--- title: "173 WATER Street, New York City, NY 11201" description: "173 WATER Street, New York City, NY 11201 — Townhouse in DUMBO, Brooklyn, NY. Listing Price $4,995,000. 4 bed, 3 bath, 900 sqft Illustrative Buyer Commission Share of $74,925 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/173-water-street-ny-11201" source: "Real Estate Rebate Team" status: "Active" --- # 173 WATER Street, New York City, NY 11201 Townhouse in DUMBO, Brooklyn, NY Courtesy of Douglas Elliman Real Estate ## At a Glance - **Listing Price**: $4,995,000 - **Beds**: 4 - **Baths**: 3 - **Sqft**: 900 - **Monthly Taxes**: $1,149 / mo - **Price per Sqft**: $5,550 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $4,995,000 - **Illustrative Buyer Commission Share**: -$74,925* - **Illustrative Net Cost**: $4,920,075 *Illustrative Buyer Savings of $74,925 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (7) ![173 WATER Street, New York City, NY 11201 — photo 1 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a1a63f06-273c-4bd9-b80c-259b8c8565a2.jpg) ![173 WATER Street, New York City, NY 11201 — photo 2 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3f362572-60cc-463b-a12f-b8eb8e36a7c7.jpg) ![173 WATER Street, New York City, NY 11201 — photo 3 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1db0ff07-105e-4539-883f-6c04a88208be.jpg) ![173 WATER Street, New York City, NY 11201 — photo 4 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/84eed192-3a02-464d-87af-bb10c14c296a.jpg) ![173 WATER Street, New York City, NY 11201 — photo 5 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fa559ec2-eacc-42ab-bdb9-7c8731747db7.jpg) ![173 WATER Street, New York City, NY 11201 — photo 6 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f613725d-ee0f-4391-b084-38fbc1223ee3.jpg) ![173 WATER Street, New York City, NY 11201 — photo 7 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8d09146c-10b5-41ac-8f8e-27c80f88834f.jpg) ## Property Overview 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. ## Property Details - **Property Type**: Single Family Residence - **Beds**: 4 - **Baths**: 3 - **Rooms**: 7 - **Sqft**: 900 sqft - **Stories**: 4 - **Year Built**: 2014 - **Price per Sqft**: $5,550 - **Monthly Taxes**: $1,149 / mo - **Listed On**: May 5, 2026 - **Days on Market**: 125 Days ### Residence Features - Central Air - Washer Hookup - In Unit - Assigned - Garage - Private Outdoor Space Over 60 Sqft - Smoke Free - Washer Dryer Allowed ### Building Amenities - Assigned - Garage ## Property Tax History Taxes at 173 WATER Street were $18,427 in 2026. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $300,600 | $189,660 | $110,940 | $91,744 | $18,427 | 20.085% (estimated) | | 2025 (FY 2025/26) | $345,120 | $189,660 | $155,460 | $91,744 | $18,427 | 20.085% (estimated) | | 2024 (FY 2024/25) | $329,940 | $189,660 | $140,280 | $91,055 | $18,288 | 20.085% | | 2023 (FY 2023/24) | $291,600 | $189,660 | $101,940 | $85,901 | $17,253 | 20.085% | | 2022 (FY 2022/23) | $268,860 | $189,660 | $79,200 | $81,040 | $16,458 | 20.309% | | 2021 (FY 2021/22) | $262,860 | $189,660 | $73,200 | $76,453 | $15,262 | 19.963% | | 2020 (FY 2020/21) | $290,760 | $189,660 | $101,100 | $76,453 | $16,090 | 21.045% | | 2019 (FY 2019/20) | $288,360 | $189,660 | $98,700 | $75,879 | $16,061 | 21.167% | | 2018 (FY 2018/19) | $71,584 | — | — | $71,584 | $14,975 | 20.919% | | 2017 (FY 2017/18) | $67,533 | — | — | $67,533 | $13,767 | 20.385% | | 2016 (FY 2016/17) | $63,711 | — | — | $63,711 | $12,736 | 19.991% | | 2015 (FY 2015/16) | $10,860 | — | — | $10,860 | $2,124 | 19.554% | | 2014 (FY 2014/15) | $18,450 | $18,450 | $0 | $12,744 | $1,362 | 10.684% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 3000300102. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 173 WATER Street DUMBO · Townhouse 173 WATER Street, Brooklyn, NY 11201 A Townhouse in DUMBO built in 2014. - **Year Built**: 2014 - **Total Units**: 1 - **Floors**: 4 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/173-water-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/173-water-street-ny-11201) | 4 | 3 | 900 sqft | $5,550 | $4,995,000 | Douglas Elliman Real Estate | May 5, 2026 | 125 days | ## Estimated Monthly Payment **$26,406 / month**, assuming a 20% down payment ($999,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $25,257 - **Property Taxes**: $1,149 Estimates only. Actual payments may vary. Confirm terms with your lender. ## DUMBO Overview of DUMBO [Explore DUMBO](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/dumbo) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby DUMBO - [Vinegar Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/vinegar-hill) - [Downtown Brooklyn real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/downtown-brooklyn) - [Brooklyn Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/brooklyn-heights) - [Two Bridges real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/two-bridges) - [Lower East Side real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lower-east-side) - [Navy Yard real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/navy-yard) - [Vinegar Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/vinegar-hill) - [Downtown Brooklyn real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/downtown-brooklyn) - [Brooklyn Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/brooklyn-heights) - [Two Bridges real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/two-bridges) - [Lower East Side real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lower-east-side) - [Navy Yard real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/navy-yard) ## Related Links - [173 WATER Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/173-water-street) - [DUMBO neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/dumbo) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.