{"id":179127,"date":"2018-04-03T12:02:50","date_gmt":"2018-04-03T16:02:50","guid":{"rendered":"https:\/\/www.livabl.com\/articles\/?p=179127"},"modified":"2024-02-19T02:17:24","modified_gmt":"2024-02-19T07:17:24","slug":"4-million-buys-dumbo-new-condo-market","status":"publish","type":"post","link":"https:\/\/www.livabl.com\/articles\/news\/4-million-buys-dumbo-new-condo-market","title":{"rendered":"This is what $4 million buys you in the DUMBO new condo market"},"content":{"rendered":"<h4 id='pressboard-ad-sponsorship-tag' style='margin-bottom: 35px;'><\/h4><p>DUMBO is a small industrial neighborhood with cobblestone streets and breathtaking views of Manhattan, just steps away from the Brooklyn Bridge. In fact, it\u2019s the first Brooklyn neighborhood you\u2019ll happen upon should you walk the famous bridge.<\/p>\n<p>Originally a ferry landing, DUMBO was redeveloped in the 1980s as a commercial and residential community. Since then, many of DUMBO\u2019s empty warehouses have been repurposed to house a rapidly growing population of tech startups. Online retailer Etsy and the home furnishing store West Elm have their headquarters in DUMBO.<\/p>\n<p>Today, the historic neighborhood is home to a mix of old and converted warehouses, boutique shops, local restaurants, museums and art galleries, theatres and new construction luxury condos.<\/p>\n<p>DUMBO has quickly grown to become Brooklyn&#8217;s most expensive neighborhood, and New York City&#8217;s fourth-richest community overall, thanks to its large concentration of tech startups, its close proximity to Manhattan, and its large number of former industrial buildings that have been converted into spacious luxury residential apartments.<\/p>\n<p>Here\u2019s a brief round-up of what you can buy for $4 million or less in the new condo market in DUMBO:<\/p>\n<h2>1. The Standish<\/h2>\n<p><a href=\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2018\/04\/The-Standish.jpg\" rel=\"lightbox[179127]\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-179128\" src=\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2018\/04\/The-Standish-1024x807.jpg\" alt=\"\" width=\"1024\" height=\"807\" \/><\/a><\/p>\n<p><span style=\"font-weight: 400\"><a href=\"https:\/\/www.livabl.com\/brooklyn-ny\/the-standish\">The Standish<\/a> is located at 171 Columbia Heights in DUMBO\/Brooklyn Heights. The address is well known to comic book fans and theatre geeks worldwide as both the home of Superman\u2019s alter ego Clark Kent, and for its depiction in Arthur Miller\u2019s famous tragedy \u00a0\u201cDeath of a Salesman.\u201d The Standish is developed by <\/span><a href=\"https:\/\/www.livabl.com\/builder\/ddg\"><span style=\"font-weight: 400\">DDG<\/span><\/a><span style=\"font-weight: 400\"> and houses 31 units, ranging in size from 857 square feet to 1,540 square feet.<\/span><\/p>\n<p>Residences feature elevated ceilings and wide windows that offer a wealth of natural light and panoramic views of New York harbor. Bathrooms feature rain showers, travertine and mosaic accents, and Fantini fixtures in natural brass.<\/p>\n<p>Amenities include: a fitness center, bike storage, attended lobby and a rooftop terrace.<\/p>\n<p>Pricing starts at $1.3 million.<\/p>\n<h2>2. 51 Jay Street<\/h2>\n<p><a href=\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2018\/04\/51-jay-Street.jpg\" rel=\"lightbox[179127]\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-179129\" src=\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2018\/04\/51-jay-Street.jpg\" alt=\"\" width=\"1000\" height=\"667\" \/><\/a><\/p>\n<p><span style=\"font-weight: 400\">51 Jay Street<\/span><span style=\"font-weight: 400\"> is developed by <\/span><a href=\"https:\/\/www.livabl.com\/builder\/adam-america-real-estate-development\"><span style=\"font-weight: 400\">Adam America Real Estate Development<\/span><\/a><span style=\"font-weight: 400\"> and <\/span><a href=\"https:\/\/www.livabl.com\/builder\/slate-property-group\"><span style=\"font-weight: 400\">Slate Property Group<\/span><\/a><span style=\"font-weight: 400\">. The converted warehouse was designed by ODA-Architecture and has a total of 74 units, ranging in size from 1,757 square feet to 2,663 square feet. <\/span><\/p>\n<p>Studio and one- to four-bedroom units spread out over pre-existing floors, while three- to four-bedroom penthouse units are located on two brand new floors.