The following four condos are new to the Dumbo Brooklyn market for the week of January 20 – 28, 2013:
- 01/23/2013: 100 Jay Street #6J (Corcoran), $475,000 ($816/sf), $350/mo cc, $10/mo tax (J-51 Abatement expires in 2023), 582sf, 1 bed, 1 bath
- 01/23/2013: 85 Adams Street #6B (Corcoran), $719,000 ($848/sf), $718/mo cc, $23/mo tax (J-51 Abatement expires in 2023), 847sf, 2 bed, 1 bath
- 01/23/2013: 100 Jay Street #28A (Sotheby’s), $2,100,000 ($1,227/sf), $1,184/mo cc, (J-51 Abatement expires in 2023), 1,711sf, 3 beds, 2.5 baths
- 01/24/2013: 79 Bridge Street #4I (Rutenberg Realty), $775,000 ($824/sf), $439/mo cc, $1/mo tax (J-51 Abatement expires in 2014), 940sf, 1 bed, 1 bath
(100 Jay Street #6J)
100 Jay Street has 6 active listings averaging $1,050 per square feet, and has 300 recorded sales at $861 per square feet. This “junior one bedroom” is one of the most affordable units in Dumbo. This will probably sell within a month, according one broker we spoke to.
(85 Adams Street #6B)
This condo has two bedrooms with 10 foot ceilings and asking $719k. It was last sold in August 2010 for $635k according to city records. Per listing: “This spacious home displays a gracious living room plus a smartly designed 2nd BR/guest room, facing south both the main living and master bedroom get a vast amount of light.”
(100 Jay Street #28A)
The best feature of this spacious condo is the view overlooking lower Manhattan and the two bridges. This is a legal 3 bedroom currently used as a 2 bedroom apartment. But that view!
(79 Bridge Street #4I)
“This loft is graced with beautiful white oak hardwood floors throughout, oversized double pane windows and original brick walls.” Condo board approval required.
Concerning buildings in DUMBO soon to be up for sale:
Looking out the window, workers are taking out the arch of bricks above the windows on one of the building being worked on. Small details and beauty taken away. “Too expensive” I bet. The cheapest way is the best way to profit.
Sad that a warehouse building had higher quality construction then an expensive condo building now.
Really says something.
Concerning buildings in DUMBO soon to be up for sale:
Looking out the window, workers are taking out the arch of bricks above the windows on one of the building being worked on. Small details and beauty taken away. “Too expensive” I bet. The cheapest way is the best way to profit.
Sad that a warehouse building had higher quality construction then an expensive condo building now.
Really says something.