***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 $2.195M ($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.
Active
Price cut: $200K (5/21)
$2,195,000
57 Front St APT 303, Brooklyn, NY 11201
4beds
2,285sqft
Condominium
Built in 1899
-- sqft lot
$-- Zestimate®
$961/sqft
$1,796/mo HOA
What's special
Oversized windowsTriple exposureNatural lightRooftop terrace
- 118 days
- on Zillow |
- 1,651 |
- 82 |
Zillow last checked: 7 hours ago
Listing updated: July 28, 2025 at 11:14am
Listing by:
Compass 917-309-5108,
Brian J Goldfarb
Source: StreetEasy,MLS#: S1762654
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Bike Room
Cooling
- Central Air
Appliances
- Included: Dishwasher, Washer/Dryer
- Laundry: Inside
Features
- Flooring: Hardwood
Interior area
- Total structure area: 2,285
- Total interior livable area: 2,285 sqft
Video & virtual tour
Property
Details
- Parcel number: 000361212
- Special conditions: Resale
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Condition
- Year built: 1899
Community & HOA
Community
- Features: Doorman, Virtual Doorman
- Security: Doorman, Virtual Doorman
- Subdivision: DUMBO
HOA
- Has HOA: Yes
- Amenities included: Laundry, Fitness Center, Elevator(s)
- Services included: Maintenance
- HOA fee: $1,796 monthly
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $961/sqft
- Tax assessed value: $608,326
- Annual tax amount: $29,172
- Date on market: 4/7/2025
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