$2,695,000
SOLD FEB 14, 2018
3 Beds
4 Baths
2,009 Sq Ft
$1,816/mo HOA Fee

Recently Sold

$1,341 Per Sq Ft

17% Below List Price

1,089 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 February 2018

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. 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 Winter of 2016.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,128

Year Built

  • Built in 1905 | Newly Remodeled

HOA Fees

  • $1,816 Monthly HOA Fees

Home Design

  • 2,009 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Community Details

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,128

Year Built

Built in 1905 | Newly Remodeled

Lot Details

0

HOA Fees

$1,816 per month

Listing Details

  • Cross Street: Water Street
  • Exposures: East,South
  • 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: 2009.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Bathrooms Integer: 4
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1816.0
  • 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: 4128.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2015
Closed on
Jan 26, 2018
Sold by
201 Water Street Llc
Bought by
Connors Elizabeth
List Price
$3,250,000
Sold Price
$2,695,000
Premium/Discount to List
-$555,000
-17.08%
Current Estimated Value
$3,020,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,226
Avg. Annual Appreciation
1.05%
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 Type Sale Price Title Company
Deed $2,695,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2020 09/21/20 Rented -- -- --
08/22/2020 08/22/20 Under Contract -- -- --
07/29/2020 07/29/20 For Rent $9,300 -11.4% --
07/29/2019 07/29/19 Rented -- -- --
06/29/2019 06/29/19 Under Contract -- -- --
04/20/2019 04/20/19 For Rent $10,500 0.0% --
02/14/2018 02/14/18 Sold $2,695,000 0.0% $1,341 / Sq Ft
02/03/2018 02/03/18 Rented -- -- --
01/15/2018 01/15/18 Pending -- -- --
01/04/2018 01/04/18 Under Contract -- -- --
01/03/2018 01/03/18 For Rent $9,500 0.0% --
01/21/2015 01/21/15 For Sale $3,250,000 -- $1,618 / 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 $24,212 $384,744 $11,395 $373,349
2024 $24,212 $370,581 $11,395 $359,186
2023 $16,388 $331,144 $11,395 $319,749
2022 $17,881 $279,300 $11,395 $267,905
2021 $16,474 $239,763 $11,395 $228,368
2019 $14,510 $228,477 $11,395 $217,082
2018 $13,712 $205,728 $11,395 $194,333
2017 $4,069 $75,754 $11,395 $64,359
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10100142

Real Estate Board of New York (REBNY)

APN: 00031-1462