No-Fee Apartment of the Week: $3,950 DUMBO loft

By Lucy Cohen Blatter | May 11, 2012 - 3:31PM

We’re kind of salivating over the openness of this $3,950 one-bedroom loft at 220 Water St. in Dumbo.

The unit is available starting June 1.

Pros: As the photo shows, the space is airy and modern, with 14-foot ceilings, exposed columns and beams and high-end appliances. There’s individually controlled central air and heat in each apartment, as well as washer/dryers. The luxe building has a children’s playroom, pet wash and more. Plus, the neighborhood has the whole “industrial chic” thing down pat.

Cons: The rent – nearly $4,000 for a one-bedroom (albeit a large and beautiful one) – is pretty high (though the building does accept guarantors). Plus,supermarket shopping is a bit tricky (and expensive) in DUMBO.

No-Fee Apartment of the Week showcases an apartment that’s currently on the market and is being offered with no broker fee (otherwise known as the holy grail of New York City rentals). For tips on how to find more no-fee apartments, check out the The 8 best websites for finding a no-fee apartment in NYC and our Guerrilla Guide series.

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