--- title: "51 JAY Street #5H, New York City, NY 11201" description: "51 JAY Street #5H, New York City, NY 11201 — DUMBO, New York City, NY. Listing Price $975,000. Studio bed, 1 bath Illustrative Buyer Commission Share of $14,625 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/51-jay-street-5h-ny-11201" source: "Real Estate Rebate Team" dateModified: "2026-09-28T19:33:57.476Z" status: "Active" --- # 51 JAY Street #5H, New York City, NY 11201 DUMBO, New York City, NY Courtesy of Serhant Last updated: September 28, 2026, 3:33 PM ## At a Glance - **Listing Price**: $975,000 - **Beds**: Studio - **Baths**: 1 - **Common Charges**: $749 / mo - **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**: $975,000 - **Illustrative Buyer Commission Share**: -$14,625* - **Illustrative Net Cost**: $960,375 *Illustrative Buyer Savings of $14,625 — 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 (10) ![51 JAY Street #5H, New York City, NY 11201 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1ca2090f-658f-417d-bbbe-3cb79684fa72.jpg) ![51 JAY Street #5H, New York City, NY 11201 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d78f1b2a-fcb0-4523-a687-060d98f079f4.jpg) ![51 JAY Street #5H, New York City, NY 11201 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ae5ca069-268d-4014-95f9-0923d974244f.jpg) ![51 JAY Street #5H, New York City, NY 11201 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c69d11f7-f29b-47a8-88d2-45b1b4ae2461.jpg) ![51 JAY Street #5H, New York City, NY 11201 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/05714e4e-20d7-4ee6-a040-d28215d50424.jpg) ![51 JAY Street #5H, New York City, NY 11201 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dca07f91-e0ae-4629-9447-45bf3a60bf71.jpg) ![51 JAY Street #5H, New York City, NY 11201 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e5d9633d-bed7-42b1-b354-bce7c96fd652.jpg) ![51 JAY Street #5H, New York City, NY 11201 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4b53ee6a-e9c5-47f6-9b19-97e739b0b60c.jpg) ![51 JAY Street #5H, New York City, NY 11201 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d275e6a0-94f2-4c57-b622-6d9c7f8edcc1.jpg) ![51 JAY Street #5H, New York City, NY 11201 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e2e167d7-1ac5-48db-bfaf-f15ab677569d.jpg) ## Property Overview LIMITED-TIME FINANCING INCENTIVE! INQUIRE ABOUT A POTENTIAL SELLER CONCESSION TO BUY DOWN YOUR MORTGAGE RATE AND LOWER YOUR MONTHLY PAYMENT. CONTRACT MUST BE SIGNED BY OCTOBER 9, 2026. ASK FOR DETAILS TODAY! SUBJECT TO LENDER APPROVAL. OPEN HOUSES AND PRIVATE VIEWINGS BY APPOINTMENT ONLY- CO BROKERS WELCOME SOUTHERN EXPOSURE OVERSIZED DUMBO LOFT CUSTOM SLEEPING ALCOVE SOARING CEILINGS PARKING AVAILABLE TAX ABATEMENT WASHER AND DRYER OPEN HOUSES AND PRIVATE VIEWINGS BY APPOINTMENT ONLY Co Brokers Welcome AUTHENTIC DUMBO LOFT LIVING Welcome to 51 Jay Street, one of DUMBO's most coveted full service condominiums. Bathed in beautiful southern light, this exceptionally spacious 664 square foot loft style unit offers the scale and functionality of a Junior 1 Bedroom while preserving the openness and character of a true DUMBO loft. A wall of oversized casement windows fills the residence with natural light, while soaring ceilings and solid oak herringbone floors enhance the home's impressive sense of scale and authentic industrial character. The thoughtfully customized sleeping alcove creates a dedicated sleeping area with natural separation from the main living space. The generous layout easily accommodates distinct living, dining, and work from home areas while maintaining an open and airy flow. The oversized chef's kitchen features custom Aster Cucine cabinetry, La Rochelle Gris marble slab countertops, and premium Gaggenau appliances, including a paneled dishwasher and wine refrigerator. A Bosch washer and dryer is conveniently concealed within the residence. The spa like bathroom is finished in elegant marble and features generous storage and a deep soaking tub. 51 JAY STREET AUTHENTIC DUMBO HISTORY Designed by acclaimed architecture