New To the Market in Dumbo: 100 Jay, 70 Washington
October 18th, 2012
The following two condos are new to the Dumbo Brooklyn market for the week of October 8 – 14, 2012:
- 10/13/2012: 100 Jay Street #6F (NY Casa Group), $479,000 ($907/sf), $320/mo cc, 528sf, 0 bed, 1 bath
- 10/12/2012: 70 Washington Street #10U (Two Trees), $1,075,000 ($892/sf), $407/mo cc, $60/mo tax, 1,204sf, 2 bed, 2 bath
- 10/12/2012: 70 Washington Street #11B (Two Trees), $1,075,000 ($869/sf), $425/mo cc, $62/mo tax, 1,236sf, 2 bed, 2 bath
- 10/12/2012: 70 Washington Street #3G (Two Trees), $1,465,000 ($843/sf), $674/mo cc, $99/mo tax, 1,737sf, 3 bed, 3 bath
- 10/09/2012: 70 Washington Street #5J (Sotheby’s), $1,080,000 ($887/sf), $485/mo cc, $70/mo tax, 1,217sf, 1 bed, 1 bath
(100 Jay Street, #6F)
This studio apartment is currently one of three studios on the market in Dumbo. The other two are also in J Condo (#10J for $489,000 and #4J for $499,000). Rentals are going for $2,350. The same layout in another unit (#8F) sold for $435,000 on 7/27/2012.
(70 Washington Street, #10U)
There is another unit with the same layout on the market (#6U) for 1,175,000 (we previously listed it.)
(70 Washington Street, #11B)
(70 Washington Street, #3G)
This corner unit 2+home office condo is 1,737 square feet at $843 per square feet, which is lower by approximately $100 per square feet compared to recent sales for units with the same layout. (This one is on a lower floor).
(70 Washington Street, #5J)
From the listing: “Spacious, pristine, beautiful mint condition loft is perfect for entertaining. This 1,217+/- SF home has a huge living/dining room with soaring 11ft +/- ceilings. Beautiful sunsets, downtown Manhattan and Brooklyn Bridge views from oversized windows. Open chef’s kitchen is state of the art with stainless SubZero, Viking and Thermador appliances.”
October 19th, 2012 at 2:31 pm
looks like the penthouse @ 1 main is off the market – any insight?
October 19th, 2012 at 3:12 pm
Any insight into why Two Trees is unloading 3 of their units at 70 Washington? These used to be rental units that the sponsor/Two Trees kept and rented out after the building was first converted. Wonder what is causing them to sell now.
October 21st, 2012 at 1:11 pm
Daisy, I think the reason has to do with timing. All these units face the Bridge and with their new project started the view of bridge is about to disappear so they are likely selling now before the view is blocked. BTW, I live in rental unit they are selling (not listed above)
October 21st, 2012 at 8:19 pm
The “B” line faces east, towards Washington Street, not towards the Brooklyn Bridge. So that isn’t the motivation.
The prices for the Two YTrees one bedrooms with separate home office sure make the 5J listing with no real bedroom look very overpriced.