3/16/2023 0 Comments Dumbo park brooklyn405 | A two-bedroom, one-bathroom condo, in a building with a part-time doorman, listed for $1.085 million. “Prices may have not increased much, but they haven’t fallen a lot either,” said Julie Leedes Bienstock, a Halstead saleswoman who bought a three-bedroom with water views - her second home in Dumbo - in 2017 for $2.8 million, the same price that the seller paid in 2015.ĥ7 FRONT STREET, No. Boroughwide, the average home sale price is $987,000, according to Stribling and Associates, while Dumbo’s average seems more on par with Manhattan’s, at around $2 million. In 2017, 135 condos sold in Dumbo for an average of $2.15 million, according to information from StreetEasy in 2018, just 63 condos sold, for an average of $1.98 million.īut the prices are still elevated. The least expensive was a studio with a washer and dryer for $825,000.īut as in the rest of the borough, the market has swooned. The most expensive was a three-bedroom, three-and-a-half-bathroom penthouse for $9.75 million - Brooklyn’s third-priciest apartment. In early January, 25 condos and co-ops were listed at an average of $2.59 million, according to StreetEasy. 2B | A four-bedroom, three-and-a-half bathroom duplex condo with 11-foot ceilings and a laundry room, in a doorman building, listed for $3.2 million. “It’s just crazy beautiful.”ģ0 MAIN STREET, No. Harris of her regular three-mile jogs through the park, to Cobble Hill and back. “I’m nowhere near a car when I go running there,” said Ms. The busy section that threads through Dumbo includes a salt marsh, pine trees, a pebbly beach, a playground and a climbing wall, and a 48-horse, two-chariot carousel that revolves to bouncy organ music (tickets: $2). Harris said, is something much newer: Brooklyn Bridge Park. While Dumbo has a preserved-in-amber feeling - most buildings have landmark status, courtesy of two historic districts - what really helps set the place apart, Ms. The apartment, which her partner, Ray Dorado, an attorney, bought in 2011 for about $1.5 million, might today fetch $2.2 million, based on local sales, she said. Harris left Dumbo for a few years, then made her way back in 2015, to a two-bedroom, two-bathroom condo in a 1908 building where teakettles once were manufactured. In 2005, in search of more space for her family, she relocated from neighboring Brooklyn Heights, buying a three-bedroom duplex in a onetime soap factory for $930,000. Harris, 52, said she had to close her 11-year-old studio in 2017 because the rent had more than doubled. “Man, has it changed a lot here,” said Lawson Harris, a Pilates instructor who lives in the neighborhood. Metal shutters frame its arched windows, and nicked wood columns support the interior. In 2016, after an elegant restoration, a coffee warehouse that had been vacant since the 1960s became Empire Stores, a shopping mall, though not the typical suburban variety. Other arrivals have filled buildings that sat empty for decades.
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