Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
205 Water Street #7E

For Sale · Listing by Compass

205 Water Street #7E

Dumbo, Brooklyn

$2,395,000

Interested in this property?
Active For Sale • Condo

$2,395,000

$1,816 per sq ft

205 Water Street #7E

Dumbo, Brooklyn

MLS® #RLS20088186

RLS at REBNY

Listing by Compass

2
Bedrooms
2
Baths
1,319
Sq. Ft.
2010
Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,319 sq ft
Lot Size 17,916 sq ft
Year Built 2010
Ownership Condo
HOA/Common Charges $2,495/mo
Property Taxes $16,116/yr
Parking Garage
Neighborhood Dumbo
Floor 7 of 9

Property Highlights

  • Views: City, River, Water
  • Exposure: West facing
  • Outdoor Space: Terrace

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 7 of 9
View City, River, Water
Exposure West
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 2010
Living Area 1,319 sq ft
Parking Garage Available
Parking Features Assigned, Garage
Architectural Style Loft
Flooring Hardwood
Furnished Unfurnished
Lot Size 17,916 sq ft
Parcel # 00031-1261
Block/Lot 00031/1261

Listing History

Event Date Price Change
Listed Sep 28, 2026 $2,395,000 -
Currently Sep 28, 2026 $2,395,000 -

Description

Then there's the terrace, an extraordinary extension of the living space and a rare chance to dine, entertain, unwind, or simply take in the view from your own private outdoor retreat. Fully landscaped, it is outfitted with custom seating, storage, a built-in Green Egg, and a separate grill. A remarkable indoor-outdoor residence, this beautifully proportioned two-bedroom, two-bathroom condo is the one you've been waiting for. With dramatic views, exceptional light, and a sprawling private terrace in one of Brooklyn's most iconic neighborhoods, Residence 7E is a must-see. A wall of windows and glass doors frames an unforgettable backdrop of the East River and Manhattan skyline, connecting the living space seamlessly to the terrace. Wide-plank oak floors amplify the sense of space, while refined finishes complement the industrial character that defines Dumbo. The open chef's kitchen is designed for both entertaining and everyday living. Polished Luce de Luna quartzite countertops, an integrated Sub-Zero refrigerator, a Thermador oven and cooktop, and wine storage complete the space. The serene primary suite offers a walk-in closet and an en-suite bath finished with a walnut vanity, Carrara marble, Italian porcelain, and natural stone, a setting that feels more like a luxury hotel than a New York apartment. A spacious second bedroom with excellent closet space sits beside the second full bath, which features a soaking tub. Then there's the terrace, an extraordinary extension of the living space and a rare chance to dine, entertain, unwind, or simply take in the view from your own private outdoor retreat. Fully landscaped, the terrace it is outfitted with custom seating, storage, a built-in Green Egg smoker and separate grill. 205 Water Street pairs Dumbo's unmistakable industrial architecture with contemporary comfort. Residents enjoy a 24-hour concierge, fitness center, landscaped courtyard, roof deck, residents' lounge, refrigerated storage, bicycle storage, on-site resident manager, and private garage. Set among Dumbo's cobblestone streets, celebrated waterfront, restaurants, galleries, shops, and convenient transportation, Residence 7E offers the space of a true home with the energy of one of New York City's most distinctive neighborhoods. Parking and storage are available for separate purchase.

Features & Amenities

Interior Features

Breakfast Bar Double Vanity Building Washer Dryer Install Allowed Common On Floor Common Area In Unit Flooring: Hardwood

Exterior Features

Building Barbecue Building Courtyard Building Garden Building Roof Deck Building Balcony Private Outdoor Space Over60 Sqft Terrace

Building Amenities

Bike Storage Elevators Fitness Center Package Room Recreation Room Screening Room Storage Clubhouse Security System Security Gate

Appliances

Dishwasher

Building Information

Building Data View Compliance & Permits
Total Units 65
Stories 9
Style Loft

Financial Details

Common Charges $2,495/mo
RE Taxes $16,116/yr ($1,343/mo)

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

43

Median Asking Price

$2.27M

Median $/Sqft

$1,755

Avg Days on Market

N/A

New This Week

3

Price Reduced

19%

Sold (30 Days)

4

Median Sale Price

$1.57M

Live data from RLS at REBNY • Updated 9/28/26, 7:43 PM EST

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Location

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205 Water Street #7E, Dumbo, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2010
Year Built
16 years old
9
Floors
65
Residential Units
M1-4/R7A
Zoning District
Condominiums Historic District: DUMBO Historic District

Tax & Assessment

Assessed Value: $14,296,017
Land Value: $1,221,770
Exemptions: $4,937,928

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

Lot Area: 21,740 SF
Building Area: 82,761 SF
Built FAR: 3.81
Allowed FAR: 4

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 $2,495 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $16,116, or roughly $1,343 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,319 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2010, making it approximately 16 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 $2,395,000 for 1,319 sq ft, the asking price per square foot is approximately $1,816. 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) 416-7433
MLS® ID: RLS20088186
First Listed: 5/1/2026
On Market: 9/28/2026
Contract Date: 4/27/2026

Listing Courtesy of Compass - Kimberly L Pressman

Listing Contact: (917) 991-5511

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 9/28/2026 at 11:43 PM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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Dumbo Market Update

4 sales last 30 days · $2.27M median · 10.8 months supply

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New listings in this neighborhood

Quick Facts

Status Active Type Condo Neighborhood Dumbo Borough Brooklyn
County Kings
Floor 7 of 9
Year Built 2010
First Listed 5/1/2026
Parking Garage
Style Loft
Living Area 1,319 sqft
Common Charges $2,495/mo
Annual Tax $16,116

Monthly Costs Estimate

Down Payment 20%

$479,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $2,495
Est. Taxes $1,343
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $2M to $2,999,999 at 1.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$29,938

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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