Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
51 Jay Street #5K
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Active For Sale Condo

$1,250,000

$1,398 per sq ft

51 Jay Street #5K

Dumbo, Brooklyn

51 Jay Street Condo

MLS® #RLS20077893

RLS at REBNY

Listing by Compass

1

Bedroom

1.5

Baths

894

Sq. Ft.

2016

Year Built

Quick Summary

Bedrooms 1
Bathrooms 2 full, 1 half
Living Area 894 sq ft
Year Built 2016
Ownership Condo
HOA/Common Charges $1,149/mo
Property Taxes $1,968/yr
Neighborhood Dumbo
Floor 5 of 7

Property Highlights

  • Exposure: North facing
  • Climate Control: Central Air, Other

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full, 1 Half
Floor 5 of 7
Exposure North
Cooling Central Air, Other
Pets Yes, CatsOk, DogsOk
Year Built 2016
Living Area 894 sq ft
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Parcel # 00031-1464
Block/Lot 00031/1464

Listing History

Event Date Price Change
Listed Mar 18, 2026 $1,339,000 -
Currently May 4, 2026 $1,250,000 -6.6%

Description

ALL SHOWINGS AND OPEN HOUSE SHOWINGS BY APPOINTMENT ONLY. MOTIVATED SELLER ASKING ~10% LESS THAN SELLER PAID. GREAT OPPORTUNITY FOR PRIMARY RESIDENCE OR INVESTMENT. APARTMENT IS DELIVERED VACANT BUT MARKET RATE RENT IS $6,200 A MONTH! Prime Dumbo! Rarely available almost 900 sqft 1 bedroom/ 1.5 bath home in a doorman condo! Incredibly light and beautifully maintained 1 bedroom, 1.5 bath home with soaring ceilings and Northern exposures located in the heart of DUMBO in a full service condo building! This spacious home has oversized casement windows which give this apartment an airy feel and lots of light. This home features an open chef's kitchen with top-of-the-line stainless steel appliances, marble countertop and a walk-in pantry. Off the living space is a dedicated dining nook with built-in banquette seating offering a separate space for dining. Off the entrance you will find a powder room and in-unit washer/dryer. The bedroom has ample closet space and a stunning en suite bath with double vanity, separate shower and a soaking tub. The apartment has central ac, herringbone flooring, low monthlies, and incredible closet space. 51 Jay Street is a full service condominium with a 24-hour attended lobby, full time super, common garden, fitness center with separate yoga room, residents' lounge, children's playroom and an impressive roof terrace with an outdoor kitchen, a fireplace, outdoor shower and gorgeous views. Centrally located near the subway, grocery stores, parking garages, great restaurants and night life, as well as many other great neighborhood attractions. This unique home in a prime location is a must see! Pet friendly and tax abatement through 2033. Private Storage is available for sale.

Features & Amenities

Interior Features

Double Vanity High Ceilings Pantry Soaking Tub Building Washer Dryer Install Allowed Common On Floor Common Area In Unit Flooring: Hardwood

Exterior Features

Building Barbecue Building Roof Deck

Building Amenities

Elevators

Appliances

Stainless Steel Appliances Washer

Building Information

Financial Details

Common Charges $1,149/mo
RE Taxes $1,968/yr ($164/mo)
Original Price $1,339,000
Previous Price $1,339,000

DUMBO (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 Neighborhood

Active Listings

32

Median Asking Price

$1.71M

Median $/Sqft

$1,529

Avg Days on Market

N/A

New This Week

2

Price Reduced

13%

Sold (30 Days)

4

Median Sale Price

$2.86M

Live data from RLS at REBNY • Updated 5/3/26, 10:36 PM EST

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Location

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51 Jay Street #5K, Dumbo, Kings County

Virtual Tour

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1905
Year Built
121 years old
7
Floors
76
Residential Units
M1-4/R8A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $20,997,453
Land Value: $613,352
Exemptions: $8,354,561

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 27,250 SF
Building Area: 112,739 SF
Built FAR: 4.14
Allowed FAR: 6.02

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

Frequently Asked Questions

Common questions about this property

The current listed common charges are $1,149 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $1,968, or roughly $164 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom and 1 half bathroom.

The listed interior living area is 894 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2016, making it approximately 10 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 the listing broker for weight limits or breed restrictions.

At the current list price of $1,250,000 for 894 sq ft, the asking price per square foot is approximately $1,398. 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 mcoste@kwnyc.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) 416-7433
MLS® ID: RLS20077893
First Listed: 3/18/2026
On Market: 3/18/2026
Price Changed: 4/20/2026
Contract Date: 3/18/2026

Listing Courtesy of Compass - Tracie F Golding

Listing Contact: (917) 837-1918

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.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/4/2026 at 2:36 AM UTC

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