Neighborhood Overview

DUMBO (Down Under the Manhattan Bridge Overpass) is a compact neighborhood between the Manhattan and Brooklyn Bridges. Former industrial warehouses have been converted into luxury residences, tech offices, and cultural spaces. Brooklyn Bridge Park and stunning Manhattan views make it one of Brooklyn's most desirable neighborhoods.

Common Property Types

Converted warehouse condos and rentals, new luxury high-rise condos, commercial tech/creative office space, and mixed-use buildings. Most residential units are large lofts.

Typical Building Ages

Industrial warehouses from the 1880s-1920s form the original stock. Conversions accelerated in the 2000s. New luxury construction from the 2010s-2020s, including towers like Olympia Dumbo.

Common Violations

Construction violations from conversions and renovations, facade maintenance on industrial buildings, noise complaints, and violations related to building systems in converted warehouses.

Property Tax Information

High assessed values reflecting the premium market. Converted warehouses with residential C of O amendments are assessed at residential rates. Commercial spaces for tech companies face Tax Class 4 rates.