Location
Tour 205 Water St #5C
Contact
Yimin Ge
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Yimin Ge
205 Water St #5C offers a strong mix of conveniences and appeal, with notable features that may include thoughtful layout details and a desirable location. The home’s advantages likely center on practical livability, while the “great for” profile suggests it may align well with buyers seeking a comfortable, well-positioned residence.
Things you’ll love
Great for
Features
| Air Conditioning | Hardwood Floor |
| High Ceilings | Walk-in Closet |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Fitness Center | Onsite Laundry |
Grounds
| Garage Parking | Storage |
Services
| Concierge Service | On-Site Management |
| Package Service |
Other
| Four Rooms |
One-time.
One-time. Refundable.
Property Status: Active 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 Office Phone: (646) 982-0353 Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 205 Water Street, Brooklyn, NY 11201, USA compares to other nearby properties.
Positives
Considerations
| Neighborhood | DUMBO |
|---|---|
| Zip code | 11201 |
| Type | Condo for rent |
2-bedroom apartments at 205 Water St #5C cost about 1% more than the average rent price for 2-bedroom apartments in New York.
| Month | Median Rent |
|---|---|
| June 2024 | $4,885 |
| July 2024 | $4,935 |
| August 2024 | $5,209 |
| September 2024 | $5,381 |
| October 2024 | $5,594 |
| November 2024 | $5,467 |
| December 2024 | $5,162 |
| January 2025 | $5,322 |
| February 2025 | $5,498 |
| March 2025 | $5,620 |
| April 2025 | $5,896 |
| May 2025 | $5,539 |
| June 2025 | $5,537 |
| July 2025 | $5,073 |
| August 2025 | $5,248 |
| September 2025 | $5,375 |
| October 2025 | $5,195 |
| November 2025 | $5,090 |
| December 2025 | $5,073 |
| January 2026 | $5,081 |
| February 2026 | $5,126 |
| March 2026 | $5,312 |
| April 2026 | $5,471 |
| May 2026 | $5,498 |
| June 2026 | $5,625 |
| Month | Median Rent |
|---|---|
| June 2024 | $6,770 |
| July 2024 | $6,902 |
| August 2024 | $7,382 |
| September 2024 | $7,381 |
| October 2024 | $7,331 |
| November 2024 | $7,028 |
| December 2024 | $6,996 |
| January 2025 | $7,099 |
| February 2025 | $7,191 |
| March 2025 | $7,155 |
| April 2025 | $7,198 |
| May 2025 | $7,129 |
| June 2025 | $7,073 |
| July 2025 | $8,110 |
| August 2025 | $8,664 |
| September 2025 | $8,530 |
| October 2025 | $8,442 |
| November 2025 | $7,900 |
| February 2026 | $6,871 |
| March 2026 | $5,595 |
| April 2026 | $5,595 |
| May 2026 | $6,497 |
| June 2026 | $8,153 |
Can I afford to live at 205 Water St #5C?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$340,000/yr
| Bath | |||||
|---|---|---|---|---|---|
| 2 months ago | $4,000 | Studio | 1 bath | ||
| 9 months ago | $15,500 | 3 bed | 2.5 bath | ||
| 11 months ago | $10,500 | 2 bed | 2 bath | ||
| 11 months ago | $8,995 | 3 bed | 2 bath | ||
| 1 year ago | $4,250 | Studio | 1 bath | ||
| 1 year ago | $7,995 | 2 bed | 2 bath | ||
| 1 year ago | $4,950 | 1 bed | 1 bath | ||
| 2 years ago | $14,000 | 3 bed | 2.5 bath | ||
| 3 years ago | $14,000 | 3 bed | 2.5 bath |
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2 Beds
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On-Site Laundry • Air Conditioning • In-Unit Laundry • Assigned Parking • Dishwasher • Walk-In Closets
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