Printed from StreetEasy.com at 09:53 PM, Oct 31 2014

DUMBO

Located in DUMBO, Brooklyn

What's Close by?

DUMBO
$1,741 per ft² (avg.)
Downtown Brooklyn
$1,276 per ft² (avg.)
Brooklyn Heights
$1,646 per ft² (avg.)
Cobble Hill
$1,277 per ft² (avg.)
Boerum Hill
$967 per ft² (avg.)
Vinegar Hill
$1,269 per ft² (avg.)

Originally a manufacturing district, DUMBO has become one of the most artistic yet expensive neighborhoods in Brooklyn. “Down Under the Manhattan Bridge Overpass” constitutes the area from the Manhattan and Brooklyn Bridges to Vinegar Hill. Warehouse art galleries, converted lofts and luxury condo communities dominate DUMBO’s once inexpensive real estate. The neighborhood’s proximity to Manhattan and waterfront access attracted developers in recent decades, accelerating its gentrification process. However, there are still opportunities for improvement. In the wake of rapid residential development, DUMBO’s retail sector was left behind, and stores often close early. The neighborhood is quiet at night, except for the noise from the Manhattan Bridge overhead, leaving some residents wanting more for what they pay.

Photos in DUMBO

Availability & value

Prices displayed are median values

Condos Co-ops
Studios
1 Bed $1,200,000 7 listings $699,000 1 listings
2 Beds $2,125,000 13 listings $1,450,000 1 listings
3 Beds $4,000,000 9 listings $2,750,000 1 listings
3+ Beds $4,489,744 11 listings
New devs Rentals
Studios $3,202 4 listings
1 Bed $3,798 33 listings
2 Beds $5,450 28 listings
3 Beds $9,100 3 listings
3+ Beds

44 Listings For Sale

3 new listings, 3 sold this week

median: $3,285,000 | $1,633 per ft² | 2,161 ft²   View All Listings

85 Adams Street #5A
$1,050,000 for sale
2 beds2 baths1,169 ft²
Condo in DUMBO
1 Main Street #8K
$1,825,000 for sale
2 beds1.5 baths1,414 ft²
Condo in DUMBO
100 Jay Street #24B
$895,000 for sale
1 bed1 bath791 ft²
Condo in DUMBO
185 York Street #3A
$395,000 for sale
1 bed1 bath646 ft²
Condo in Vinegar Hill

67 Listings For Rent

6 new listings, 3 rented this week

median: $4,416 | $53 per ft² | 994 ft²   View All Listings

1 Main Street
$9,500 for rent
2 beds2.5 baths2,209 ft²
Condo in DUMBO
84 Front Street
$4,750 for rent
2 beds2 baths1,071 ft²
Condo in DUMBO
185 Plymouth Street
$16,500 for rent
3 beds2.5 baths2,156 ft²
Condo in DUMBO
79 Bridge Street
$5,400 for rent
2 beds2 baths1,384 ft²
Condo in Vinegar Hill

8 New Developments

median: $4,311,054 | $1,627 per ft² | 2,589 ft²   View All Listings

You might be interested in