firm ODA, 51 Jay Street is the remarkable adaptive reuse of a landmark protected 1910 "daylight factory," thoughtfully transformed into 75 luxury condominium residences. The building's industrial origins can still be felt throughout its expansive windows, soaring proportions, and distinctive warehouse architecture, beautifully preserved and reimagined for contemporary living. EXCEPTIONAL AMENITIES 51 Jay Street offers an impressive collection of amenities, including: 24 hour concierge Fitness center and yoga room Children's playroom Residents' lounge Two rooftop terraces Landscaped central courtyard reserved for first floor residences Pet washroom Bicycle storage Cold storage Garage parking available THE HEART OF DUMBO Step outside 51 Jay Street and you are immediately immersed in one of New York City's most iconic streetscapes, surrounded by DUMBO's historic warehouse architecture, cobblestone streets, and dramatic views of the Manhattan Bridge. Brooklyn Bridge Park, Washington Street, Jane's Carousel, St. Ann's Warehouse, Empire Stores, Time Out Market, waterfront dining, acclaimed restaurants, cafés, boutiques, and galleries are all moments away. Convenient access to the F train at York Street, the A and C trains at High Street, and East River Ferry service provides excellent connectivity to Manhattan and throughout Brooklyn. With its coveted southern exposure, unusually generous proportions, custom sleeping alcove, authentic loft character, designer finishes, and tax abatement through 2032, this is a rare opportunity to own a truly special home at 51 Jay Street. ## Property Details - **Property Type**: Loft - **Baths**: 1 - **Rooms**: 3 - **Stories**: 6 - **Year Built**: 1905 - **Common Charges**: $749 / Monthly - **Listed On**: Sep 8, 2026 - **Days on Market**: 22 Days ### Residence Features - Building Other - In Unit - Assigned - Garage - Building Roof Deck - Private Outdoor Space Under 60 Sqft - City Lights - River ### Building Amenities - Assigned - Garage ## Estimated Monthly Payment **$5,679 / month**, assuming a 20% down payment ($195,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $4,930 - **Common Charges**: $749 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 15 apartments at 51 Jay Street have recorded sales since September 2021, the most recent for $1,225,000 in August 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | [5K](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/51-jay-street-k-5K-ny-11201) (Apartment) | 1 | 894 | $1,225,000 | $1,370/ft² | August 25, 2026 | MLS | | PHB (Apartment) | 4 | 2,973 | $5,650,000 | $1,900/ft² | March 18, 2026 | City record · MLS | | 5J (Apartment) | 3 | 1,757 | $2,365,000 | $1,346/ft² | February 25, 2026 | City record · MLS | | 3D (Apartment) | 2 | 1,382 | $1,848,500 | $1,338/ft² | December 19, 2025 | City record · MLS | | 5D (Apartment) | 2 | 1,382 | $1,830,000 | $1,324/ft² | October 29, 2025 | City record · MLS | | 4/L (Apartment) | 2 | 1,287 | $1,649,000 | $1,281/ft² | September 12, 2025 | City record · MLS | | 4S (Apartment) | Studio | 665 | $995,000 | $1,496/ft² | June 26, 2025 | MLS | | 4H (Apartment) | Studio | 623 | $935,300 | $1,501/ft² | June 17, 2025 | City record | | 1R (Apartment) | 3 | 2,421 | $3,250,000 | $1,342/ft² | October 16, 2024 | City record · MLS | | 4O (Apartment) | 3 | 1,664 | $2,100,000 | $1,262/ft² | October 3, 2024 | City record · MLS | | 2A (Apartment) | 2 | 1,433 | $2,250,000 | $1,570/ft² | October 26, 2023 | City record | | 4M (Apartment) | 2 | 1,395 | $1,950,000 | $1,398/ft² | May 24, 2023 | City record · MLS | | 5H (Apartment) | 1 | 664 | $1,040,000 | $1,566/ft² | May 17, 2022 | City record · MLS | | 3-N (Apartment) | 1 | 866 | $1,265,000 | $1,461/ft² | February 4, 2022 | City record · MLS | | PHE (Apartment) | 4 | 3,016 | $5,500,887 | $1,824/ft² | October 25, 2021 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares - **This home**: $975,000 - **Median sold price**: $1,797,500 - **Difference**: -$822,500 (-45.8%) - **Median $/ft²**: $1,559 - **Comparable sales**: 14 - **Sales from**: December 2024 – May 2026 - **Middle half of those sales**: $1,274,062 – $2,256,250 Based on condo studio sales in DUMBO. