$4,995,000
173 WATER Street
MLS® #RLS20091938
Listing by Douglas Elliman Real Estate
4
Bedrooms
3
Baths
N/A
Sq. Ft.
2014
Year Built
Quick Summary
Property Highlights
- Views: Other
- Fireplace: 1 fireplace
- Climate Control: Central Air
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | May 5, 2026 | $4,995,000 | - |
| Currently | May 18, 2026 | $4,995,000 | - |
Description
Designer's Dream DUMBO Townhome
This extraordinary townhome represents a rare opportunity to own a truly one-of-a-kind residence in one of New York City's most iconic waterfront neighborhoods. One of only five independent townhomes, this award-winning passive townhouse offers a remarkable blend of contemporary design, privacy, and luxury living in the heart of DUMBO.
Spanning six levels and 18 feet wide, this architecturally significant residence features four bedrooms, three full bathrooms, two fireplaces, two private outdoor spaces, and the ultimate city luxury: a private covered parking space set on a remote-controlled rotating turntable for effortless entry and exit directly from your back door.
The homes entry level offers a versatile bedroom, den, or home office alongside a full bathroom, creating an ideal guest suite with direct access to the private garage.
The dramatic parlor floor is designed for exceptional entertaining, featuring soaring 20-foot ceilings, a mezzanine overlook, a striking open concept staircase, and a wall of wall-to-wall windows that flood the space with natural light. The living room centers around a gas fireplace, while the chef's kitchen showcases a top-of-the-line custmo design complete with premium Miele appliances, gas and electric cooktops, vented exhaust, dishwasher, refrigerator, expansive custom wood cabinetry, generous countertops, center island, and a unified dining area. This is the prefect space for entertaining or for everyday living.
Sliding glass doors open seamlessly to a beautifully designed terrace with built-in gas grill creating the perfect indoor/outdoor living experience.
Above, a mezzanine media lounge overlooks the entertaining level before leading to the luxurious full-floor primary suite. This serene retreat features wide plank white oak flooring, a gas fireplace, skylight, custom-fitted dressing room, and a spa-inspired bath with double vanity, dual shower heads, freestanding soaking tub, and radiant heated floors.
The fourth floor offers two additional bedrooms, a shared full bathroom, and a thoughtfully designed laundry room with full-size washer and vented dryer.
Crowning the home is a private sun-drenched roof terrace with glass railings and covered outdoor kitchen area, offering breathtaking views of the Manhattan Bridge, East River, Brooklyn Bridge Park, and the Downtown Manhattan skyline - an ideal setting for entertaining, gardening, or sunset cocktails.
Completed in 2015, the DUMBO Townhouses were designed with energy-efficient building systems, triple-glazed windows and doors, central heating and cooling, radiant heated bathroom floors, and a fully equiped smart home system featuring remote video intercom access and locking capabilities from anywhere in the world.
All conveniently located moments from Brooklyn Bridge Park, Empire Stores, Jane's Carousel, St. Ann's Warehouse, acclaimed restaurants, cafés, shopping, the A/C/F subway lines, NYC Ferry, and everything DUMBO has to offer.
With exceptionally low carrying costs - monthly taxes under $1,200 and a $100 per month charge for garage maintenance, this home is not to be missed.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Appliances
Building Information
Financial Details
About DUMBO
View All DUMBO ListingsDUMBO (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 NeighborhoodActive Listings
19
Median Asking Price
$2.33M
Median $/Sqft
$1,803
Avg Days on Market
N/A
New This Week
1
Price Reduced
26%
Sold (30 Days)
5
Median Sale Price
$2.31M
Live data from RLS at REBNY • Updated 5/18/26, 1:54 PM EST
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Location
173 WATER Street, DUMBO, Kings County
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed annual property tax is $13,788, or roughly $1,149 per month. Verify the current assessment with your attorney before closing.
This property has 4 bedrooms and 3 full bathrooms.
According to MLS records, the building was constructed in 2014, making it approximately 12 years old.
This listing is None
Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.
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) 416-7433Listing Courtesy of Douglas Elliman Real Estate - Kaila Rhubright
Listing Contact: (941) 404-9236
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 Data display by Keller Williams NYC. Data last updated on 5/18/2026 at 5:54 PM UTC