205 Water

205 Water is a condo located 205 Water Street, in DUMBO, Brooklyn. The building was first built in 2010 and is 14 years old. The lot that the building was built on is 90 feet wide and 200 feet long. The official lot area is listed as 21,740 square feet. The building itself is 115 feet wide and 200 feet long. In total, 205 Water Street has a total floor area of 82,761 square feet. Of that, 70,784 square feet are used for residential purposes. About 11,977 square feet of the building are used for commercial purposes. Additionally, the building has a 11,020 square feet garage. There are a total of 179 units. Of those, 65 are residential units. There are 114 commercial units. 205 Water Street has a total of 9 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. Better yet, washer and dryers are allowed in each unit. For those who love to work out, there is a fitness center. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Alternatively, take a stroll around the building's courtyard. Residents who own pets will be happy to hear that the building is pet-friendly. There are 129 closings on record, of which we have matching data for 38 listings. In the past 3 years, a listing in this building will typically remain on the market for about 153 days and tend to sell below the original asking price of $1,750,000 by 2.69%. Meaning, listings tend to sell at a median of $1,417 price per square foot. The transaction that took the longest to complete was unit 4C, listed on May 27, 2020 for $2,100,000. This particular unit ultimately sold 286 days later for $1,800,000. The most recent transaction was for unit 6M, sold for $0 on Sep 06, 2023. Fun fact, the oldest transaction we have on record took place on Mar 03, 1970. See the full transaction history for 205 Water below.

DUMBO, where 205 Water Street is located, has a median asking price of $1,595,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,750,000. For interested buyers, that means the building's median asking price is around 1.08% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

There are currently 3 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $3,795,000. It is a 1,866 sqft 3 bedroom and 3 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $1,750,000. It is a 2 bedroom and 2 bathroom unit. A breakdown of active listings shows no studio, no one-bedroom, 1 two-bedroom, 2 three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $3,795,000. Collectively, the median square footage of these active units for sale is 1,866 sqft. Active units for sale at 205 Water Street are mostly 3-bedroom apartments Active units for sale at 205 Water Street have a median count of 3 bedrooms and have a median count of 3 bathrooms.