$2,195,000
$300K PRICE DROP

57 Front St Unit 303 Brooklyn, NY 11201

DUMBO Neighborhood

Estimated payment $14,554/month

Total Views 1,890,808
3 Beds
3 Baths
2,285 Sq Ft
$961 Price per Sq Ft

Highlights

  • Doorman
  • Rooftop Deck
  • Elevator
  • Fitness Center
  • City View
  • 5-minute walk to Hillside Dog Park

About This Home

***Secure, Turnkey Income with Upside in Prime DUMBO*** Currently leased at $13,500/month through next August, this stunning 4-bed, 3-bath, 2,285?sq?ft loft condo delivers immediate cash flow and strong upside potential. Offered at $2,195,000 ($961/sq?ft), the property achieves a 5% cap rate a rare find in Brooklyn s high-demand market. Exceptional triple exposure floods the space with natural light, while 10 ceilings and oversized windows frame views of the East River and Manhattan skyline. Thoughtfully designed with a chef s kitchen, two deep-soaking tubs, and in-unit washer/dryer, the residence blends industrial allure with modern luxury. Building amenities include a part-time doorman, fitness center, rooftop terrace, and storage cage appealing to premium tenants. Located steps from Brooklyn Bridge Park, top dining, F/A/C trains, and NYC Ferry, this asset offers both an exceptional living experience and a compelling investment narrative.

Listing Agent

Brian Goldfarb

Compass Listed on: 04/07/2025

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $29,188

Interior Spaces

  • 2,285 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Balcony
  • Rooftop Deck

Community Details

Overview

  • Dumbo Community

Amenities

  • Doorman
  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$29,188

Lot Details

0

Listing Details

  • BuildingCommunityGym: Yes
  • BuildingCommunityLaundry: Yes
  • BuildingCommunityPetsAllowed: Yes
  • BuildingDoorman: Yes
  • BuildingRooftop: Yes
  • Building Style: Elevator
  • HamletID: 0
  • InteriorAmps: 0
  • LandFrontageInFeet: 0
  • LandRentAmount: 0
  • LastPriceValue: 2.395E6
  • Number Of Stories: 0
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Brooklyn
  • Prop. Type: Condo
  • PropertyZipCode: 11201
  • PropertyZoneType: 0
  • Renovation Year: 0
  • Walk In Closet: Yes
  • SForSaleAndRForRental: S
  • USStateAbbreviation: NY
  • ViewCity: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Balcony/Porch/Lanai  (Approx): Yes
  • BasementAreaSquareFootage: 0
  • Fireplaces: 0
  • Number of Rooms: 7
  • AboveArea Sq Ft: 2285

Garage/Parking

  • AttachedParking: 0
  • Numberof Garage Spaces: 0

Utilities

  • Utilities: 0

Condo/Co-op/Association

  • HOA Fees: 1796
  • Units in Building: 0

Schools

  • School District: 000000
  • School District: 000000

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 3
  • Total Taxes: 0

Tax Info

  • Tax Year: 0

Map

Range of Values:

Collateral Analytics

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $29,188 $284,196 $7,491 $276,705
2024 $29,188 $273,747 $7,491 $266,256
2023 $26,623 $283,748 $7,491 $276,257
2022 $23,586 $248,005 $7,491 $240,514
2021 $19,226 $179,180 $7,491 $171,689
2020 $8,112 $205,851 $7,491 $198,360
2019 $13,267 $168,363 $7,491 $160,872
2018 $10,693 $162,482 $7,490 $154,992
2017 $8,378 $147,763 $7,491 $140,272
2016 $7,686 $140,558 $7,490 $133,068
2015 $4,439 $115,215 $7,490 $107,725
2014 $4,439 $109,113 $7,491 $101,622
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 For Sale $2,195,000 0.0% $961 / Sq Ft
08/01/2025 08/01/25 Off Market $2,195,000 -- --
07/07/2025 07/07/25 For Sale $2,195,000 0.0% $961 / Sq Ft
07/07/2025 07/07/25 Off Market $2,195,000 -- --
06/30/2025 06/30/25 For Sale $2,195,000 0.0% $961 / Sq Ft
06/30/2025 06/30/25 Off Market $2,195,000 -- --
05/22/2025 05/22/25 Price Changed $2,195,000 -8.4% $961 / Sq Ft
04/29/2025 04/29/25 Price Changed $2,395,000 -4.0% $1,048 / Sq Ft
04/07/2025 04/07/25 For Sale $2,495,000 -- $1,092 / Sq Ft
Source: NY State MLS

Purchase History

Date Type Sale Price Title Company
Deed $2,300,000 --
Deed $997,885 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $825,000 Unknown
Previous Owner $360,000 No Value Available
Previous Owner $580,000 No Value Available
Source: Public Records

About the Listing Agent

Brian Goldfarb

Compass

(929) 930-6953

Section Image

Brian is a seasoned real estate professional with more than two decades of experience in the industry. His commitment to client satisfaction has earned him a loyal following of repeat customers and referrals, a testament to his expertise and personalized approach.

Growing up on Long Island, Brian was inspired by his father's success in real estate, and began investing in properties of his own before pursuing a career as a sales and rental agent. With firsthand knowledge of the buying and

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Source: NY State MLS

MLS Number: 11469342

NY State MLS

APN: 00036-1212