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The Toy Factory Lofts

The Toy Factory Lofts

The Toy Factory Lofts
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

56 Units
8 Stories
1926 Year Built
$634K - $5.2M Value Range

Available Units

For Sale
For Rent

Highlights

  • Fitness Center
  • City View
  • Pre War Building
  • Resident Manager or Management On Site
  • Controlled Access
  • 5 min walk to McLaughlin Park

Sought-after loft-conversion condos in a former industrial space

When developers began to attract “Manhattan or nowhere” homebuyers to Brooklyn in the late 1990s and early 2000s, they saw the potential of converting pre-existing, well-constructed yet largely disused prewar industrial buildings into luxury residences. While much of this took place in the now upmarket Dumbo and Williamsburg neighborhoods, this adaptive reuse strategy did spill over into other areas like Downtown Brooklyn as well. One of the first loft-conversion projects of its kind in this neighborhood was The Toy Factory Lofts building. Tucked away in a surprisingly tranquil pocket near bucolic Fort Greene Park, this eight-story structure stands out with its playful aqua blue facade; an opportune descriptor when considering the building’s past glory as a toy factory. First erected in 1926, the facility was home to the Tudor Metal Products company, which produced iconic Depression-era games like the Budget Bank: a coin collector intended to inspire frugality.

Far less thrifty, however, the 2004 renovation of the building resulted in 56 residences, many with over 1,000-square-feet of space and priced well above the $1 million mark. These custom-outfitted homes feature oversized factory windows that frame surprisingly good views of the Lower Manhattan skyline. Sufficient building amenities are joined by a slew of area attractions and ample transit links. “People originally bought into the building because it was one of the first industrial conversions in Downtown Brooklyn, and I think, the space is still competitively priced,” says Candia Herman, an agent with Compass. “There are 11 subway lines that stop nearby, and for people who work in Manhattan, this combination is fantastic.”

Uniquely angular layouts, solid prewar construction and modern conveniences

One would imagine that the developer of a loft-conversion building would follow the rectilinear dimensions, oft-defined by internal load-bearing columns, when dividing out the respective residences. Not so at The Toy Factory Lofts. Here, an almost jigsaw puzzle-like spatial distribution imbues individual units with angular cutaways containing kitchens that position at 45-degree angles from the rest of the open concept spaces. This makes for unique and yes, playful perspectives but also clever programing when it comes to concealing bathrooms and closets. Like with any loft conversion building, the state of renovation varies greatly from unit to unit as previous owners have enacted their own visions in these ostensibly “blank canvas” residences. In some instances, noted architects have been called in to introduce unique built-ins that double as storage and room dividers. On the market for $1 million in fall 2024, unit 6A features curvilinear inserts and undulating bookshelves that separate more intimate alcoves from public areas throughout the 1,100-square-foot home. Conceived by Jeffrey Tras of Associated Fabrication, this scheme also carries across to the custom millwork kitchen, replete with stainless steel appliances and quartz countertops.

Across The Toy Factory Lofts, thick concrete slab construction clad in oak plank floors ensures optimal acoustic absorption while 11.5-foot ceilings anchor exposed ductwork, elements that harken back to the structure’s industrial origins. The entire building was outfitted with central air conditioning and heating as well as in-unit washer/dryers upon conversion. Prices more closely reflect what views are available, square footage and how recently appliances and finishes were updated. While studios have most recently sold for between $700,000 and $1 million, one and two bedrooms have fetched upwards of $1.4 million. Like the previous residents, new homeowners have close to free reign to make their own mark within the confines of their residences. A lot of the units here are sold quietly by agents and aren’t publicly listed that often.

A full but not exhaustive suite of amenities and trendy surroundings

The Toy Factory Lofts building is topped by a fully furnished roof deck with even better views. It also features a third-party operated subterranean garage and fully equipped basement level fitness center. There’s a sizable bike room, rentable storage units and a live-in resident manager. The condo’s best feature, however, is its central location but, as Herman notes, The Toy Factory Lofts condo remains less expensive than nearby Dumbo industrial conversion buildings simply because Downtown Brooklyn is still cheaper than some of its neighbors. Fort Greene Park and the many hip, owner-operated haunts that converge along a short stretch of DeKalb Avenue are in proximity, as is the Dumbo waterfront that leads into the recently revamped Brooklyn Bridge Park. Closest to The Toy Factory Lofts building, Vine Bar is a popular watering hole while Café Paulette serves up authentic French fare. Also housed in a converted factory, Vinegar Hill House is an ideal spot for large group dinners. A short stroll or drive, the Navy Yard incorporates a Wegmans supermarket. There’s also a Trader Joe’s on Flatbush Avenue. For commuters, the DeKalb Avenue subway station two blocks south is served by B and D and N, Q, R and W lines. Just a bit further west, the Jay Street-MetroTech station is served by the A and C and F. For residents that keep their cars downstairs and enjoy getting out of town from time to time, building-adjacent Prince Street leads directly onto the Brooklyn Queens Expressway.

Available Condos

Building Details

Recreation

  • Fitness Center

Amenities

  • City Views
  • Public Transportation
  • Package Room
  • Resident Manager or Management On Site
  • Controlled Access

Parking

  • Garage

Condo Association

  • $522 Monthly HOA Fees
  • Monthly HOA Fees Range from $490 - $522
  • Toy Factory Lofts Condos
  • Downtown Brooklyn Subdivision

Building Design

  • Pre War Building
  • High-Rise Condominium

Unit Features

  • Laundry in unit
  • Washer Hookup

Unit Information

Unit
2E
Beds
2 Beds
Baths
2 Baths
Sq Ft
1,160
Price
$1,250,000
Price / Sq Ft
$1,078 / Sq Ft
List Date
02/05/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
610 - 1,160
Est. Values
$634,866 - $5,196,640
1 Bedroom Units
Sq Ft Range
610 - 1,160
Est. Values
$634,387 - $1,226,596
2 Bedroom Units
Sq Ft Range
690 - 1,160
Est. Values
$728,192 - $1,206,871
All Units
Sq Ft Range
610 - 1,160
Est. Values
$634,387 - $5,196,640

Map

Area Factors

High Crime

Crime Score®

8 / 10

Biker's Paradise

Bike Score®

91 / 100

Walker's Paradise

Walk Score®

97 / 100

Rider's Paradise

Transit Score®

100 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Busy

Sound Score®

63 / 100

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Air Pollution®

N/A / 10

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Flood Factor®

N/A / 10

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Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$75K - $839K
Range of Taxes in Building
$5,214 - $85,381
Range of Taxes per Sq Ft
$7.56 - $19.43

Property Tax History

Source: Public Records

Building Website

Building Team

Property Management
The Toy Factory Lofts
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.