area

  • 57 Front St Unit 303, Brooklyn, NY 11201

    $2,195,000

    • 3 Beds
    • 3 Baths
    • 2,285 Sq Ft
    • 57 Front St
    • Unit 303
    • Brooklyn, NY

    ***Secure, Turnkey Income with Upside in Prime DUMBO*** Currently leased at $13,500/month through next August, this stunning 4-bed, 3-bath, 2,285?sq?ft loft condo delivers immediate cash flow and strong upside potential. Offered at $2,195,000 ($961/sq?ft), the property achieves a 5% cap rate a rare find in Brooklyn s high-demand market. Exceptional triple exposure floods the space with natural

    Brian Goldfarb Compass

    Section Image
  • 58 St Marks Place Unit 407, Brooklyn, NY 11217

    $1,640,000

    • 2 Beds
    • 2 Baths
    • 877 Sq Ft
    • 58 St Marks Place
    • Unit 407
    • Brooklyn, NY

    PRIVATE TERRACE, FULL-SERVICE BOUTIQUE CONDOMINIUM, ON A TREE-LINED STREETLocated on a quiet tree-lined block among the brownstones of Boerum Hill, in the new Saint Marks Place condominium 2 bedroom, 2 bath featuring a spacious private terrace with access from both the living room and primary bedroom, sound canceling insulated wide-plank White Oak floors throughout, and a thoughtful

    Philip Hordijk Leven Real Estate

    Section Image
  • 431 Ave P Unit 407, Ocean Parkway, NY 11230

    $2,150,000

    • 3 Beds
    • 3 Baths
    • 2,228 Sq Ft
    • 431 Ave P
    • Unit 407
    • Ocean Parkway, NY

    Welcome to Residence 407 at The Venetian, Midwood’s premier full-service condominium. Encompassing an impressive 2,228 square feet, this gracious three-bedroom, three-bathroom home with an additional interior room offers a rare blend of scale, comfort, and thoughtfully crafted layout. The open-concept chef’s kitchen, complete with a generous center island, flows seamlessly into an expansive

    Javier Lattanzio Time Equities Brokerage LLC

    Section Image
  • 51 Jay St Unit 5O, Brooklyn, NY 11201

    $2,375,000

    • 2 Beds
    • 3 Baths
    • 1,664 Sq Ft
    • 51 Jay St
    • Unit 5O
    • Brooklyn, NY

    "Welcome to Residence 5O at 51 Jay Street a sprawling, sun-drenched loft located in one of DUMBO s most distinguished warehouse conversions. This 1,664 square foot top-floor home offers 2 bedrooms, a home office (or third bedroom), and 3 full baths, all meticulously designed with exceptional craftsmanship and premium finishes. Herringbone oak flooring, 9'6"" ceilings, and

    Deborah Zolan Compass

    Section Image
  • 47 Bridge St Unit TWHSB, Brooklyn, NY 11201

    $1,950,000

    • 2 Beds
    • 2 Baths
    • 1,216 Sq Ft
    • 47 Bridge St
    • Unit TWHSB
    • Brooklyn, NY

    Sophisticated Duplex Townhouse-Style Home with Outdoor Space in Prime DUMBO/Vinegar Hill Nestled on one of DUMBO/Vinegar Hill's most serene cobblestone streets, Residence THB is a thoughtfully designed two-bedroom, two-bathroom duplex offering the charm of townhouse living with the ease and convenience of condominium ownership. he upper level of this home showcases a

    John Caraccioli Brown Harris Stevens Residential Sales LLC

    Section Image
  • 84 Front St Unit 8F, Brooklyn, NY 11201

    $1,500,000

    • 2 Beds
    • 2 Baths
    • 1,130 Sq Ft
    • 84 Front St
    • Unit 8F
    • Brooklyn, NY

    Nestled in vibrant DUMBO is a sunny and sophisticated 2 bedroom, 2 bathroom condo ready to be called your home. Upon entering you are met by the inviting glow of Southern exposures through oversized windows. The open kitchen has been completely upgraded from the original finishes and includes double waterfall quartzite counter and matching backsplash. The Miele refrigerator features a custom

    Cassie D'Agata Fallon Compass

    Section Image
  • 98 Front St Unit J9, Brooklyn, NY 11201

    $1,670,000

    • 2 Beds
    • 2 Baths
    • 950 Sq Ft
    • 98 Front St
    • Unit J9
    • Brooklyn, NY

    Before you move in, secure a high-performing asset in the heart of DUMBO at 98 Front Street, Residence 9J-a modern 2-bedroom, 2-bath condominium by award-winning ODA. This LEED-certified building blends striking design with robust amenities and everyday convenience. With a quality tenant in place through January 1, 2027 and documented rental income of over $80,000 annually, 9J is a turnkey 1031

    Martin DuPain Highline Residential LLC

    Section Image
  • 1 Main St Unit 10K, Brooklyn, NY 11201

    $2,499,000

    • 1 Bed
    • 2 Baths
    • 1,414 Sq Ft
    • 1 Main St
    • Unit 10K
    • Brooklyn, NY

    Experience the most desirable Western views in the Clock Tower Condominium. This sun-drenched loft delivers breathtaking views of the iconic Brooklyn Bridge, Brooklyn Bridge Park, Jane’s Carousel, Downtown Manhattan Skyline, and the East River. Enjoy the dramatic sunsets from the perfectly positioned walls of oversized windows. This is the true meaning of DUMBO living. This expansive and open

    Karen Heyman Defontes Sothebys International Realty

    Section Image
  • 70 Washington St Unit 8N, Brooklyn, NY 11201

    $1,850,000

    • 1 Bed
    • 2 Baths
    • 1,307 Sq Ft
    • 70 Washington St
    • Unit 8N
    • Brooklyn, NY

    Impeccable Sun-Drenched DUMBO Loft with Iconic Skyline ViewsBathed in natural light from a full expanse of oversized windows, this immaculate loft on the 8th floor of 70 Washington commands sweeping, unobstructed views of both the Brooklyn and Manhattan skylines. Soaring 11-foot concrete-beamed ceilings and a rare column-free layout create a voluminous, airy flow throughout this

    Steven Moss R New York

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $2,100,000 --
Deed $2,472,311 --
Deed $2,472,311 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,818,750 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2024 10/03/24 Sold $2,100,000 -2.3% $1,262 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
07/23/2024 07/23/24 Price Changed $2,150,000 -4.4% $1,292 / Sq Ft
05/02/2024 05/02/24 Price Changed $2,250,000 +224999900.0% $1,352 / Sq Ft
04/01/2024 04/01/24 For Sale $1 0.0% $0 / Sq Ft
06/16/2021 06/16/21 Rented -- -- --
05/17/2021 05/17/21 Under Contract -- -- --
04/30/2021 04/30/21 For Rent $8,500 0.0% --
02/23/2017 02/23/17 Sold -- -- --
01/24/2017 01/24/17 Pending -- -- --
01/12/2015 01/12/15 For Sale $1,181,000 -- $710 / 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 $12,458 $263,351 $7,800 $255,551
2024 $12,458 $253,657 $7,800 $245,857
2023 $10,210 $226,663 $7,800 $218,863
2022 $6,333 $191,177 $7,800 $183,377
2021 $7,582 $164,114 $7,800 $156,314
2019 $6,351 $156,389 $7,800 $148,589
2018 $5,880 $140,817 $7,800 $133,017
2017 $2,785 $51,853 $7,800 $44,053
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10994093

Real Estate Board of New York (REBNY)

APN: 00031-1453