Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $5,650,000

· Closed March 18, 2026

51 Jay Street #PHB
Closed For Sale Condo

$5,650,000

$1,900 per sq ft

51 Jay Street #PHB

Dumbo, Brooklyn

51 Jay Street Condo

MLS® #RLS20050153

RLS at REBNY

Listing by Compass

4

Bedrooms

4.5

Baths

2,973

Sq. Ft.

2016

Year Built

Quick Summary

Bedrooms 4
Bathrooms 5 full, 1 half
Living Area 2,973 sq ft
Year Built 2016
Ownership Condo
HOA/Common Charges $5,023/mo
Property Taxes $56,256/yr
Neighborhood Dumbo
Floor 1 of 7

Property Highlights

  • Views: City
  • Exposure: East,South facing
  • Outdoor Space: Patio, Terrace, Wrap Around

Property Details

Type Condo
Ownership Condominium
Total Rooms 7
Baths 4 Full, 1 Half
Floor 1 of 7
View City
Exposure East,South
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 2016
Living Area 2,973 sq ft
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Block/Lot 00031/1470

Listing History

Event Date Price Change
Listed Sep 23, 2025 $5,650,000 -
Price Reduced Mar 19, 2026 $5,995,000 +6.1%

Description

Designer Duplex Penthouse with Private Parking Perched atop a converted warehouse in the heart of DUMBO, this one-of-a-kind trophy penthouse—featured in Architectural Digest—has been masterfully reimagined by acclaimed designer Michael Aiduss. Every inch of this 4-bedroom, 4.5-bathroom duplex reflects the highest level of craftsmanship and timeless sophistication. The home’s transformation showcases exquisite materials and thoughtful details, from white oak herringbone floors and lacquered glass-trim pocket doors to brass fixtures, French-inspired moldings, and graceful archways. The sprawling great room, wrapped in floor-to-ceiling glass, is ideal for entertaining with seamless access to a spectacular 2,500 sq. ft. landscaped terrace designed by Gunn Landscape Architecture. The custom lacquered kitchen, finished in rich Aegean blue with bronze accents and Calacatta marble, is as functional as it is striking. The primary suite evokes a serene retreat with French moldings, a private Zen terrace, and a spa-like bath clad in Calacatta gold marble and Venetian plaster. A handsome office/bedroom with built-ins and a full black-tiled bath completes this wing. Upstairs, two additional expansive bedroom suites offer refined comfort, including one with Schumacher wallcoverings and Turkish marble, and another with a walk-in closet and en-suite bath. Both open onto a sunlit upper terrace with sweeping sunset views. At 51 Jay, residents enjoy a collection of amenities, including 24-hour concierge service, on-site heated parking, which is transferred with the sale, a fitness and yoga studio, a residents’ lounge, a landscaped courtyard, and a dramatic double-height lobby that sets the tone for this distinguished address.

Features & Amenities

Interior Features

Breakfast Bar Built In Features Chandelier Crown Molding Recessed Lighting Sound System Walk In Closets Building Washer Dryer Install Allowed Common On Floor Common Area In Unit Flooring: Hardwood

Exterior Features

Building Barbecue Building Roof Deck Private Outdoor Space Over60 Sqft Patio Terrace Wrap Around

Building Amenities

Elevators

Appliances

Dryer Dishwasher Washer

Building Information

Financial Details

Common Charges $5,023/mo
RE Taxes $56,256/yr ($4,688/mo)
Sale Price $5,650,000
Previous Price $5,995,000

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

20

Median Asking Price

$2.35M

Median $/Sqft

$1,832

Avg Days on Market

N/A

New This Week

0

Price Reduced

30%

Sold (30 Days)

1

Median Sale Price

$3.65M

Live data from RLS at REBNY • Updated 4/27/26, 4:52 AM EST

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Location

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51 Jay Street #PHB, Dumbo, Kings County

Floor Plans

Floor Plan

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 $5,023 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $56,256, or roughly $4,688 per month. Verify the current assessment with your attorney before closing.

This property has 4 bedrooms and 4 full bathrooms and 1 half bathroom.

The listed interior living area is 2,973 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: 3. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $5,650,000 for 2,973 sq ft, the asking price per square foot is approximately $1,900. 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: RLS20050153
First Listed: 9/22/2025
On Market: 9/23/2025
Price Changed: 3/19/2026
Closed: 3/18/2026
Contract Date: 9/15/2025

Listing Courtesy of Compass - Rachel Greenstein

Listing Contact: (646) 529-0905

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 4/27/2026 at 8:52 AM UTC

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