<\/p>\n<p>Residences feature smoked and wire-brushed oak flooring laid in an elegant herringbone<\/p>\n<p><span style=\"font-weight: 400\">pattern throughout the living rooms, and dark stained entry doors with metal levers and square rosettes. <\/span><\/p>\n<p>Amenities include: a rooftop terrace, a pet grooming room, concierge service, bike storage, fireplace and private storage.<\/p>\n<p>Pricing for available units starts at $2.7 million.<\/p>\n<h2>3. 200 Water<\/h2>\n<p><a href=\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2018\/04\/200-Water-Street.jpg\" rel=\"lightbox[179127]\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-179130\" src=\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2018\/04\/200-Water-Street-1024x640.jpg\" alt=\"\" width=\"1024\" height=\"640\" \/><\/a><\/p>\n<p><span style=\"font-weight: 400\">Developed by <\/span><a href=\"https:\/\/www.livabl.com\/\"><span style=\"font-weight: 400\">Urban Realty Partners (NYC)<\/span><\/a><span style=\"font-weight: 400\"> and <\/span><a href=\"https:\/\/www.livabl.com\/builder\/megalith\"><span style=\"font-weight: 400\">Megalith<\/span><\/a><span style=\"font-weight: 400\">, 200 Water\u00a0houses 15 units in total, ranging in size from 1,867 square feet to 2,573 square feet. As the site of the former Brillo factory, 200 Water is the last residential building to be developed on this landmarked cobblestoned street.<\/span><\/p>\n<p>Homes boast ceiling heights of 12-feet and seven-inch prime grade radiant heated Siberian white oak flooring.<\/p>\n<p>The penthouse boasts floor-to-ceiling windows and a sculptural spiral staircase, as well as a private rooftop deck.<\/p>\n<p>Amenities include: a landscaped common garden and a fully attended lobby.<\/p>\n<p>Pricing starts at $2.8 million.<\/p>\n<h2>4. Pierhouse at Brooklyn Bridge Park<\/h2>\n<p><a href=\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2018\/04\/Pierhouse.jpg\" rel=\"lightbox[179127]\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-179131\" src=\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2018\/04\/Pierhouse-1024x682.jpg\" alt=\"\" width=\"1024\" height=\"682\" \/><\/a><\/p>\n<p><a href=\"https:\/\/www.livabl.com\/brooklyn-ny\/pierhouse-at-brooklyn-bridge-park\"><span style=\"font-weight: 400\">Pierhouse at Brooklyn Bridge Park<\/span><\/a><span style=\"font-weight: 400\"> is developed by <\/span><a href=\"https:\/\/www.livabl.com\/builder\/toll-brothers-city-living\"><span style=\"font-weight: 400\">Toll Brothers City Living<\/span><\/a><span style=\"font-weight: 400\"> and <\/span><a href=\"https:\/\/www.livabl.com\/builder\/starwood-capital\"><span style=\"font-weight: 400\">Starwood Capital<\/span><\/a><span style=\"font-weight: 400\">. Located at 90 Furman Street, it houses a total of 106 units, with sizes ranging from 2,916 square feet to 4,885 square feet.<\/span><\/p>\n<p>Situated on prime waterfront property, most units featuring double-height ceilings in living rooms and homebuyers can choose from one- to five-bedroom floorplans \u2014 many with outdoor patio space.<\/p>\n<p>In the kitchen, buyers will find top-notch Gaggenau appliances, and honed Calacatta Tucci marble countertops, as well as solid walnut cabinets for a sleek, modern look. The master bath features a deep standalone tub and walk-in glass shower for a true spa-like experience.<\/p>\n<p><span style=\"font-weight: 400\">In addition, a newly-opened hotel is next door, offering out-of-town guests a convenient and upscale place to hang their hat while visiting.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Amenities include: a pet washing station, a children\u2019s playroom, rooftop bar, rooftop pool and a full fitness center. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Pricing for available units starts at $3.6 million.<\/span><\/p>\n<div id='pressboard-ad-sponsorship-msg'><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A brief round-up of what you can buy for $4 million or less in the new condo market in the DUMBO area.