For Sale · Listing by Serhant
51 JAY Street #5H
DUMBO, Brooklyn
$949,000
51 JAY Street #5H
MLS® #RLS20113457
Listing by Serhant
- 1
- Bedroom
- 1
- Bath
- 664
- Sq. Ft.
- 1905
- Year Built
Quick Summary
Property Highlights
- Views: City Lights, River
- Exposure: North facing
- Style: Loft architecture
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Sep 8, 2026 | $975,000 | - |
| Currently | Oct 24, 2026 | $949,000 | -2.7% |
Description
POTENTIAL MORTGAGE RATE BUYDOWN INCENTIVE The seller is open to offering a concession toward a mortgage rate buydown for qualified buyers using financing. Please inquire for contribution details and eligibility. Subject to lender approval and agreed contract terms. SUNNY SOUTHERN EXPOSURE DUMBO LOFT STUDIO LARGE CUSTOM SLEEPING ALCOVE HIGH CEILINGS IN UNIT WASHER AND DRYER PARKING AVAILABLE TAX ABATEMENT THROUGH 2032 INDUSTRIAL HERITAGE MEETS MODERN DESIGN Once home to Ben Forman & Sons, a factory producing silverware and metal housewares, 51 Jay Street celebrates DUMBO's rich industrial history. Converted into a luxury condominium by award winning architectural firm ODA New York, this distinctive building pairs authentic warehouse character with thoughtfully designed interiors and full service amenities. Ideally located on one of DUMBO's most desirable blocks, this spacious loft studio offers beautiful southern light and a large custom sleeping alcove, creating distinct living and sleeping areas while preserving the home's open, airy feel. Oversized south facing casement windows, high ceilings and solid oak herringbone floors create an inviting architectural backdrop. The generous main living space accommodates separate seating, dining and work from home areas, offering flexibility to entertain, work and unwind. Measuring approximately 11 feet 10 inches by 9 feet 3 inches, the custom sleeping alcove accommodates a king size bed and features a large closet, providing a dedicated retreat separate from the main living space. DESIGNER KITCHEN AND MARBLE BATH The beautifully appointed kitchen features custom Aster Cucine cabinetry, La Rochelle Gris marble slab countertops and premium Gaggenau appliances, including a paneled dishwasher and wine refrigerator. A concealed Bosch washer and dryer adds everyday convenience. The elegant marble bathroom offers a deep soaking tub and generous storage. FULL SERVICE AMENITIES Residents enjoy an extensive collection of amenities: 24 hour concierge Fitness center and yoga room Residents' lounge Children's playroom Two rooftop terraces Pet washroom Bicycle storage Cold storage Garage parking available AN EXCEPTIONAL DUMBO LOCATION Enjoy DUMBO's distinctive cobblestone streets, historic architecture and vibrant waterfront. Brooklyn Bridge Park, Jane's Carousel, St. Ann's Warehouse, Empire Stores and Time Out Market are nearby, along with restaurants, cafés, boutiques and galleries. Transportation options include the F train at York Street, the A and C trains at High Street, and NYC Ferry service. With sunny southern exposure, a generous layout, a king size sleeping alcove and premium finishes, this residence offers a compelling opportunity to own a distinctive loft in an architectural conversion by ODA New York. A tax abatement through 2032 adds to its appeal. Schedule a private viewing to experience the space and natural light firsthand. Open houses and private viewings by appointment only. Co brokers welcome.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Building Information
Financial Details
About DUMBO
View All DUMBO ListingsDUMBO (Down Under the Manhattan Bridge Overpass) sits between the Brooklyn and Manhattan Bridges along the East River waterfront, with a 95-building historic district of converted industrial warehouses. The housing market features spacious loft residences with exposed brick and high ceilings alongside modern luxury condominiums with skyline and waterfront views, served by the F train at York Street and the A and C at High Street. Brooklyn Bridge Park stretches along the waterfront with piers, playgrounds, and Jane's Carousel.
DUMBO Live Market Data
View NeighborhoodActive Listings
39
Median Asking Price
$2.27M
Median $/Sqft
$1,654
Avg Days on Market
N/A
New This Week
1
Price Reduced
31%
Sold (30 Days)
2
Median Sale Price
$1.57M
Live data from RLS at REBNY • Updated 10/24/26, 6:23 PM EST
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Location
51 JAY Street #5H, DUMBO, Kings County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $749 per month. Confirm the exact amount with Milton Coste before making an offer.
This property has 1 bedroom and 1 full bathroom.
The listed interior living area is 664 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1905, making it approximately 121 years old.
This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.
Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.
At the current list price of $949,000 for 664 sq ft, the asking price per square foot is approximately $1,429. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Serhant - Sandy Abbas
Listing Contact: (646) 228-1274
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works
RLS Data display by Keller Williams NYC. Data last updated on 10/24/2026 at 10:23 PM UTC
See it in person
Sale history, taxes, violations and comps for this unit
Before you bid
Pre-Offer Report: 51 JAY Street #5H
At $949,000, the listing leaves out what decides the offer: the recorded sale history, the tax and abatement picture, open building violations and permits, and the closed sales that set the price. Milton prepares the report from public records. No obligation.
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What happens next
- 1Milton emails you today.
- 2A short call about what you want and when.
- 3The agreement arrives electronically after the call. Then showings.
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You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.
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Quick Facts
Monthly Costs Estimate
$189,800
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
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