Fulton Ferry Condominiums Progress Report 12/7/06


The Fulton Ferry condos, located almost directly under the Brooklyn Bridge, at the corner of Water Street and Old Fulton Street in Dumbo, looks to be close to being completed. Some would consider the location to be on the border of Brooklyn Heights and Dumbo, but there’s no argument about the fantastic views overlooking Manhattan. Not to be confused with Fulton’s Landing of Jersey City, NJ, the building is literally 50 steps to the Fulton Ferry Landing and the riverfront directly across from The River Cafe and the Brooklyn Ice Cream Factory.

There are only 13 units in the building, and the style looks consistent with the neighborhood’s character (despite the building’s trapezoidal shape). The ground floor has 2282 square feet of commercial space and a parking space for each of the units. Maintenance/cc and taxes aren’t listed, but the average price per square feet is $746.26 and average price is $1,167,162. Not bad at all for the space and location, but looks like all units are under contract except for unit 3A, listed by Brooklyn Bridge Realty. Are there any buyers out there who knows the move-in date or what the commercial space will bring to the area?

Click on photos for larger version:

Fulton Ferry Condo (fultonlanding.com)
4 Water Street, Brooklyn, NY

address direction sq. ft. terrace beds bath price price/sq.ft.
2A W 1401 0 2 2 $1,003,700 $716.42
2B S 1595 0 2 2 $1,083,000 $679.00
2C E 1574 702 2 2 $1,034,000 $656.93
2D N 1219 1153 2 2 $921,800 $756.19
3A W 1401 0 2 2 $1,020,000 $728.05
3B S 1595 0 2 2 $1,113,200 $697.93
3C E 1574 124 2 2 $1,014,700 $644.66
3D N 1219 124 2 2 $797,500 $654.22
4A S, W 2010 2387 2+ 2.5 $1,749,000 $870.15
4B N, E 1563 250 2+ 2 $1,049,000 $671.15
5A S, W 1563 455 2+ 2 $1,448,000 $926.42
5B N, E 1562 250 2+ 2 $1,080,200 $691.55
PH N, S, E, W 1843 1477 3 2 $1,859,000 $1,008.68

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