50 Bridge Street (Bridge No. 50)

The 58 residences occupy the fourth through sixth floors and the added penthouse level, above the commercial and artist-studio floors; the large factory floorplates support a wide mix of studio-loft, one-bedroom, and two-bedroom-plus configurations, many with irregular loft geometries recorded unit by unit in the offering plan drawings. Documented physical characteristics include:

• Load-bearing brick perimeter walls from 24 inches (grade) to 16 inches (fifth floor), with brick arch lintels
• Heavy-timber plank floors on timber beams and masonry columns
• Replacement one-over-one double-hung insulated aluminum windows
• Iron-railed private balconies bracket-mounted into the brick façades on designated units
• Private roof terraces on designated top-floor units
• Independent unit-by-unit heating and cooling; no central plant
• Three elevators, one at-grade and handicapped-accessible

A diligence note recorded in the plan: units on the building's eastern 19 and 20 lines have lot-line windows, which are at risk of being closed if the neighboring parcel is ever built out. Line-specific review matters here.

The Bridge No. 50 Condominium is administered by Barton Management LLC with a superintendent serving the building; there is no documented doorman or concierge. The cellar holds the common laundry room and storage closets; garage space sits at street level within several of the building sections. The condominium publishes a documented alteration framework — board consent, refundable security deposit, processing fees, weekday-only work hours — and audited financial statements are produced annually; recent statements are held in The Roebling Research Library and reviewed with clients during diligence.

Maximum financing: 90 percent of purchase price, per the condominium's purchase requirements — a documented, unusually specific figure for a loft conversion.

Board process: Condominium right of first refusal on sales; the purchase application requires a full financial and reference package submitted through the managing agent.

Subletting and pied-à-terre: Not documented; confirm in the declaration, bylaws and house rules, including minimum lease terms, with the managing agent.

Pets: Not publicly documented; confirm against current house rules.

Flip tax / transfer fee: No flip tax is documented. Purchase documentation lists a managing-agent processing fee, non-refundable move-in/move-out fees payable to the condominium, and a managing-agent closing-document fee — model these in closing costs.

Alterations: Board consent required with security deposit and fees; work hours weekday-only under the alteration agreement.

Recent sales

Recent closings at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.

Market read. Most recent trades (2026 to date) cleared a median $1,043/sf (recorded) across 4 sales. Median listing discount 2.2% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

Sales sourced from NYC Department of Finance recorded transfers (BBL 3-00031-7502; each condominium apartment is its own tax lot). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.

The loft fabric is the real thing. Kirkman soap-works buildings of 1894 to 1907 — mostly brick with 24-inch walls, timber framing and factory floorplates, plus one reinforced-concrete section — protected since 2007 by the DUMBO Historic District. Very little DUMBO inventory offers this fabric at the building's price tier.

Model the utility structure honestly. Heat, cooling, and hot water run on the unit's own meter rather than through common charges. Compare buildings on True Monthly Carrying Cost, and pull the unit's actual utility history where available.

Understand the mixed-use stack. Commercial floors and artist studios sit below the residences and garage space sits at street level; buyers should review the commercial units' uses and the condominium's governance split during diligence.

Check the line-specific diligence items. Lot-line windows on the eastern lines, balcony and terrace rights recorded unit by unit in the plan, and mechanicals that may date from the conversion two decades ago — ask what has been replaced, and review capital planning and recent financials.

Financing has a documented ceiling. Maximum financing is 90 percent per the purchase requirements.

Lead with the Kirkman story. The soap-works provenance, LPC-documented 1894–1907 fabric, and the artist-studio floors give the building a narrative most DUMBO conversions cannot match; the sister building at Kirkman Lofts has proven the story's marketing value.

Position the carrying costs as a feature. The service-light operating model keeps common charges lean relative to full-service peers; frame the utility structure transparently and let carrying-cost-sensitive buyers do the comparison.

Price to line, exposure, and outdoor space. Fifty-eight units across irregular factory floorplates produce wide per-unit variation; recent same-line trades anchor pricing more reliably than building averages.

Prepare the diligence file in advance. Right-of-first-refusal timeline, purchase-application requirements, and documented fees move fastest when assembled before contract; closings typically pace 30–45 days.

If you're considering Bridge No. 50, also evaluate:

• Kirkman Lofts (37 Bridge Street) — the sister Kirkman soap-works building across Bridge Street, converted 2011
• 205 Water Street — LEED Gold boutique new construction on the same block; the systems-and-amenities alternative
• 168 Plymouth Street — factory-conversion condominium peer on the eastern blocks
• The Sweeney Building (30 Main Street) — early Two Trees-era loft conversion; the district's conversion archetype
• The Clock Tower (1 Main Street) — the Gair-building trophy conversion; DUMBO's loft ceiling
• 70 Washington Street — large full-service Gair conversion; the district's liquidity benchmark
• 133 Water Street — boutique new-construction contrast at similar scale