NOT LISTED FOR SALE

Estimated Value: $1,779,000 - $2,473,000

2 Beds
3 Baths
1,369 Sq Ft
$970/ mo HOA Fee

Last Sold June 06, 2017

Last sale price $2,075,000 $1,516 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $12,087/month

464 Days on Market

Highlights

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

About This Home

As of June 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 Street. 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.Anticipated Occupancy Summer/ Fall of 2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,660

Year Built

  • Built in 1905 | Newly Remodeled

Lot Details

  • West Facing Home

HOA Fees

  • $970 Monthly HOA Fees

Home Design

  • 1,369 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

$3,660

Year Built

Built in 1905 | Newly Remodeled

Lot Details

3.37 Acres

HOA Fees

$970 per month

Listing Details

  • Cross Street: Water Street
  • Exposures: West
  • 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: 1369.0
  • Living Area Units: Square Feet

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: 970.0
  • 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: 3660.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2016
Closed on
Jun 5, 2017
Sold by
201 Water Street Llc
Bought by
Slavin Michael M
List Price
$2,075,000
Sold Price
$2,075,000
Current Estimated Value
$1,999,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$75,343
Avg. Annual Appreciation
-0.42%
Original Mortgage
$755,000
Outstanding Balance
$628,174
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,371,483
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
Slavin Michael M $2,078,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slavin Michael M $755,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2017 06/06/17 Sold $2,075,000 0.0% $1,516 / Sq Ft
05/07/2017 05/07/17 Pending -- -- --
01/28/2016 01/28/16 For Sale $2,075,000 -- $1,516 / 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 $7,171 $208,742 $6,183 $202,559
2024 $7,171 $201,059 $6,183 $194,876
2023 $5,517 $179,663 $6,183 $173,480
2022 $4,199 $151,535 $6,183 $145,352
2021 $3,581 $130,084 $6,183 $123,901
2019 $2,661 $123,960 $6,183 $117,777
2018 $2,357 $111,618 $6,183 $105,435
2017 $2,208 $41,100 $6,182 $34,918
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10092391

Real Estate Board of New York (REBNY)

APN: 00031-1455

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