Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
51 JAY Street #5M

For Sale · Listing by Douglas Elliman Real Estate

51 JAY Street #5M

DUMBO, Brooklyn

$1,775,000

Interested in this property?
Active For Sale Condo

$1,775,000

$1,272 per sq ft

51 JAY Street #5M

DUMBO, Brooklyn

51 Jay Street Condo

MLS® #RLS20113154

RLS at REBNY

Listing by Douglas Elliman Real Estate

2
Bedrooms
2.5
Baths
1,395
Sq. Ft.
1905
Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 1 half
Living Area 1,395 sq ft
Year Built 1905
Ownership Condo
HOA/Common Charges $1,848/mo
Property Taxes Contact for details
Parking Garage
Neighborhood DUMBO
Floor 5 of 6

Property Highlights

  • Views: Other
  • Climate Control: Central Air
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 7
Baths 2 Full, 1 Half
Floor 5 of 6
View Other
Cooling Central Air
Pets Yes
Year Built 1905
Living Area 1,395 sq ft
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 00031-1466
Block/Lot 00031/1466

Listing History

Event Date Price Change
Listed Sep 8, 2026 $1,775,000 -
Currently Sep 9, 2026 $1,775,000 -

Description

Designed by acclaimed architecture firm ODA, 51 Jay is a warehouse conversion completed in 2016 fusing classic industrial character with contemporary finishes, and this fifth-floor residence is a standout example. Spanning 1,395 square feet with 10-plus foot ceilings, this oversized two-bedroom floorplan overlooks a peaceful, landscaped courtyard that ensures maximum quiet all day long. The unit features oversized floor-to-ceiling blackened steel casement windows with northern exposure, fitted with custom blackout curtains for effortless rest. This home is elevated throughout with bespoke light fixtures, wide plank oak hardwood flooring, and custom storage. The open-concept living and dining area is finished with herringbone oak floors and anchored by a custom media built-in, flowing seamlessly into a chef's kitchen outfitted with custom Aster Cucine cabinets, La Rochelle Gris marble slab countertops, and a full suite of Gaggenau appliances, including a 42-inch refrigerator, gas cooktop, wall oven, microwave, and integrated wine fridge and cabinet. The primary suite is a true sanctuary, featuring oversized dual-pane windows, a bespoke walk-in closet, and oak herringbone floors echoing those in the living room. The spa-like en-suite bath continues the story with marble flooring, a lacquered dark brown double vanity with copper accents, a glass-enclosed walk-in shower, and a deep soaking tub. The second bedroom is generously sized with ample closet space and oversized windows, while the second full bath and powder room are elegantly appointed with nickel fixtures, oak vanities, and basalt porcelain tile. In a rare find for DUMBO, this home also offers a dedicated in-unit laundry room with additional storage space, complete with a Bosch washer and vented Bosch dryer, delivering everyday convenience beyond what most residences in the neighborhood can offer. Beyond the residence, 51 Jay offers a 24-hour attended lobby with concierge, a fitness and yoga room, a resident's lounge, a children's playroom, bike and resident storage, cold storage, a pet washing and grooming station, a large-capacity laundry room, and a landscaped courtyard and rooftop terrace complete with lounge areas, a grill, an outdoor kitchen, and a fireplace. Nestled in the heart of DUMBO, 51 Jay offers more than luxury living, it's a lifestyle. Brooklyn Bridge Park, Janes Carousel, St. Ann's Warehouse, Empire Stores, and Time Out Market, this vibrant neighborhood is home to art galleries, Michelin-starred restaurants, and boutique shopping, with Manhattan just a quick subway stop, bike ride, or ferry away.

Features & Amenities

Interior Features

Building Other Washer Hookup In Unit

Exterior Features

Building Roof Deck

Building Amenities

Bike Storage Cold Storage Common Playroom Concierge Kitchen Facilities

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Common Charges $1,848/mo
RE Taxes Contact for details

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

18

Median Asking Price

$1.85M

Median $/Sqft

$1,468

Avg Days on Market

N/A

New This Week

4

Price Reduced

11%

Sold (30 Days)

1

Median Sale Price

$983K

Live data from RLS at REBNY • Updated 9/9/26, 1:59 AM EST

Location

Loading map...

51 JAY Street #5M, DUMBO, Kings County

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 $1,848 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 2 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 1,395 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 $1,775,000 for 1,395 sq ft, the asking price per square foot is approximately $1,272. 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 [email protected]. 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: RLS20113154
First Listed: 9/8/2026
On Market: 9/8/2026
Price Changed: 9/8/2026
Contract Date: 9/8/2026

Listing Courtesy of Douglas Elliman Real Estate - Claudia M Saez

Listing Contact: (212) 891-7000

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 9/9/2026 at 5:59 AM UTC

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DUMBO Market Update

1 sale last 30 days · $1.85M median · 18 months supply

Read Full Report

New listings in this building

Quick Facts

Status Active Type Condo Neighborhood DUMBO Borough Brooklyn
County Kings
Floor 5 of 6
Year Built 1905
First Listed 9/8/2026
Parking Garage
Living Area 1,395 sqft
Common Charges $1,848/mo

Monthly Costs Estimate

Down Payment 20%

$355,000

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 $1,848
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 $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$17,750

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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