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Off market
  • $1,604,800

    205 Water St APT 5C, Brooklyn, NY 11201

    2beds
    1,315sqft
    Apartment
    Built in ----
    -- sqft lot
    $1,604,800 Zestimate®
    $1,220/sqft
    $7,831 Estimated rent

    Home value

    $1,604,800

    $1.44M - $1.78M

    $7,831/mo

    Zestimate® history
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    $7,747/mo

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    What's special

    Garbage disposalGenerous split-bedroom layoutHigh ceilingsDouble-sink vanityQuieter cobblestoned blockBuilt-in wine fridgeSub-zero refrigerator

    **No cooking gas for 6-7 weeks starting July, possibly longer** Set on one of DUMBO's quieter cobblestoned blocks, this 1,315-square-foot two-bedroom, two-bathroom residence at 205 Water Street pairs a generous split-bedroom layout with south-facing light that pours through oversized casement windows from morning through late afternoon. The living and dining area is anchored by a wall of black metal-framed, double-glazed windows that deliver remarkable quiet alongside the light, framing the cobblestones below. High ceilings and hardwood floors run throughout. The open kitchen is centered on a large peninsula in polished Luce de Luna quartzite, with abundant cabinetry, a Sub-Zero refrigerator, a built-in wine fridge, garbage disposal, and dishwasher equally suited to weeknight dinners and entertaining. The primary bedroom sits on its own end of the home, with a large walk-in closet and beautiful natural light. Its private bathroom is finished in soft gray tile and warm natural wood, with a double-sink vanity, deep storage, and a glass-enclosed shower. The second bedroom is well-proportioned and includes a dedicated walk-in of its own. The second full bath features a deep soaking tub with a rain-shower fixture and custom wood cabinetry. Storage is unusually generous for a rental: five closets in total, plus a dedicated in-unit laundry room with washer and dryer. 205 Water Street is a boutique LEED Gold-certified condominium built by Toll Brothers in 2012, with reclaimed wood from the Coney Island boardwalk woven into the building's finishes. The building is staffed around the clock by concierge and door attendants and supported by a live-in superintendent. Amenities include a fitness room with a Peloton bike, bike storage, a large back-lobby, an industrial common laundry room, and two outdoor common areas including a second-floor terrace with planted seating and a gas grill. From here, everything the neighborhood is known for is minutes on foot: Brooklyn Bridge Park and the East River waterfront, St. Ann's Warehouse, Empire Stores, the original Jacques Torres chocolate shop, and the galleries, restaurants, and cafes along Front and Washington Streets. The F train at York Street is a three-minute walk and the A/C at High Street is just beyond (F, A/C). Please be aware that this is a condo building with a board review process that could take 3-4 weeks. This is not the same as a co-op, where you have a risk of being denied. Due to the review process it is crucial that you have flexibility on your move in date as your actual move in date may end up being later than the date on the lease. Renting in a condo brings additional one-time fees paid directly to the condo board / building management at submission of the package. The fees for this building are listed below: Admin Fee (non-refundable): $600 Consumer Report Fee (non-refundable): $150 (per adult occupant) Move In Fee (non-refundable): $500 Move In Deposit (refundable): $1,000

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Washer
    • Laundry: In Unit, Shared
    Features
    • Elevator, Walk In Closet
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 1,315 sqft

    Property

    Parking
    • Details: Contact manager
    Features
    • Exterior features: Bicycle storage, Broker Exclusive, Cold Storage, Concierge, Fios Available, Gas not included in rent, Leed Registered, Live In Super, Nyc Evacuation 3, Parking, Recreation Facilities, Roofdeck, Walk In Closet
    Details
    • Parcel number: 000311240

    Construction

    Type & style
    • Home type: Apartment
    • Property subtype: Apartment

    Community & HOA

    Community
    • Features: Fitness Center, Gated
    HOA
    • Amenities included: Fitness Center
    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $1,220/sqft
    • Tax assessed value: $522,584
    • Annual tax amount: $26,096
    • Date on market: 6/10/2026
    • Date available: 07/15/2026
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    6/25/2026Listing removed$8,500$6/sqft
    Source: Zillow Rentals Report a problem
    6/10/2026Listed for rent$8,500$6/sqft
    Source: Zillow Rentals Report a problem
    6/26/2012Sold$1,079,335$821/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$26,096 +3.7%$235,162 +1%
    2024$25,167 $232,943 +6%
    2023-- $219,672 +15.1%
    2022-- $190,921 +12.1%
    2021-- $170,270 -11.7%
    2020$10,174 +11.6%$192,726 +6.1%
    2019$9,121 -52.4%$181,576 +3.6%
    2018$19,159 +6.1%$175,232 +7%
    2017$18,061 +85.4%$163,798 +3.7%
    2016$9,740 $157,890 +15.3%
    2015$9,740 +82.6%$136,993 +9%
    2014$5,335 $125,654 +66.3%
    2013-- $75,581 -56.7%
    2012-- $174,428
    Find assessor info on the county website

    Neighborhood: DUMBO

    Nearby schools

    GreatSchools rating