51 Jay Street #5J, New York City, NY 11201
Listing Courtesy of Compass
$2,417,000
Potential Rebate: $36,255
Overview
Industrial Heritage meets Modern Luxury at 51 Jay Street
Discover Residence 5J in one of DUMBO’s most significant conversions. This Landmark-protected "Daylight Factory," reimagined by ODA New York, is a light-filled sanctuary. This expansive three-bedroom, three-and-a-half-bath home offers three exposures and soaring ceilings, perfectly marrying industrial grandeur with contemporary design.
Oversized casement windows overlook the award-winning Steven Yavanian courtyard garden, creating a pin-drop environment in the heart of vibrant DUMBO. The sophisticated interiors boast fumed oak herringbone floors and an open chef’s kitchen that is both stylish and highly functional, featuring La Rochelle Gris marble countertops, sleek Aster Cucine cabinetry, and a premium Gaggenau appliance package. For guests, there is a convenient marble powder room. The home also includes central heating and cooling and a washer/dryer in unit.
The king-sized primary suite is a serene retreat, offering a custom walk-in closet and a luxurious ensuite bath adorned with marble, lacquered cabinetry, and distinctive copper accents. Two additional bedrooms each function as true suites, featuring their own ensuite marble baths and generous closet space. The property also benefits from a tax abatement in place through 2033.
A full-service, white-glove experience awaits, including a dramatic double-height attended lobby, a full fitness center, and an impressive landscaped rooftop terrace offering an outdoor kitchen, fireplace, and spectacular Manhattan skyline views.
Contracts signed by Christmas will include 3 years of LifeTime Fitness membership for two. This signature membership grants complete access to the 77,000-square-foot Life Time Athletic Resort in DUMBO, featuring a 25-yard indoor lap pool, NBA-regulation basketball court, and a full-service LifeSpa.
Located by the waterfront and world-class dining, 51 Jay Street is where Brooklyn history meets elevated living. Schedule your private viewing today!
Home Features
- •Central Air
- •Building Washer Dryer Install Allowed
- •Common On Floor
- •Common Area
- •In Unit
- •Built-in Features
- •Double Vanity
- •High Ceilings
Estimated Monthly Payment
$15,770 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$36,255
Monthly savings impact
$101/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).
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Why Buy With Us
Rebates Up To
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25+ Years
Experience
REBNY & NAR
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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 Compass
Data Source: TRESTLE #RLS20057806
Price Analysis
Compare average listing prices and value metrics for 51 Jay Street against the surrounding DUMBO market.
Average List Price
Price Per SqFt
8.01% Higher
than the DUMBO price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within DUMBO.
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.
