$1,945,156Average Value$1,649Average Price per Sq Ft63Homes For Sale
Brooklyn neighborhood blends established industrial vibe with refreshed feel
DUMBO — an acronym for Down Under the Manhattan Bridge Overpass — is a trendy Brooklyn neighborhood known for its cobblestone streets and beautiful waterfront views of the Manhattan and Brooklyn Bridges. A mix of redbrick buildings and the scenic backdrop of the Manhattan Bridge makes the corner of Washington and Water Streets a hotspot for tourists and locals to capture photos. Situated along the East River near Vinegar Hill and Downtown Brooklyn, the formerly industrial area has seen luxury condo buildings rise between warehouses-turned-lofts. “It’s this interesting mix of old industrial conversions and ground-up high-rise buildings,” says Jennifer Lee, a licensed associate real estate broker with SERHANT LLC who lives near the DUMBO border in Brooklyn Heights. “There’s a huge draw because you’re on the water, with easy access to downtown Manhattan.”
One of the most photographed spots in Brooklyn
View of the Manhattan Bridge
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Luxury condo towers and historic conversions
The neighborhood is characterized by reimagined buildings that were once industrial spaces. “There used to be a lot of warehouses and print factories from the early 1900s. When they re-zoned DUMBO, they became condo conversion projects,” Lee says. A two-bedroom condo in a converted warehouse goes for around $2.25 million. A one-bedroom in the restored 1916 Clock Tower Condominium at 1 Main Street costs between $1.6 and $2.1 million. The sale of air rights gave property owners the ability to extend their properties upward, allowing for larger luxury condo towers. One such tower is the curved 33-story Olympia at 30 Front Street, where a three-bedroom runs $5 million to more than $6.5 million, and the 21-story Front and York at 85 Jay Street, where a two-bedroom costs between $1.8 and $2.3 million. The preservation of historic buildings has been an ongoing topic, with loft laws put in place to protect certain structures. With the sale of air rights, taller towers, like 69 Adams, continue to rise.
The commercial building 10 Jay Street
The Olympia condo tower
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Stylish dining options and local stores along the waterfront
Shops and restaurants cluster within Empire Stores along Water Street, a brick warehouse-turned-shopping mall. Upscale Italian fare and open waterfront views are hallmarks of Cecconi’s Dumbo. Other stylish eateries like Em Vietnamese Bistro and casual options like Thai Sidewalk sit near Front Street. The multi-story Time Out Market also houses at least two dozen bars and restaurants, and hosts annual and regularly recurring cultural events, including holiday markets and weekly jazz performances. Local retail spots like The Powerhouse Arena bookstore and vintage clothing store 2nd Street Dumbo are tucked next to art and photography galleries. On Jay Street, small markets like Bridge Fresh and Wholesome Farms Market offer groceries. Additional supermarkets include Dumbo Market and Peas & Pickles.
Wholesome Farms Market is a busy shop for groceries
Diners enjoy Em Vietnamese Bistro
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Recreation and events at the riverside Brooklyn Bridge Park
Brooklyn Bridge Park stretches 85 acres along the riverside, providing ample space for both passive and active recreation. The Empire Fulton Ferry Lawn on the park’s north side offers incredible views of the Brooklyn Bridge and Lower Manhattan, and is also the home of Jane’s Carousel, a grand 1922 children’s ride that has been expertly restored. Pebble Beach and its scenic riverside vistas are another attraction of the Brooklyn Bridge Park. The park continues southwest of the neighborhood and provides spaces for a wide range of activities, including fishing, pickleball, rock climbing, roller skating and kayaking. Throughout the year, Brooklyn Bridge Park hosts numerous diverse events. Free outdoor fitness, yoga and dance classes are on the schedule during the summer and fall. In May and June, the Kite Festival and Brass Bands Festival bring families to the park.
Brooklyn Bridge Park has an indoor park with swing sets
Jane's Carousel is located in the park
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Access to highly-rated public schools
Students in DUMBO may attend schools within the New York City School District No. 13. The A-rated P.S. 8 The Emily Warren Roebling School serves kindergarten through sixth grade and is in the top 6% of elementary schools in New York City. The Dock Street School for STEAM Studies serves grades six through eight and has an A-minus rating from Niche. High School students can apply to attend the highly regarded Brooklyn Technical High School, which Niche gives an A-plus and rates as No. 4 on the list of standout high schools in America.
Dock Street School for STEM Studies
PS8 The Emily Warren Roebling School
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Two ferry routes, plus the F train
The F train subway stop can be found at York Street. The DUMBO/Fulton Ferry stop services two routes that access North and South Brooklyn, Midtown and Wall Street. Drivers can utilize the Manhattan and Brooklyn Bridges to get into Lower Manhattan, and the Brooklyn-Queens Expressway to get to LaGuardia Airport.
