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$4,995,000
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Property Description
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.
Full Property Details
Full Property Details for 173 Water St
General
- Price: $4,995,000
- Taxes: $13,788
- Status: Active
- Type: Single Family
- Source: REBNY
- MLS ID: RLS20091938
- Updated: 5/18/2026
- Added to Site: 14 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Smoke Free
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Den
- Appliances: Washer Dryer Allowed
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Washer Hookup, In Unit
Exterior
- Exterior Features: Private Outdoor Space Over 60 Sqft
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Assigned, Garage
Location
- County: Kings
- Subdivision: DUMBO
Community
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
Structural Information
- Structure Type: Townhouse
- Basement Desc.: Other
- Stories/Levels: 4
- Year Built: 2014
- Other Struct. Feat.: Green Building
Lot Features
- Property View: Other
- Lot Size: 907.56
- Lot Dimensions: 50.42 x 18.00
Financial Considerations
- Tax Amount: $13,788
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 00030-0102
- Block: 1824
- Lot Number: 16
Listing Courtesy of Douglas Elliman Real Estate
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Schools
Schools serving 173 Water St
School District:New York City Geographic School District 13
| Name | Grades | Distance |
|---|---|---|
Ps 307 Daniel Hale Williams 209 York Street, Brooklyn, NY 11201 | PK-5 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 173 Water St
Date
Details
Price
Change
Source
5/05/2026
Listed
$4,995,000
10.11%
MLS
6/01/2015
Sold
$4,536,303
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 173 Water St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$18,427
—
$300,600
228%
2025
$18,427
1%
$91,744
-72%
2024
$18,288
6%
$329,940
13%
2023
$17,253
5%
$291,600
8%
2022
$16,458
-49%
$268,860
2%
2021
$32,179
99%
$262,860
-10%
2020
$16,183
1%
$290,760
1%
2019
$16,061
17%
$288,360
303%
2017
$13,767
—
$71,584
6%
2017
$13,767
8%
$67,533
6%
2016
$12,736
500%
$63,711
487%
2015
$2,124
56%
$10,860
-41%
2015
$1,362
—
$18,450
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 173 Water St
173 Water Street, Brooklyn, NY 11201 (MLS# RLS20091938) is a Single Family property with 4 bedrooms and 3 full bathrooms. 173 Water Street is currently listed for $4,995,000 and was received on May 05, 2026. Want to learn more about 173 Water Street? Do you have questions about finding other Single Family real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

