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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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.

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  1. Home
  2. Buy
  3. New York City
  4. Brooklyn
  5. 11201
  6. 205 Water Street #2-C
Property thumbnail
1 / 8
Condominium•Dumbo

205 Water Street #2-C, New York City, NY 11201

Listing Courtesy of R New York

$1,899,000

Potential Rebate: $28,485

Condominium
2 Beds
2 Baths
4 Rooms
1,286 sqft
Built 2011
9 Stories
1,477/ft²
Listed on Oct 2, 2025
85 days on market
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Overview

This rarely available 2-bedroom, 2-bath C Line apartment at 205 Water Street offers nearly 1,300 SF of luxury in one of Brooklyn’s most desirable neighborhoods. With a flexible layout that can easily be converted into a 3-bedroom unit, the home features a split-bedroom design for privacy and an open, airy flow. Upon entering, you are welcomed by a gracious foyer that leads into a loft-like great room with high ceilings and elegant 5 inch fumed white oak floors. Light streams through two enormous south-facing windows framed in sleek black metal, with double-layered insulated glass. These oversized windows provide not only energy efficiency but also a pin-drop quiet living experience.<br><br>The open living and dining areas flow seamlessly into the chef’s kitchen, which features luxurious polished Luce de Luna Quartzite countertops, a Thermador range, a 30? Sub-Zero refrigerator, wine refrigerator, a Bosch dishwasher and an Insinkerator garbage disposal. With abundant cabinet and counter space, this kitchen is perfect for both everyday living and hosting guests.<br><br>The primary bedroom suite is a peaceful retreat, with a large walk-in closet and an en-suite bathroom featuring Carrera marble countertops, Italian porcelain tiles, a rain shower, and a built-in linen closet. The second bedroom, equally spacious, also includes a generous walk-in closet. The second bathroom has just been renovated with sleek new terrazzo tiles throughout the bath area, offering a fresh and modern look. This bath features a deep soaking tub with a rain shower fixture, creating the perfect space for relaxation.<br><br>In addition to the stunning interior, the apartment includes a large laundry closet with a Bosch washer/ dryer and extra room for utilities. A multi-zoned NEST system ensures customized climate control throughout the apartment.<br><br>The seller is including in the sale, a deeded storage space, offering additional convenience and storage.<br><br>205 Water Street was completed in 2012 and is LEED Gold certified, reflecting its sustainable design. The building features exceptional amenities, including a full-time attended lobby, a live-in super, a fitness room with Peloton bikes and treadmills, bicycle storage, a children’s play area, and two beautifully landscaped outdoor spaces with a gas grill and lounge seating.<br><br>Perfectly situated in the quiet part of DUMBO, this home is just two blocks from the F train at York Street, easily accessible to the A/C at High Street, and within walking distance to the iconic Brooklyn Bridge Park and waterfront. Enjoy easy access to the area’s finest restaurants, galleries, Empire Stores, Time Out Market, Lifetime fitness centre and DUMBO House.<br><br>A deeded parking space equipped for electric vehicle charging is available for separate purchase.

Home Features

  • •Central Air
  • •Building Washer Dryer Install Allowed
  • •In Unit
  • •Building Storage
  • •Building Courtyard
  • •Building Garden
  • •Balcony
  • •Building Roof Deck

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Listings

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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.

The Real Estate Rebate Team

Listing Courtesy of R New York

Data Source: TRESTLE #RLS20052801

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DUMBO

Overview of DUMBO

DUMBO (Down Under the Manhattan Bridge Overpass) is iconic. For buyers seeking DUMBO real estate, it is luxury lofts.

Living in DUMBO is cinematic. As a Brooklyn NYC neighborhood, it is tech-forward.

Real Estate

Homes for sale in DUMBO are expensive lofts.

Lifestyle

The lifestyle is high-end and touristy.

Transportation

F/A/C trains and Ferry.

Amenities

Brooklyn Bridge Park.

Best For

Luxury seekers.

DUMBO GuideAll Neighborhoods
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Estimated Monthly Payment

$12,314 per month

30 year fixed, 6.28% Interest

Principal and Interest
$9,384
Property Taxes
$955
Maintenance/Common Charges
$1,975

Estimated Rebate for this Home

One-time rebate at closing

$28,485

Monthly savings impact

$79/mo

💡 Estimated at 1.5% of purchase price

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).

Price Analysis

Compare average listing prices and value metrics for 205 Water Street against the surrounding DUMBO market.

Based on 1 active units in building vs 29 in area

Average List Price

Building$1.9M
Neighborhood$2.5M

Price Per SqFt

Building Avg$1,477/ft²
Neighborhood Avg$1,570/ft²
Value Opportunity

5.96% Lower

than the DUMBO price-per-sq-ft average

Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.