NOT LISTED FOR SALE

Estimated Value: $1,694,017 - $2,500,000

2 Beds
2 Baths
1,287 Sq Ft
3.37 Acres Lot

Sale Details

Date Sold: June 9, 2017

Last sale price $1,963,500 $1,526 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $11,609 / mo

Highlights

  • Rooftop Deck
  • 2-minute walk to York Street
  • Entrance Foyer
  • Pre War Building
  • Courtyard
  • 2-minute walk to Susan Smith McKinney Steward Park

About This Home

As of July 2022

Nestled in one of DUMBOs prime buildings, sits this approx. 1,287 sq.ft., 2 bedroom, 2 bathroom loft. This sprawling floorplan offers beautiful loft offers wide plank herringbone hardwood flooring, soaring ceilings, and oversized picturesque factory casement windows.

Upon entry, you will be immediately submersed in natural sunlight and will be impressed by the size of the living, dining, and kitchen areas. The living/dining room can comfortably be arranged in many ways to best fit anyone's vision and design to make this their own. In the chefs kitchen, there are top of line appliances such as Gaggeneau refrigerator, Gaggeneau stove and range, dishwasher, built-in wine, La Rochelle Gris marble slab countertops, and custom cabinetry by Aster Cucine. All areas are combined in perfect harmony to either host guests and entertain or for comfortable everyday living.

The luxurious primary bedroom has a custom built-in wall of closets, an additional custom built in walk-in closets, motorized solar shades and direct access to the en-suite bathroom. The spa-quality finishes are on full display and include a double vanity marble sink, a rainfall shower, deep soaking tub, and built-in speakers. The second bedroom is just adjacent to the second full bathroom, is generous in size and features its own large custom-built closet, and a Murphy bed with custom shelving which provides multifunctional capabilities to turn this room into a bedroom or home office in just moments.

Rounding out this special and meticulously maintained home is motorized solar shades on all windows, in-unit W/D, central A/C and tons of storage options throughout.

Originally an industrial warehouse prior to its conversion in 2016, 51 Jay Street comprises 75 units across 7 stories and features a fully attended lobby with polished concrete flooring and steel tracks inspired by the original rails that carried goods throughout the building. Additional amenities include a full-time doorman, fitness center, residents' lounge, children's' playroom, pet washroom, bicycle storage, parking, and an expansive private rooftop kitchen with areas for relaxing and entertaining, including an outdoor kitchen. 51 Jay Street is conveniently located only two blocks from Brooklyn Bridge Park and is in close proximity to iconic Washington Street, Jane's Carousel, Time-Out Market. Multiple transportation options are at your disposal, which include the A, C, and F trains and New York East River Ferry/Water Taxi, simplifying life for the everyday commuter. Enjoy historic cobblestone streets, eclectic stores, cozy cafes, acclaimed restaurants, renowned art galleries, and all that DUMBO has to offer.

Last Agent to Rent the Property

Karen Heyman Defontes

Sothebys International Realty License #40HE0781079 Listed on: 06/06/2022

Sothebys International Realty

Co-Listed By

Alan Heyman

Sothebys International Realty License #40HE1069794

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2016

Lot Details

  • 3.37

Parking

  • Garage

Home Design

  • Pre War Building
  • Entry on the 5th floor

Interior Spaces

  • 1,287 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Additional Features

  • Courtyard
  • East Facing Home
  • Central Air

Listing and Financial Details

  • Property Available on 7/10/22

Community Details

Overview

  • 75 Units
  • Dumbo / Vinegar Hill Subdivision
  • 7-Story Property

Amenities

  • Rooftop Deck
  • Courtyard
  • Laundry Facilities

Condo Details

Home Type

Condominium

Year Built

Built in 2016

Lot Details

3.37 Acres

Rental Info

  • Available Date: 2022-07-10

Listing Details

  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: DUMBO / Vinegar Hill
  • Architectural Style: Prewar
  • Entry Level: 5
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 1287.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Building Courtyard, Building Roof Deck, Courtyard

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Units: 75
  • Total Stories: 7
  • Year Built: 2016

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2015
Closed on
Jun 12, 2017
Sold by
201 Water Street Llc
Bought by
Srinivas Guruprasad
List Price
$2,000,000
Sold Price
$1,963,500
Premium/Discount to List
-$36,500
-1.82%
Current Estimated Value
$2,069,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,504
Avg. Annual Appreciation
0.59%
Original Mortgage
$1,600,000
Outstanding Balance
$1,308,249
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$760,755
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Srinivas Guruprasad $2,003,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Srinivas Guruprasad $1,600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2022 09/29/22 Off Market $8,450 -- --
07/01/2022 07/01/22 Rented $8,450 +2.4% --
06/06/2022 06/06/22 For Rent $8,250 0.0% --
04/20/2022 04/20/22 Off Market $1,963,500 -- --
06/09/2017 06/09/17 Sold $1,963,500 -1.8% $1,526 / Sq Ft View Prior Sale
05/10/2017 05/10/17 Pending -- -- --
07/28/2015 07/28/15 For Sale $2,000,000 -- $1,554 / 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
2026 $7,678 $205,145 $5,993 $199,152
2025 $6,549 $202,323 $5,993 $196,330
2024 $6,549 $194,876 $5,993 $188,883
2023 $4,966 $174,137 $5,993 $168,144
2022 $3,692 $146,875 $5,993 $140,882
2021 $3,111 $126,084 $5,993 $120,091
2019 $2,231 $120,148 $5,993 $114,155
2018 $2,140 $108,185 $5,993 $102,192
2017 $2,140 $39,836 $5,992 $33,844
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10780454

Real Estate Board of New York (REBNY)

APN: 00031-1465

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