<\/p>\n","protected":false},"author":27,"featured_media":179131,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","apple_news_api_created_at":"2018-04-03T16:02:55Z","apple_news_api_id":"1cddf09e-cbed-4d6f-a2ad-f147e1fbdf01","apple_news_api_modified_at":"2018-04-03T16:02:55Z","apple_news_api_revision":"AAAAAAAAAAD\/\/\/\/\/\/\/\/\/\/w==","apple_news_api_share_url":"https:\/\/apple.news\/AHN3wnsvtTW-irfFH4fvfAQ","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_is_hidden":false,"apple_news_is_paid":false,"apple_news_is_preview":false,"apple_news_is_sponsored":false,"apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"middle","apple_news_slug":"","apple_news_sections":["https:\/\/u48r14.digitalhub.com\/sections\/09b86915-7d2b-3acd-915b-b215002d01b7"],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[11108],"tags":[11199,11209,11107],"coauthors":[9166],"apple_news_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - 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A native New Yorker, Robert has lived in all five boroughs and loves photography, chocolate, all things Stephen King, coffee and his dog, Sprite.\",\"sameAs\":[\"https:\/\/twitter.com\/http:\/\/twitter.com\/bbhnyc\"],\"url\":\"https:\/\/www.livabl.com\/articles\/author\/robert-clark\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"This is what $4 million buys you in the DUMBO new condo market | Livabl","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.livabl.com\/articles\/news\/4-million-buys-dumbo-new-condo-market","og_locale":"en_US","og_type":"article","og_title":"This is what $4 million buys you in the DUMBO new condo market | Livabl","og_description":"A brief round-up of what you can buy for $4 million or less in the new condo market in the DUMBO area.","og_url":"https:\/\/www.livabl.com\/articles\/news\/4-million-buys-dumbo-new-condo-market","og_site_name":"Livabl","article_published_time":"2018-04-03T16:02:50+00:00","article_modified_time":"2024-02-19T07:17:24+00:00","og_image":[{"width":1223,"height":815,"url":"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2018\/04\/Pierhouse.jpg","type":"image\/jpeg"}],"author":"Robert Clark","twitter_misc":{"Written by":"Robert Clark","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.livabl.com\/articles\/news\/4-million-buys-dumbo-new-condo-market","url":"https:\/\/www.livabl.com\/articles\/news\/4-million-buys-dumbo-new-condo-market","name":"This is what $4 million buys you in the DUMBO new condo market | Livabl","isPartOf":{"@id":"https:\/\/www.livabl.com\/articles\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.livabl.com\/articles\/news\/4-million-buys-dumbo-new-condo-market#primaryimage"},"image":{"@id":"https:\/\/www.livabl.com\/articles\/news\/4-million-buys-dumbo-new-condo-market#primaryimage"},"thumbnailUrl":"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2018\/04\/Pierhouse.jpg","datePublished":"2018-04-03T16:02:50+00:00","dateModified":"2024-02-19T07:17:24+00:00","author":{"@id":"https:\/\/www.livabl.com\/articles\/#\/schema\/person\/dee04536ac5c10fcb37375cc49425a78"},"breadcrumb":{"@id":"https:\/\/www.livabl.com\/articles\/news\/4-million-buys-dumbo-new-condo-market#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.livabl.com\/articles\/news\/4-million-buys-dumbo-new-condo-market"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.livabl.com\/articles\/news\/4-million-buys-dumbo-new-condo-market#primaryimage","url":"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2018\/04\/Pierhouse.jpg","contentUrl":"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2018\/04\/Pierhouse.jpg","width":1223,"height":815},{"@type":"BreadcrumbList","@id":"https:\/\/www.livabl.com\/articles\/news\/4-million-buys-dumbo-new-condo-market#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Articles","item":"https:\/\/www.livabl.com\/articles"},{"@type":"ListItem","position":2,"name":"News","item":"https:\/\/www.livabl.com\/articles\/news"},{"@type":"ListItem","position":3,"name":"This is what $4 million buys you in the DUMBO new condo market"}]},{"@type":"WebSite","@id":"https:\/\/www.livabl.com\/articles\/#website","url":"https:\/\/www.livabl.com\/articles\/","name":"Livabl","description":"Building New Home Dreams","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.livabl.com\/articles\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.livabl.com\/articles\/#\/schema\/person\/dee04536ac5c10fcb37375cc49425a78","name":"Robert Clark","description":"Robert is a real estate reporter for Livabl, covering market trends, architecture and his personal favorite \u2014 tech. 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