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51 Jay Street, #PHE

$5,500,000 ($1,824 per ft2) | 4 beds, 4.5 baths | Approx. 3,016 ft2
Building Profile  | 
54 days on Market

Key Details

  • Listed: Sep 30, 2024
    Last Price Change: ($300,000) on Nov 12
    Days on Market: 54
    Building Type: Condominium
    Neighborhood: DUMBO (Brooklyn)
    Doorman: FT Doorman
Monthly Common Charges: $4,829
Monthly Real Estate Taxes: $4,613
Total Taxes & Fees: $9,442 ($3.13/ft2)
Est. Monthly Mortgage: $29,362
Total Est. Monthly Carrying Cost: $38,804 ($12.87/ft2)
Note: the above is based on a down payment of 20% ($1,100,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Stunning Penthouse Duplex: This glamorous penthouse offers expansive indoor and outdoor living with breathtaking views of the Manhattan skyline and the Manhattan Bridge.
  • Luxurious Finishes: Featuring high ceilings, fumed oak herringbone floors, and automated electric shades, this home exudes elegance and sophistication.
  • Chef's Kitchen: An open chef’s kitchen equipped with Aster Cucine cabinetry, honed La Rochelle Gris marble countertops, and top-of-the-line Gaggenau appliances.
  • Spacious Primary Suite: The primary bedroom suite includes a custom Henry Built closet and a lavish marble-clad bathroom with a deep soaking tub and walk-in shower.
  • Expansive Terraces: Enjoy over 2,764 square feet of outdoor space, perfect for entertaining and soaking in stunning city views.
  • Deeded Parking Space: Includes a deeded parking space purchased separately, adding convenience in the bustling DUMBO neighborhood.

Description

A rare find, this glamorous penthouse duplex sits atop a converted warehouse in the historic waterfront neighborhood of Dumbo. With a deeded parking space next door at 205 Water Street (purchased separately in 2021 for $140,000), and sprawling terraces that enjoy views of the Manhattan skyline and the Manhattan Bridge, this home truly has it all. This penthouse features top-of-the-line finishes throughout and 4 bedrooms and 4 and a half bathrooms spread over 3,016 interior and 2,764 exterior square feet, offering the perfect layout for indoor and outdoor living and entertaining. The elegant modern interior boasts high ceilings, fumed oak herringbone floors, multi-zoned heating and cooling system, and automated electric shades in every room. Upon entering the apartment, you are greeted by an abundance of natural light through two stunning southwestern facing walls of floor-to-ceiling blackened steel casement windows.

The 40.5-foot long great room can accommodate a large seating area and a dining table that could easily seat 20. With access to the terrace, the main living level is ideal for entertaining but also for day-to-day living. The open chef’s kitchen boasts Aster Cucine cabinetry with blackened hardware, honed La Rochelle Gris marble countertops, and a suite of Gaggenau appliances including a 5-burner cooktop, convection range, 42" fridge, wine cooler and microwave drawer.

All is accentuated by an oversized 12-foot center island and bar with seating for four. The primary bedroom suite is generously scaled and outfitted with a large custom Henry Built closet and a 5-fixture marble clad bathroom with double vanity, a deep soaking tub and walk-in glass-enclosed shower, and a floor-to-ceiling inset medicine cabinet with brass accents. The bedroom opens onto the terrace with views of One World Trade. Off of the main hall is a guest bedroom with en-suite bathroom, a powder room, a vented laundry room, and a pantry. Up one flight of stairs are two additional bedrooms with en-suite bathrooms and another wrap terrace.

The bathrooms feature nickel hardware, tundra gray honed marble, oak vanities, and basalt porcelain tiles. Built in 2016, 51 Jay Street was designed by the acclaimed architecture firm ODA. The building has 75 units over 7 floors. Amenities include a full-time doorman, package room, cold storage, a fitness and yoga room, children’s playroom, rooftop terrace with grill and fireplace, landscaped courtyard, bike storage, and pet wash.

421a tax abatement expires in 2033. An indoor parking space at 205 Water Street (around the corner from 51 Jay Street) will convey with the unit as well as a storage unit. The common charges for the parking space are $80 per month, and the annual taxes are $794.

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Listing courtesy of Compass

Pricing History

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About 51 Jay Street

74

51 Jay Street has received a CityRealty Rating of 74, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

25
Out of 44
+
25
Out of 36
+
16
Out of 39
+
8
=
74
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Partially Visible 1 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
Free Standing 2 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
No Consistency 0 out of 1 points
Landmark:
Part of Historic District 1 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
More than 5 Short Blocks 0 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
Less than 3 Short Blocks 2 out of 2 points
Shopping:
6-10 Short Blocks 1 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Stunning 5 out of 5 points
Units Per Floor:
10-15 1 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
Substantial 2 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Attended Lobby
  • FT Doorman
  • Resident Storage
  • Central AC
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Mail Room
  • Children's Playroom
  • Lounge
  • Fitness Center
  • Rooftop Terrace
  • On-Site Parking
  • Outdoor Entertainment Space
  • Courtyard
  • In-Unit Washer/Dryer
  • Live-In Superintendent
  • Historic District

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Pros
  • Doorman
  • Double height lobby with railroad tracks
  • Central location in Dumbo
  • Pet washing station
  • Landscaped courtyard
  • Fitness center
  • Roof deck with fireplace
  • Concierge
  • Close to Subway
Cons
  • No balconies
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Subways

  1. F
at Jay 0.26 miles
  1. J
  2. Z
  3. 2
  4. 3
  5. 4
  6. 5
  7. A
  8. C
at Cadman Plaza West and Cranberry 0.36 miles

Aerial Imagery

 

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