NOT LISTED FOR SALE

Estimated Value: $3,714,000 - $4,385,000

4 Beds
5 Baths
2,663 Sq Ft
$2,835/mo HOA Fee

Last Sold December 19, 2017

Last sale price $4,900,000 $1,840 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $27,415/month

1,032 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

About This Home

As of December 2017

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 1278 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 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.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,716

Year Built

  • Built in 1905 | Newly Remodeled

Lot Details

  • 3.37

HOA Fees

  • $2,835 Monthly HOA Fees

Home Design

  • 2,663 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Community Details

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,716

Year Built

Built in 1905 | Newly Remodeled

Lot Details

0

HOA Fees

$2,835 per month

Listing Details

  • Cross Street: Water Street
  • Exposures: East,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: 2663.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 5
  • Bedrooms: 4

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2835.0
  • 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: 25716.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2019
Sold by
201 Water Street Llc
Bought by
Codina Amanda and Hernandez Alfonso
Current Estimated Value
$4,006,760
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
Codina Amanda $4,709,915 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Off Market $4,900,000 -- --
12/19/2017 12/19/17 Sold $4,900,000 -4.9% $1,840 / Sq Ft
11/19/2017 11/19/17 Pending -- -- --
01/21/2015 01/21/15 For Sale $5,150,000 -- $1,934 / 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

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10467962

Real Estate Board of New York (REBNY)

APN: 00031-1469