The following two condos are new to the Dumbo Brooklyn market for the week of September 30 – October 7, 2012:
10/05/2012: 100 Jay Street #9E (Corcoran), $680,000 ($850/sf), $537/mo cc, $14/mo tax, 800sf, 1 bed, 1 bath
10/06/2012: 84 Front Street #9C (Corcoran), $995,000 ($815/sf), $875/mo cc, $160/mo tax, 1220sf, 2 bed, 2 bath
(100 Jay Street, #9E)
This one bedroom apartment features 9’4″ ceilings with a balcony facing north. J Condo is a 33 story building with 267 apartments, built in 2007. As a reference point, E line apartments have been renting betwen $3,000 – $3,300 per month. There have been 292 recorded sales for an average of $857 per square feet.
(84 Front Street, #9C)
This 2 bedroom condo includes a balcony and was also listed for rental in May 2012 for $3,900. There have been 74 recorded sales for an average of $765 per square feet.
The following three condos are new to the Dumbo Brooklyn market for the week of September 24-30, 2012:
9/25/2012: 28 Old Fulton Street #4B – Fulton Ferry Landing (Dalazar), $1,550,000 ($861/sf), $1,477/mo cc, 1800sf, 2 bed, 2 bath
9/26/2012: 133 Water Street #10B (Brown Harris Stevens), $959,000 ($902/sf), $914/mo cc, $31/mo tax, 1063sf, 2 bed, 2 bath
9/26/2012: 133 Water Street #6C (Brown Harris Stevens), $595,000 ($817/sf), $642/mo cc, $22/mo tax, 728sf, 1 bed, 1 bath
9/28/2012: 70 Washington Street #7F (Douglas Ellian), $725,000 ($1,021/sf), $262/mo cc, $15/mo tax, 710sf, 1 bed, 1 bath
(28 Old Fulton Street, #4B)
This spacious coop unit in the 1894 Eagle Warehouse building has corner exposures with Manhattan, the East River and the Brooklyn Bridge views. The landmarked building has 85 units and is across the street from Grimaldi’s pizza. Per the listing, this unit is “fully renovated, this beautiful home boasts a state-of-the art open kitchen, a 16’x34′ living/dining replete with custom designed and hand crafted wood cabinet around a built-in stereo system, an amazing home office and a custom designed library/guest room.”
(133 Water Street, #10B)
“Enjoy amazing water views from this high floor two bedroom/two bath apartment with private terrace in prime DUMBO…The master bedroom has two closets and an extremely large ensuite bathroom, complete with two Scarabeo sinks, a rich wood vanity and both a stall shower and separate Vitabath Venetian soaking tub. A second bedroom is a generously sized with a double-doored closet. Both bedrooms enjoy partial East River views.”
(133 Water Street, #6C)
Unit #7C (same layout) sold on August 13, 2012 for $605,000. Since 133 Water Street converted from rentals to condos in April, 5 have sold, 7 are on the market, and one in contract.
(70 Washington Street, #7F)
According to Streeteasy, in the past few months, other units with the same layout rented for $3400, $3450, and $3500 per month. According to city records, F line have sold between $600-690k in the past. 7F has views of Cadman Park, city-quiet windows, and 25+feet of dining/living room.
The following condo is new to the Dumbo Brooklyn market for the week of September 16-23, 2012:
9/20/2012: 133 Water Street #4A (Brown Harris Stevens), $899,000 ($799/sf), $956/mo cc, 1124sf, 2 bed, 2 bath
(133 Water Street, 4A)
133 Water Street converted from rentals to condos in April. According to Streeteasy, 5 have been sold to-date (not all units have been released to market) and 3 are in contract. A two bedroom sold for $873,000 (unit #3B, which is slightly smaller 1,057sqft than unit #4A).
The following condos are new to the Dumbo Brooklyn market for the week of August 18-26, 2012:
8/27/2012: 70 Washington Street #6U (FSBO), $1,175,000 ($975/sf), $389/mo cc, 1204sf, 2 bed, 2 bath
8/20/2012: 70 Washington Street #7P (Elliman), $725,000 ($1,026/sf), $281/mo cc, 706sf, 1 bed, 1 bath
8/18/2012: 70 Washington Street #5K (Sotheby’s), $1,285,000 ($824/sf), $623/mo cc, 1560sf, 2 bed, 2 bath
(70 Washington Street, 6U)
This is a for sale by owner listing. According to city records, a December 2005 purchase date of $941k was recorded.
(70 Washington Street, 7P)
This one bedroom condo is on the market by the original owner (according to NYC.gov records). They purchased from the sponsor in October 2006 for $655k. If you’re looking to rent a comparable sized one bedroom in the building, the going rate is approximately $3,500.
(70 Washington Street, 5K)
This condo faces Brooklyn Bridge. 6K (same layout one floor above) rents for $6,600, according to Streeteasy.com. 5K was last sold in January 2007 for nearly $1.15M, according to NYC records.
The following condo is new to the Dumbo Brooklyn market for the week of July 30 – August 5, 2012:
7/31/2012: 57 Front Street #604 (Sotheby’s), $999,000 ($868/sf), $781/mo cc, $247/mo taxes, 1150sf, 2 bed, 2 bath
This 7 story, 33 unit condo (warehouse conversion by developer Leviev Boymelgreen in 2006) had early lot line issue and since resolved have resulted in several reconfigurations of smaller floorplands into large combined units, according to EVP Terrance Le Ray and Charles Homet of Halstead Property.
A similar layout, but on the top floor with private rooftop space, #704 sold on 6/21/2012 for $1,145,000 (or $1,011 per square feet) according to city records. Another recent sale at unit #305 sold for $649,000 (a 1.5 bed, 1 bath, 1,067sf, $608/sf).
The following condo is new to the Dumbo Brooklyn market for the week of July 23-29, 2012:
7/26/2012: 84 Front Street #4C (Halstead), $847,500 ($809/sf), $744/mo cc, 1047sf, 2 bed, 2 bath
This condo aka The Nexus was built in 2006. 5C, with the same layout sold for $820,000 on June 28, 2012 or $783 per square feet. 4F, a larger 2 bedroom unit (1130sf) with balcony sold on May 21, 2012 for $862,500 (or $763 per square feet).