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from DUMBO instead. ### How these sales were negotiated - **Typical time to find a buyer**: 59 days (3 sales) - **Typical time to close**: 56 days (3 sales) Based on condo studio sales in DUMBO with the required listing and closing data. Sample sizes vary by metric. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. ### Price trend Median price per square foot, sales at 51 Jay Street | Year | Median $/ft² | Sales | | --- | --- | --- | | 2017 | $1,569/ft² | 47 | | 2018 | $1,441/ft² | 9 | | 2019 | $1,521/ft² | 9 | | 2021 | $1,467/ft² | 4 (thin) | | 2025 | $1,331/ft² | 4 (thin) | Based on recorded sales at 51 Jay Street. Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning. Sales data through August 2026. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 51 Jay Street](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/51-jay-street) ## Price and Property History for 51 JAY Street, Unit 5H Review the recorded listing activity for 51 JAY Street, Unit 5H, including asking-price changes and prior market dates. - **Last sold (recorded)**: $1,040,000 on May 17, 2022 | Date | Price | Listing event | | --- | --- | --- | | September 8, 2026 | $975,000 | Listed for sale by Serhant | | May 17, 2022 | $1,040,000 | Sold — recorded sale price | | March 8, 2022 | $1,040,000 | Entered contract | | November 2, 2021 | $1,040,000 | Asking price reduced by $35,000, or 3.3% | | October 6, 2021 | $1,075,000 | Listed for sale by Sotheby's International Realty, Inc. | | August 7, 2017 | $965,000 | Sold | | January 13, 2015 | $965,000 | Listed for sale by Halstead dba Brown Harris Stevens Residential Sales LLC | ## Property Tax History Taxes at 51 JAY Street #5H were $1,035 in 2026. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $100,956 | $2,949 | $98,007 | $100,956 | $1,035 | 12.5% (estimated) | | 2025 (FY 2025/26) | $99,567 | $2,949 | $96,618 | $99,567 | $1,035 | 12.5% (estimated) | | 2024 (FY 2024/25) | $95,901 | $2,949 | $92,952 | $95,901 | $1,035 | 12.5% | | 2023 (FY 2023/24) | $85,696 | $2,949 | $82,747 | $85,696 | $1,035 | 12.502% | | 2022 (FY 2022/23) | $72,280 | $2,949 | $69,331 | $72,280 | $1,016 | 12.267% | | 2021 (FY 2021/22) | $62,048 | $2,949 | $59,099 | $62,048 | $1,013 | 12.235% | | 2020 | The City did not publish assessment data for this year. | — | — | — | — | — | | 2019 | The City did not publish assessment data for this year. | — | — | — | — | — | | 2018 (FY 2018/19) | $53,240 | $2,949 | $50,291 | $50,499 | $1,044 | 12.612% | | 2017 (FY 2017/18) | $19,604 | $2,949 | $16,655 | $15,491 | $1,053 | 12.719% | 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 3000311461. 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 ### 51 Jay Street DUMBO · Condominium 51 Jay Street, Brooklyn, NY 11201 A building in DUMBO, currently featuring 4 active listings. - **Year Built**: 1905 - **Active Units**: 4 - **Floors**: 6 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/51-jay-street) ### Available Residences — For Sale (4) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [5H](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/51-jay-street-5h-ny-11201) | Studio | 1 | — | — | $975,000 | Serhant | Sep 8, 2026 | 21 days | | [3E](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/51-jay-street-e-3E-ny-11201) | 2 | 3 | 1,382 sqft | $1,302 | $1,799,000 (-3.8%) | Brown Harris Stevens Brooklyn LLC | May 6, 2026 | 146 days | | [5M](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/51-jay-street-5m-ny-11201) | 2 | 3 | 1,395 sqft | $1,272 | $1,775,000 | Douglas Elliman Real Estate | Sep 8, 2026 | 21 days | | [1A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/51-jay-street-1a-ny-11201) | 2 | 3 | 1,391 sqft | $1,362 | $1,895,000 | Serhant | Sep 15, 2026 | 14 days | ## 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) ## Related Links - [51 Jay Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/51-jay-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.