25 Jay Street is a recently improved five-story, 34-unit mixed-use building located in the vibrant neighborhood of DUMBO, Brooklyn. The property features 5 commercial units, currently occupied by 2 retail tenants, alongside 29 residential units, which include 9 Interim Multiple Dwelling (IMD) tenants and 20 free-market units. With a total of approximately 47,000 gross square feet, the building also has the potential for an additional 15,000+ square feet in air rights, making it a notable opportunity for future development in a rapidly transforming area.
The building's location offers stunning views of Downtown Manhattan and is part of a neighborhood undergoing significant revitalization, with projects like the Brooklyn Bridge Park and the Brooklyn Tech Triangle enhancing the local landscape. Residents benefit from the proximity to these developments, as well as the cultural and recreational amenities that DUMBO has to offer.
While specific apartment features are not detailed, the building's mixed-use nature and the presence of both residential and commercial spaces suggest a dynamic living environment. The residential units vary in type, catering to a diverse range of tenants, from those seeking affordable housing options to those looking for free-market residences. The building's architecture and design reflect the industrial charm characteristic of the DUMBO area, appealing to those who appreciate a blend of modern living and historical context.