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A blog from CityRealty (Links below will take you to the 6sqft site)

70 Washington Street

Between Front Street & York Street

Key Details

  • Year Built 1911
    Converted Year 2005
    Building Type Condominium
    Neighborhood DUMBO
  • Total Apartments 225
    Total Floors 12
Avg. Price / ft2
$55
Avg. Price / ft2
Avg. Price / ft2

Description

70 Washington Street was built as a 12-story industrial building in 1911 and converted to condos in 2005. All 225 loft-like units enjoy high ceilings, oversized windows, and high-end appliances and fixtures that include in-unit washer/dryers. Residential amenities include 24-hour concierge service, a package room, a gym, and a large roof deck. It is located in the DUMBO Historic District and in excellent proximity to Brooklyn Bridge Park, popular local boutiques and restaurants, and many transportation options.

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Building Amenities

  • Concierge
  • High-Rise
  • Pre War
  • Central AC
  • Health Club
  • Rooftop Terrace
  • Elevator

Apartments for Sale at 70 Washington Street (14)

14
Available Apts
$875K - $4M
Price Range
$1,268
Avg. Price / ft2
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Apartments for Rent at 70 Washington Street (8)

8
Available Apts
$3,150
Prices Start At
$55
Avg. Price / ft2
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Rating

24
Out of 44

Architecture Rating: 24 / 44

+
28
Out of 36

Location Rating: 28 / 36

+
15
Out of 39

Features Rating: 15 / 39

+
9
=
76

CityRealty Rating Reference

 
Architecture
  • 30+ remarkable
  • 20-29 distinguished
  • 11-19 average
  • < 11 below average
 
Location
  • 27+ remarkable
  • 18-26 distinguished
  • 9-17 average
  • < 9 below average
 
Features
  • 22+ remarkable
  • 16-21 distinguished
  • 9-15 average
  • < 9 below average
  • #7 Rated condo - DUMBO
 

Carter Horsley's Review

Carter Horsley's Building Review
"After converting the Clock Tower Building and the Sweeney Building in Dumbo (Down Under the Manhattan Bridge Overpass) in Brooklyn, David and Jed Walentas of Two Trees Management began their conversion of this building at 70 Washington Street, also in Dumbo, in 2004 into 225 apartments.

"'I'm a very unprecious artist,' Mr. Rekevics said," the article continued, "before smashing his multi-ton sculpture to bits. 'And I wanted to go out with a bang.' Mr. Rekevics was just one part of a mass exodus of artists who were packing up, breaking down and moving out last week, leaving behind their lives at 70 Washington Street, a hulking 12-story building, between Front and York Streets, in the riverfront Brooklyn neighborhood known as Dumbo....Beginning in August, the building, a once-vibrant honeycomb of artist studios, galleries, a theater and all manner of artistic enterprise, will be converted into luxury loft apartments, selling for anywhere from $500,000 to more than $1 million. That artists are being displaced by pricey housing shouldn't surprise anyone who has watched over the years as other arty neighborhoods like the East Village, TriBeCa and Williamsburg have been gentrified. But what has shocked many in Dumbo is the extreme speed and calculation with which the neighborhood - barely residential a decade ago - has begun to be co-opted by co-ops. (Or condos, to be precise.)"" Read Carter's Full Review
Pros
  • Part of Dumbo Historic District
  • Rooftop clock
  • Health club
  • Elevator
  • Pre-war building
  • Roof deck
  • Concierge
  • High ceilings
  • Close to the Manhattan Bridge and East River
  • Close to Subway
Cons
  • Many apartments
  • No balconies
  • No sidewalk landscaping
  • No fireplaces
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More Neighborhood Info

Subways

  1. J
  2. Z
  3. 2
  4. 3
  5. 4
  6. 5
  7. A
  8. C
at Cadman Plaza West and Cranberry 0.19 miles
  1. F
at Jay 0.22 miles
 

Sales Summary - Past 12 Months

View By Apartment Sizes
Past 12 Months
$1,223
Avg. Price / ft2
Based on 3 Sales
 

Closing History - Last 10 sales

10
Units Sold
$900K - $2.4M
Price Range
$1,289
Avg. Price / ft2

Pricing Comparison of Similar Buildings

View Detailed Comparison

In The Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 101 Available for Sale
  • $1,530 Avg. Price / Ft2
  • $2,293,292 Avg. Price
  • $1,999,000 Median Price
  1. Most Expensive Front and York Apt PHB-FRONT | $7,850,000
    Price / ft2 $2,559
  2. Least Expensive 98 Front Street Apt 5A | $685,000
    Price / ft2 $1,445
Not enough data available to generate chart.
  • 50 Available for Rent
  • $54 Avg. Price / Ft2
  • $6,510 Avg. Price
  • $4,925 Median Price
  1. Most Expensive 1 John Street Apt PHB | $20,000
  2. Least Expensive J Condominium Apt 6J | $2,650
    Price / ft2 $55
Data is based on sales from past 12 months and only transactions for which we have approximate square footage information available are included above
Not enough data available to generate chart.
  • 26 Total Sales
  • $1,360 Avg. Price / Ft2
  • $1,988,070 Avg. Price
  • $1,775,000 Median Price
  1. Most Expensive 1 John Street Apt 10A | $5,050,000
    Price / ft2 $1,956
  2. Least Expensive The Vista on Vinegar Hill Apt 2E | $688,000
    Price / ft2 $1,274

Featured New Developments

Recapture NYC’s magic in DUMBO, 1 - 4-bed condos from $965K, 150,000-sf of lifestyle amenities. View Property
25-Year Tax Abatement | 40,000 SF of Amenities Studio - 3-bed condos from under $1 million See the new model homes | Immediate Occupancy View Property

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For More Information
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