No, we are not talking about apartments for that lovable, floppy eared, flying elephant from the 1941 Disney animated film. Dumbo is actually an acronym for for a NYC neighborhood.
Where is Dumbo located and what it means the name?
Originally an industrial area packed with factories and warehouses, Dumbo is an acronym for the neighborhood Down Under the Manhattan Bridge Overpass in the borough of Brooklyn, New York. The neighborhood is bounded by Brooklyn Bridge Park to the north, the Brooklyn Bridge to the west, Brooklyn Heights to the south and Vinegar Hill to the east.
What residents think about Dumbo Brooklyn?
Dumbo has a whimsical vibe, and attracts artisans of many crafts, from ornate & positive murals decorating their walls to the colorful park benches that look like pieces of art. Graffiti is embraced and chalk art on the sidewalks is commonplace. It is a highly dog friendly community and the Brooklyn Bridge Park Dog Run is enjoyed by pups and their owners. The Oscar Award winner, Anne Hathaway, recently sold her loft condo at the iconic Clock Tower building in Brooklyn’s Dumbo ‘hood for $4,330,000. Lifelong resident of Brooklyn, Jerry Seinfeld, joked that Dumbo stands for “Down Under Manhattan Bridge”, but that New Yorkers added the “O” at the end because they did not want to live in a neighborhood called “Dumb”.
How much is the average value for a Dumbo apartment for 1 bed, 2 bed and studio apartments for sale?
Dumbo apartments for sale range as follows: Studio $700k to $1million, one-bedroom $900k to $1.8 million and two-bedrooms #1.3 to $2 million
Are Dumbo Brooklyn apartments for sale affordable compared with other NYC neighborhoods?
Yes, Dumbo is one of the most affordable neighborhoods in the borough of Brooklyn, and the best value all around. A two-bedroom apartment in Dumbo is $2 million versus Brooklyn Heights costing $3 million for the same size unit.
Which places of interest can you find near Dumbo and how long by car?
The Arts, great food, accessible transportation..there’s really no reason to leave your home in Dumbo. Dumbo has become a tech hub and many up and coming corporations are relocating to Dumbo, for instance the online store sensation – Etsy! But if you want to get away and are feeling adventurous, take the 15 minute drive to the Brooklyn Cruise Terminal and hop on the ferry to Governors Island. The 172 acre island is a world unto itself, unique and full of promise. Enjoy breathtaking never-before-seen views of the Statue of Liberty, New York Harbor and the Manhattan high rises as you stroll through “The Hills”.
Are you tired of looking for apartments in Brooklyn all over the place? Well you are in right place then. We have brought to you an incredible yet affordable place in whole of the Brooklyn where you can easily find an apartment of your own choice which is situated in Dumbo, Brooklyn.
Dumbo! Does it sound unnatural? It may be but this is the place where you will certainly find a best apartment to move in.
Do you know Dumbo?
Down Under Manhattan Bridge Overpass is what exactly it is known to the natives i.e Dumbo. Not long ago it was not considered as an ideal place to live in but as the days are passing by more and more business minded people started making use of the sites to construct new apartment buildings. Thus availing a lot of people in need of apartment got an opportunity to own a perfect apartment of their own.
If you are in urgent need of an apartment then you can look for the same here in Dumbo, Brooklyn and ensure yourself that you will definitely find one at negotiable deal but not for very long. Some of the most expensive projects have already started thus attracting loads of attention towards it irrespective of the budgets.
What is the average expected price for an apartment in Dumbo residence?
As already mentioned, the demand of apartment both family apartments as well as official apartments is increasing at a considerable rates. Being situated in one of the ideal places in whole of the Brooklyn, more people tend to opt for apartment in Dumbo, Brooklyn thus making the price to increase continuously.
As per the reports, the average price of double bedroom apartment in Dumbo, Brooklyn increased from $400,000 to $550,000 in past 10 years and it is expected to reach even higher limit by the end of this year. Some of the places where you can look for luxurious yet affordable apartments, which are situated in Williamsburg carry last recorded sale as of $5.3 million. Some other places where you can look for affordable apartments are Brooklyn Bridge Park and 72 Poplar Street.
What other benefits you can get in Dumbo?
Apart from friendly neighborhood and a wonderful waterfront, you will be able to gain access to each and every corner of New York in a short period of time. You can also find a majority of office place here in Dumbo, Brooklyn as many businesses owners want to have a different place. People will have easy access to nearby stores and train stations. Practically if you seek to buy a Dumbo apartment for sale, your life will get much more easier and swifter than ever before. All you will need to do is reach to the exact place and lay forward your requirements and consequently see it get done.