NOT LISTED FOR SALE

Estimated Value: $3,551,000 - $4,271,000

4 Beds
4.5 Baths
2,663 Sq Ft
$2,759/mo HOA Fee

Last Sold March 18, 2019

Last sale price $4,650,000 $1,746 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $27,869/month

984 Days on Market

Highlights

  • Pre War Building
  • 2-minute walk to York Street
  • 2-minute walk to Susan Smith McKinney Steward Park
  • Terrace

About This Home

As of March 2019

Immediate Occupancy. This duplex penthouse commands stunning views across DUMBO with north, south, east and west exposures. The three separate multi-level terraces provide a total of 1388 square of private outdoor space. Built on the top of the existing building, our penthouse units are on the 6th and 7th floors.Upon entering the unit, you will notice the expansive floor-to-ceiling casement windows and the first of three private terraces. The herringbone-patterned floors are smoked, wire brushed oak. The kitchen's custom wood cabinetry by Aster Cucine features antiqued details and stainless steel hardware. La Rochelle Gris marble slab countertops and basalt porcelain tile beautifully finish the space. The Gaggenau appliance package includes electric convection oven and gas cooktop with 6 burners, refrigerator/freezer, wine cooler, dishwasher and microwave built-in drawer. The master bedroom with two walk-in closets features an ensuite bath with a custom dark brown vanity with copper detailing and walnut brown honed marble countertop. This room has its own private southern-facing terrace. The second bedroom also has an ensuite bathroom with tundra grey honed marble and an oak vanity. A lovely powder room as well as several closets complete the first floor of this duplex.On the second floor of the home, there are two well-sized bedrooms with two additional full bathrooms. Both bedrooms have access to a third terrace facing east.Designed by acclaimed architect Eran Chen, 51 Jay sets a new standard for living in DUMBO. The building features an impressive level of amenities: a fitness and yoga room, children's playroom, residents' lounge, communal rooftop terrace with outdoor kitchen, grill and fireplace, landscaped courtyard, bicycle storage, residents' storage, pet grooming station, a large capacity laundry room and a 421-a tax abatement.

The complete offering terms are in an offering plan available from Sponsor. File No. CD14-0159.

Last Agent to Sell the Property

Richard Orenstein

Brown Harris Stevens Residential Sales LLC License #10301212854 Listed on: 06/06/2016

Brown Harris Stevens Residential Sales LLC

Co-Listed By

Julie Bienstock

Brown Harris Stevens Residential Sales LLC License #10401239614

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $26,604

Year Built

  • Built in 1905

Lot Details

  • 3.37

HOA Fees

  • $2,759 Monthly HOA Fees

Home Design

  • 2,663 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Outdoor Features

  • Terrace

Community Details

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$26,604

Year Built

Built in 1905

Lot Details

0

HOA Fees

$2,759 per month

Listing Details

  • Cross Street: Water Street
  • Exposures: East,North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Dumbo
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 2663.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 4

Exterior Features

  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2759.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: 51 JAY
  • Units: 74
  • Total Stories: 6
  • Year Built: 1905

Tax Info

  • Tax Block: NA
  • Tax Annual: 26604.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2016
Closed on
Mar 18, 2019
Sold by
201 Water Street Llc
Bought by
Codina Amanda and Hernandez Alfonso
Seller's Agent
Richard Orenstein
Brown Harris Stevens Residential Sales LLC
List Price
$5,350,000
Sold Price
$4,650,000
Premium/Discount to List
-$700,000
-13.08%
Current Estimated Value
$3,878,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$771,574
Avg. Annual Appreciation
-2.61%
Source: Public Records

Range of Values:

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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
Codina Amanda $4,709,915 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2019 03/18/19 Sold $4,650,000 -13.1% $1,746 / Sq Ft
02/16/2019 02/16/19 Pending -- -- --
06/06/2016 06/06/16 For Sale $5,350,000 -- $2,009 / 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 $43,553 $584,499 $17,312 $567,187
2024 $43,553 $562,983 $17,312 $545,671
2023 $37,811 $503,071 $17,312 $485,759
2022 $33,330 $424,311 $17,312 $406,999
2021 $30,606 $364,247 $17,312 $346,935
2019 $27,934 $347,100 $17,312 $329,788
2018 $26,599 $312,540 $17,312 $295,228
2017 $6,182 $115,085 $17,311 $97,774
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10434261

Real Estate Board of New York (REBNY)

APN: 00031-1469