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
Are you familiar with the DUMBO neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
DUMBO
US
Homicide
2
4
Sexual Assault
3
4
Assault with Weapon
2
4
Robbery
4
4
Burglary
3
4
Motor Vehicle Theft
2
4
Larceny
4
4
Crime Score
3
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in DUMBO, Brooklyn sell after 132 days on the market compared to the national average of 47 days. The average sale price for homes in DUMBO, Brooklyn over the last 12 months is $2,426,376, down 43% from the average home sale price over the previous 12 months.
Stunning Loft-like Four-Bed, Three Full Bath in the Heart of DUMBODiscover a unique opportunity to own an expansive four-bedroom residence in the vibrant DUMBO neighborhood of Brooklyn. Nestled at 57 Front Street, this remarkable home masterfully blends classic industrial design with modern comforts, offering an expansive living space perfect for both everyday relaxation and impressive
THE ONLY 4 BEDROOM PENTHOUSE WITH A LANDSCAPED PRIVATE TERRACE IN DUMBO UNDER $4 MILLION! DEEDED PARKING INCLUDED. GET READY T0 FEEL THE "WOW FACTOR".THE PINNACLE OF CONTEMPORARY URBAN LIVING, this ultra-stylish, serene, turn-key and sun splashed 4-bedroom, 3.5-bathroom residence is situated on Front Street in the vibrant heart of DUMBO. Set within a luxurious full-service, fully amenitized
Welcome to apartment 9D, a stunning loft that seamlessly combines chic urban living with classic industrial design. Located in The Sweeney Building, DUMBO's premier pre-war condominium, this residence features a solid concrete structure that provides whisper quiet living. With generous proportions, soaring beamed ceilings, and thoughtful upgrades 9D epitomizes loft living. The spacious
Perched atop one of DUMBO's most iconic buildings, this extraordinary penthouse spans the entire top floor and offers over 3,000 square feet of meticulously designed interior space, paired with breathtaking 360-degree views of the East River, Manhattan Bridge, and Lower Manhattan skyline. With three spacious bedrooms, two-and-a-half bathrooms, soaring 11-foot ceilings, and two private outdoor
Welcome to 501 at 50 Bridge Street, a charming pre-war condominium and the former Kirkman & Son Soap Company. Factory This sun-drenched, open-layout unit spans a generous 1,044 square feet and boasts the delightful combination of modern conveniences and timeless character. Nestled high on the 5th floor, the apartment welcomes you with its soaring high ceilings and iconic exposed brick that
Discover the epitome of modern luxury in this breathtaking loft-style apartment for sale in the vibrant Dumbo neighborhood of Brooklyn, reimagined by renowned architect David Hotson. This prime location offers unparalleled views of the iconic Manhattan Bridge.This stunning three-bedroom, three and a half bathroom home is making its debut on the market, designed with an entertainer's flair. It has
Virtual Tour: Available immediately, this stunning 750 sq. ft. 1-bedroom, 1-bathroom condo with a sprawling 550 sq. ft. terrace offers the ultimate in DUMBO living. Designed by renowned architect Andres Escobar, this residence provides both style and comfort, with views overlooking Pearl and Front Street.The apartment features a stainless steel chef's kitchen with granite
Wonderful 2 Bedroom home with 2 Full Baths and large private outdoor space, located in DUMBO. This home checks all the boxes over 500 sq ft of outdoor space, a comfortable living room, with large open kitchen, antique-style wood flooring throughout, a state of the art kitchen, with stainless steel appliances, Caesarstone countertops and sleek hi-gloss cabinetry providing you with ample storage.
Leasing Office 181 Front StreetBrown Harris Stevens Development Marketing LLC
Experience the largest FLEX 2-bedroom layout at 98 Front, where all amenities are included in the rent. Enjoy state-of-the-art facilities such as a gym, pool, sauna, steam room, co-working space, and a stunning rooftop. These thoughtfully crafted homes offer a serene escape from the hustle and bustle, blending comfort and luxury seamlessly. The spacious great room serves as the heart of the home,
Interested in learning more about homes in this neighborhood?
Reach out to
Haakim Byrd,
an experienced agent in this area.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
6,757
Median Age
38
Population Density
119 ppl/acre
Population under 18
24.8%
On par with the national average
23.8%
Population over 65
6.1%
Below the national average
19.1%
Finances
Median Household Income
$232,441
Significantly above the national average
$71,702
Average Household Income
$234,459
Education and Workforce
High School Graduates
98.6%
College Graduates
93.1%
Significantly above the national average
34.1%
Advanced Degrees
47.6%
Significantly above the national average
13.3%
% Population in Labor Force
90.9%
Weather
Annual Precipitation
50''
Average Winter Low Temperature
28°F
Average Summer High Temperature
85°F
Annual Snowfall
2''
Area Factors
Very Bikeable
Bike Score®
84/ 100
Walker's Paradise
Walk Score®
99/ 100
Rider's Paradise
Transit Score®
100/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
