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205 Water Street PH-N

$7,495,000

MLS# RLS20126229 · Dumbo

Listed November 11, 2026 · 1 day on the market

3 Beds 2 Baths 2,500 Sq.Ft.

About This Property

Bjarke Ingels's Own DUMBO Penthouse: Three Bedrooms, Four Terraces, Deeded Parking Included

PHN at 205 Water Street is the penthouse Bjarke Ingels bought for himself and spent a decade making his own. The architect behind VIA 57 West, The Spiral and One High Line could have lived anywhere in New York. He chose DUMBO, on the cobblestones, a short walk from Brooklyn Bridge Park and the water.

The result is a three-bedroom, two-and-a-half-bath penthouse with more than 2,500 square feet of interior space and approximately 2,344 square feet of private outdoor space across four terraces. In total that's close to 5,000 square feet to live in, inside and out.

Light comes in from four sides. From the terraces you look out over the East River, the Manhattan and Brooklyn Bridges and the downtown skyline. Walls of glass and the double-height volume give the whole place a feeling of air and openness you rarely get in the city. It feels more like a house on the roof than an apartment.

The main level is built around a double-height living room that opens onto an approximately 16' x 36' terrace. It's big enough for a long dinner table, a lounge area and real planting. The kitchen, in patinated metal, and the dining area sit alongside it, with 16-inch-wide Dinesen plank floors, exposed concrete and loft-scale volume throughout. Two bedrooms, a den and generous storage complete the floor.

The primary suite has a level of its own, with large closets and a private terrace. Above it, Ingels created a home office that opens onto roof gardens and more terraces. They give you places to garden, to work outside in summer, and to get away from the rest of the household.

Ingels designed for how people actually move through a home. The sightlines, the storage and the flow between inside and out were all thought through by the person who lived there.

A deeded parking space is included in the sale. You enter it from the cobblestones through a corten-steel wall, and parking like this is close to impossible to find in DUMBO.

205 Water Street is a LEED Gold, full-service condominium with a 24-hour attended lobby, live-in super, fitness center, media lounge, bike room, cold storage and shared outdoor space. The F train at York Street, the A/C at High Street and the DUMBO ferry are all a short walk away, as are the park, the waterfront, and the neighborhood's restaurants and galleries.

Agent's Note

From Curtis Bain. Details about the apartment are drawn from the listing information provided through RLS by EXP Realty NYC.

The primary suite sits on a level of its own, while the main floor centers on a double-height living room with a terrace off it. The kitchen, finished in patinated metal, sits alongside the living room and the dining area, so the floor reads as one open space. That arrangement suits a home where cooking and hosting happen in the same room.

The terrace is large enough for a long dinner table, a lounge corner and real planting, which makes a real difference for an apartment used for entertaining. Above the primary suite, a home office opens onto roof gardens and more terraces, so you can work outside in summer without leaving the home. Light comes in from four sides, and the den sits on the main level beside the two bedrooms.

The architect Bjarke Ingels designed this penthouse for his own use, and it shows in how the rooms connect to the outdoor space. The building is a nine-story condominium completed in 2011 with 65 residences, a 24-hour attended lobby, a live-in super and an elevator. Shared spaces include a gym, a screening room, a bike room, a courtyard, a garden and a roof deck. A deeded parking space is included in the sale, and pets are allowed.

The F train at York Street is about 4 minutes on foot, and the A and C trains at High Street are about 10 minutes away. Brooklyn Bridge Park is about 3 minutes away, and the East River is about 2 minutes away in a straight line. Fine Food, a supermarket, is about 4 minutes on foot.

Quick answers+

Does the apartment have in-unit laundry?

Yes, there's a washer and dryer in the unit.

Does the apartment have private outdoor space?

Yes, it has four terraces, including one off the main living room.

Does the building have an elevator?

Yes, the building has an elevator and a 24-hour attended lobby.

Property Features

Policies

  • Pets allowed

Home features

  • Washer/dryer in unit
  • Central air
  • City view
  • River view
  • Dining area
  • Balcony
  • Private outdoor space (under 60 sq ft)
  • Terrace
  • Rooftop access

Building amenities

Services and facilities

  • Assigned parking
  • Bike room
  • Elevator
  • Garage parking
  • Laundry in building
  • Package room
  • Security gate
  • Security system
  • Storage space

Wellness and recreation

  • Gym
  • Recreation room
  • Screening room

Outdoor space

  • Courtyard
  • Garden
  • Outdoor grills
  • Roof deck

Some building amenities are reported on other current listings in this building. Confirm amenities and building policies before relying on them.

Estimate

Monthly Cost & Closing Costs

The rate is a placeholder, not a quote. Enter the one your lender gives you.

$46,843 / month

  • Principal and interest$37,899
  • Common charges$5,141
  • Property taxes$3,803

Due at closing

  • Down payment (20%)$1,499,000
  • NYS “mansion tax” (2.25%)$168,638
  • Mortgage recording tax (1.925%)$115,423

Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.

About the Building

205 Water Street is a 9-story residential building in DUMBO, completed in 2011 and home to 65 residential units. It sits within the Dumbo Historic District.

The closest subway is York St (F), about a 4-minute walk. Brooklyn Bridge Park is roughly 3 minutes away on foot.

Compiled from NYC public records and open data.

Year Built
2011
Stories
9
Units
65
Historic District
DUMBO Historic District

View 205 Water Street building profile and all listings →

Location & Nearby

Map

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205 Water Street PH-N

Subway

  • FYork StAbout 4 min walk
  • ACHigh StAbout 10 min walk

Parks

  • Brooklyn Bridge ParkAbout 3 min walk
  • Susan Smith McKinney Steward ParkAbout 4 min walk
  • Bridge Park 3About 5 min walk

Public schools · Elementary schools

  • P.S. 307 Daniel Hale WilliamsAbout 7 min walk
  • The Emily Warren Roebling SchoolAbout 11 min walk
  • P.S. 287 Bailey K. AshfordAbout 12 min walk

Middle schools

  • Dock Street School for Steam StudiesAbout 9 min walk
  • University Neighborhood Middle SchoolAbout 18 min walk

High schools

  • Brooklyn Laboratory Charter School · CharterAbout 6 min walk
  • Edmund W. Gordon Brooklyn Laboratory Charter School · CharterAbout 6 min walk

Colleges & universities

  • New York City College of Technology (CUNY)About 15 min walk
  • Brooklyn Law SchoolAbout 22 min walk
  • Long Island University (Brooklyn)About 22 min walk
  • St. Francis CollegeAbout 24 min walk

Museums

  • Toy Museum of New YorkAbout 19 min walk
  • Museum at Eldridge StreetAbout 23 min walk
  • South Street Seaport MuseumAbout 25 min walk

Walking times are estimates. Schools shown are the nearest public and charter schools and are not zone assignments; a nearby school is not necessarily the one an address is zoned for. Confirm zoning with the NYC Department of Education. Sources: MTA, NYC Parks and NYC Department of City Planning open data.

The Neighborhood

About Dumbo

DUMBO is covered by our Dumbo guide.

A waterfront enclave of converted lofts and striking new residences framed by iconic bridge views.

Walkability

8/10

Public transit

7/10

Schools

8/10

Dining

8/10

Groceries & parks

9/10

Explore Dumbo

Listing Courtesy of EXP Realty NYC

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RLS: Real Estate Board of New York Residential Listing Service

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 The Real Estate Board of New York, Inc., All rights reserved.