NOT LISTED FOR SALE

Estimated Value: $4,181,463 - $4,893,000

3 Beds
3 Baths
3,473 Sq Ft
$2,820/mo HOA Fee

Last Sold October 01, 2018

Last sale price $4,500,000 $1,296 Per Sq Ft

Current estimated payment $30,147/month

144 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 October 2018

Enter off the street or through the lobby of the recently converted 51 Jay Street Condominium to a beautifully finished three story townhouse. An expansive 3,473 SF of interior space with three bedrooms, three full bathrooms and 760 exterior SF that includes a charming balcony that spans the length of the second and third bedrooms and a large roof top terrace perfect for soaking in the sun or dining al fresco!

This home provides an ideal layout for entertaining. A large chef's kitchen and open dining area on the parlor floor overlooks an enormous sunken Living Room large enough for multiple seating areas, or the possibility of creating a formal living room and a partitioned off private media room/guest room with a full bathroom nearby. 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.

All of the bedrooms are positioned on the third level. The bright and cheerful, south facing master bedroom features an en-suite bath with a custom dark brown vanity with copper detailing, walnut brown honed marble countertop and a soaking tub inside of the glass enclosed shower. The second and third bedrooms are well-proportioned and have a bathroom located across the hall.

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.

Parking available for separate purchase!
The complete offering terms are in an offering plan available from Sponsor. File No. CD14-0159.

Last Agent to Sell the Property

Julie Bienstock

Brown Harris Stevens Residential Sales LLC License #10401239614 Listed on: 07/05/2018

Brown Harris Stevens Residential Sales LLC

Co-Listed By

Richard Orenstein

Brown Harris Stevens Residential Sales LLC License #10301212854

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,524

Year Built

  • Built in 1905 | Newly Remodeled

Lot Details

  • 3.37

HOA Fees

  • $2,820 Monthly HOA Fees

Home Design

  • 3,473 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Community Details

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,524

Year Built

Built in 1905 | Newly Remodeled

Lot Details

0

HOA Fees

$2,820 per month

Listing Details

  • Cross Street: Water Street
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Dumbo
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 3473.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2820.0
  • 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: 25524.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2018
Closed on
Sep 4, 2018
Sold by
201 Water Street Llc
Bought by
Brian Wendell and Christine Bullock As Trustee
Seller's Agent
Julie Bienstock
Brown Harris Stevens Residential Sales LLC
List Price
$4,500,000
Sold Price
$4,500,000
Current Estimated Value
$4,512,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,154
Avg. Annual Appreciation
0.04%
Original Mortgage
$2,000,000
Outstanding Balance
$1,744,277
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,767,877
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
Brian Wendell $4,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brian Wendell $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2018 10/01/18 Sold $4,500,000 0.0% $1,296 / Sq Ft
09/01/2018 09/01/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $4,500,000 -- $1,296 / 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 $44,799 $597,359 $17,693 $579,666
2024 $44,799 $575,370 $17,693 $557,677
2023 $38,916 $514,140 $17,693 $496,447
2022 $34,411 $433,646 $17,693 $415,953
2021 $32,049 $372,261 $17,693 $354,568
2019 $28,567 $354,736 $17,693 $337,043
2018 $27,429 $319,416 $17,693 $301,723
2017 $6,318 $117,617 $17,692 $99,925
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10411487

Real Estate Board of New York (REBNY)

APN: 00031-1420