$4,995,000
Updated 3 months ago
Off Market

DUMBO Townhouses

173 Water Street

Dumbo, Brooklyn | Pearl Street & Jay Street

7 Rooms4 Beds3 Baths3,049 Square FeetSingle Family

$4,995,000
floors / apts5 / 1
Lot Size18'x50'
Built Size18'x50'
ZoneM1-4/R
Building TypeTownhouse
RE Taxes$18,205
Price Per SF
$1,638

Listing Features

  • WBFP
  • Central AC
  • Central Heat

Outdoor space and views

  • Terrace [17'x9']
  • Manhattan Bridge

Building Amenities

  • Voice Intercom
  • Garage
  • Garden
  • Laundry Room
  • Roof Deck

Property Description for 173 Water Street

Designer's Dream DUMBO Townhome

This extraordinary townhome represents a rare opportunity to own a truly one-of-a-kind residence in one of New York City's most iconic waterfront neighborhoods. One of only five independent townhomes, this award-winning passive townhouse offers a remarkable blend of contemporary design, privacy, and luxury living in the heart of DUMBO.

Spanning six levels and 18 feet wide, this architecturally significant residence features four bedrooms, three full bathrooms, two fireplaces, two private outdoor spaces, and the ultimate city luxury: a private covered parking space set on a remote-controlled rotating turntable for effortless entry and exit directly from your back door.

The homes entry level offers a versatile bedroom, den, or home office alongside a full bathroom, creating an ideal guest suite with direct access to the private garage.

The dramatic parlor floor is designed for exceptional entertaining, featuring soaring 20-foot ceilings, a mezzanine overlook, a striking open concept staircase, and a wall of wall-to-wall windows that flood the space with natural light. The living room centers around a gas fireplace, while the chef's kitchen showcases a top-of-the-line custmo design complete with premium Miele appliances, gas and electric cooktops, vented exhaust, dishwasher, refrigerator, expansive custom wood cabinetry, generous countertops, center island, and a unified dining area. This is the prefect space for entertaining or for everyday living.

Sliding glass doors open seamlessly to a beautifully designed terrace with built-in gas grill creating the perfect indoor/outdoor living experience.

Above, a mezzanine media lounge overlooks the entertaining level before leading to the luxurious full-floor primary suite. This serene retreat features wide plank white oak flooring, a gas fireplace, skylight, custom-fitted dressing room, and a spa-inspired bath with double vanity, dual shower heads, freestanding soaking tub, and radiant heated floors.

The fourth floor offers two additional bedrooms, a shared full bathroom, and a thoughtfully designed laundry room with full-size washer and vented dryer.

Crowning the home is a private sun-drenched roof terrace with glass railings and covered outdoor kitchen area, offering breathtaking views of the Manhattan Bridge, East River, Brooklyn Bridge Park, and the Downtown Manhattan skyline - an ideal setting for entertaining, gardening, or sunset cocktails.

Completed in 2015, the DUMBO Townhouses were designed with energy-efficient building systems, triple-glazed windows and doors, central heating and cooling, radiant heated bathroom floors, and a fully equiped smart home system featuring remote video intercom access and locking capabilities from anywhere in the world.

All conveniently located moments from Brooklyn Bridge Park, Empire Stores, Jane's Carousel, St. Ann's Warehouse, acclaimed restaurants, cafés, shopping, the A/C/F subway lines, NYC Ferry, and everything DUMBO has to offer.

With exceptionally low carrying costs - monthly taxes under $1,200 and a $100 per month charge for garage maintenance, this home is not to be missed.


Listing History for 173 Water Street

Now
06/01/2026
TOM by Kaila Rhubright
Douglas Elliman
05/19/2026
$4,995,000
Initial Price by Kaila Rhubright
Douglas Elliman

Building Details for 173 Water Street

OwnershipSingle Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePost-War
AccessWalk-up
Year Built2013
Floors/Apts5/1
Learn More About the Building

Transit and Citi Bike

Subway

York St
0.12 miles
High St
0.31 miles
Clark St
0.5 miles

Citi Bike

Front St & Jay St
0.05 miles
Front St & Washington St
0.12 miles

Ferry

Dumbo/Fulton Ferry
0.44 miles

Contact Agent

Contact Agent

Kaila Rhubright
Douglas Elliman

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: 50237TH