Description
***Secure, Turnkey Income with Upside in Prime DUMBO*** Currently leased at $13,500/month through next August, this stunning 4-bed, 3-bath, 2,285 sq ft loft condo delivers immediate cash flow and strong upside potential. Offered at $2,195,000 ($961/sq ft), the property achieves a 5% cap rate—a rare find in Brooklyn’s high-demand market. Exceptional triple exposure floods the space with natural light, while 10’ ceilings and oversized windows frame views of the East River and Manhattan skyline. Thoughtfully designed with a chef’s kitchen, two deep-soaking tubs, and in-unit washer/dryer, the residence blends industrial allure with modern luxury. Building amenities include a part-time doorman, fitness center, rooftop terrace, and storage cage—appealing to premium tenants. Located steps from Brooklyn Bridge Park, top dining, F/A/C trains, and NYC Ferry, this asset offers both an exceptional living experience and a compelling investment narrative. Listing courtesy of Compass
Property Details
- Condo
Amenities
- Building: Elevators
- Interior: Wet Bar, Entrance Foyer, High Ceilings, Recessed Lighting, Soaking Tub, Bar, Walk In Closets
- Appliances: Dishwasher, Stainless Steel Appliances
- Cooling: Central Air
- Exterior: Juliet Balcony, Private Outdoor Space Under60 Sqft
- Attendance: Doorman Part Time
- Laundry: Common On Floor, Common Area, In Unit
- Pets: Building Yes, Cats O K, Dogs O K
- Elevators: 1
The Neighborhood
DUMBO (short for Down Under the Manhattan Bridge Overpass) was once an industrial area and has since become one of the borough’s toniest neighborhoods.
Its late 19th-century warehouses have been converted into luxury condominiums that line the cobblestone streets along with opulent new developments and amenity-filled rental buildings. Outdoor activities are made easy in the award-winning Brooklyn Bridge Park where kayaking, “rock” climbing, and soccer are just a few of the many offerings. If you’re feeling lazy, take a ride on Jane’s historical carousel or grab an ice cream at the Brooklyn ... read more
For information on 57 Front Street, #303 contact:
Founder, Principal Broker
212-388-1115
Founder, Principal Broker
listings@lohorealty.com
212-388-1115
