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173 Water StreetBrooklyn, NY 11201

For Sale

$4,995,000

Smart Buyer Rebate $62,438

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.

Listed by Kaila Rhubright

·

Douglas Elliman Real Estate

·

(941) 404-9236

Last updated August 17, 2026

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Source: REBNY #RLS20091938

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeSingle-family
  • NeighborhoodDUMBO
  • Bedrooms4
  • Bathrooms3
  • Days on Prevu133
  • Taxes$13,788/year

Amenities

  • Private Outdoor Space
  • Parking

Location

Mortgage Calculator

Listing History

08/17/2026
Status changed to Active
$4,995,000
06/02/2026
Status changed to Removed from Feed
$4,995,000
05/05/2026
Listed by Douglas Elliman Real Estate
$4,995,000
  1. 08/17/2026$4,995,000
    Status changed to Active
  2. 06/02/2026$4,995,000
    Status changed to Removed from Feed
  3. 05/05/2026$4,995,000
    Listed by Douglas Elliman Real Estate

Estimated Closing Costs

Attorney Fees
$4,000
NYC Mansion Tax
$74,925
Title Insurance
$22,478
Bank Attorney
$1,500
Mortgage Recording Tax
$76,923
Other Closing Costs
$4,000
Total
$183,826

Estimated closing costs are based on the list price of $4,995,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 173 Water Street

Association

Amenities

  • Pets Allowed: Building Yes, No

Exterior

Construction

  • Number Of Units Total: 1
  • Stories Total: 4
  • Structure Type: Townhouse
  • Year Built: 2014
  • Entry Level: 1

Measurements

  • Building Area Total: 900
  • Building Area Units: SquareFeet
  • Lot Size Area: 907
  • Lot Size Dimensions: 50
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Parcel Number: 00030-0102
  • Tax Annual Amount: $13,788.00

Interior

Features

  • Appliances: Washer Dryer Allowed
  • Fireplace Features: Den
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Interior Features: Smoke Free

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 4
  • Rooms Total: 7

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: DUMBO
  • Tax Block: 01824
  • Tax Lot: 0016

Parking

Parking

  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Assigned, Garage

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Laundry Features: Washer Hookup, In Unit

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 4 bedrooms and 3 bathrooms in this single-family home at 173 Water Street.

Does this single-family home have parking?

Yes, there is 1 parking space available for 173 Water Street.

What are the annual taxes for 173 Water Street?

Annual taxes for this single-family home are estimated at $13,788.

173 Water Street is a 4-bedroom, 3-bath single-family home for sale in Brooklyn NY 11201. On Prevu for 133 days at $4,995,000. This property is located in DUMBO. The median listing price for single-family homes in this area is $2,225,000. Additional amenities include private outdoor space and parking. Browse more single-family home listings in Brooklyn.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2026 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.