$2,195,000
Updated 10 months ago
Off Market

River Front

57 Front Street, 303

Dumbo, Brooklyn | Main Street & Old Dock Street

Loft 7 Rooms3 Beds3 Baths2,285 Square FeetCondo

$2,195,000
Common Charges$1,796
RE Taxes$2,431
Price Per SF
$961

Listing Features

  • Abundant Closets
  • Beamed Ceilings
  • BuiltIns
  • Carpeted MBR
  • Corner Apartment
  • Custom Lighting
  • Entry Foyer
  • Galley Kitchen
  • Hardwood Floors
  • High Ceilings [10.5']
  • Home Office
  • Open Space
  • Pocket Doors
  • Recessed Lighting
  • Walk-in Closet
  • Washer / Dryer
  • Wet Bar
  • Flr-to-Clg Windows
  • Window Treatments
  • Adjoining Pantry
  • Center Island
  • Dishwasher
  • Eat-in Kitchen
  • Gourmet Kitchen
  • Microwave
  • Open Kitchen
  • S Steel Appliances
  • En Suite Bathroom
  • Jacuzzi Tub
  • Marble Bathroom
  • Soaking Tub
  • Stall Shower
  • Whirlpool

Outdoor space and views

  • Balcony
  • Juliet Balcony
  • City Views
  • Courtyard
  • Skyline Views
  • East Exposure
  • North Exposure
  • South Exposure
  • West Exposure

Building Amenities

  • Part-Time Doorman
  • Bike Storage
  • Cabanas
  • Elevator
  • Fitness Facility
  • Laundry Room
  • Roof Deck
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 57 Front Street, 303

***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 History for 57 Front Street, 303

Now
11/06/2025
POM by Brian J. Goldfarb
Compass
05/21/2025
$2,195,000 [-$200,000] [8.4%]
Price Drop by Brian J. Goldfarb
Compass

Building Details for 57 Front Street

OwnershipCondo
Building TypeLoft
Service LevelPart-Time Doorman
AgePre-War
AccessElevator
Year Built1899
Financing Allowed90%
Floors/Apts7/31
Learn More About the Building

Transit and Citi Bike

Subway

High St
0.23 miles
York St
0.25 miles
Clark St
0.38 miles

Citi Bike

Dock St & Front St
0.07 miles
Main St & Plymouth St
0.08 miles

Ferry

Dumbo/Fulton Ferry
0.25 miles

Contact Agents

Contact Agents

Dumbo | Brooklyn

Quick Profile

DUMBO, which is an acronym for Down Under the Manhattan Bridge Overpass, used to be a lively industrial and manufacturing zone, full of large factories and warehouses. These buildings have now been converted into expansive lofts, theaters, galleries, and office spaces for start-up companies. These larger residential spaces are attractive to families and creative artists and writers who need space to dream and create. 

DUMBO was named in 1978 as a sort of reverse marketing ploy to try to keep people from swarming into the area, attracted by the quaint tree-lined streets, elegant historic brownstones, large lofts, and views of Lower Manhattan. It was felt that this influx of people would change the nature of the neighborhood. It was hoped that by giving the area a ridiculous name, nobody would want to live there.

Many of the neighborhood’s bars, hotels, and restaurants capitalize on the stunning waterfront views and the Manhattan skyline in the background. Interesting and fun cultural events are held under and around the Brooklyn and Manhattan Bridges that connect DUMBO to Manhattan. One of these is the annual Oktoberfest.

With beautiful vignettes of the Manhattan and Brooklyn Bridges being framed around every corner, DUMBO provides residents and tourists with charming, and often surprising, views. Because the neighborhood is eminently walkable and filled with unique shops, it feels like a small town on the edge of a major urban waterfront. Once people move to DUMBO, they tend to stay and become involved in the community.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 298519