Brooklyn, NY 11211,59 DEVOE Street
Brooklyn, NY 11211,59 DEVOE Street
Brooklyn, NY 11211,59 DEVOE Street
Brooklyn, NY 11211,59 DEVOE Street
Brooklyn, NY 11211,59 DEVOE Street
Brooklyn, NY 11211,59 DEVOE Street
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Listing Courtesy of Corcoran Group
$ 2,995,000
Est. payment | /mo

7 Beds

6 Baths

2,400 SqFt


Save
$ 2,995,000
Est. payment | /mo
Save

7 Beds

6 Baths

2,400 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $1,247

Subdivision Williamsburg

MLS Listing ID RLS20068888

Bedrooms 7

Full Baths 6

HOA Y/N No

Year Built 1910

Annual Tax Amount $4,776

Property Sub-Type Multi Family

Property Description

Meet 59 Devoe Street, a rare fully-occupied Williamsburg investment property offering a cap rate of 5.85%.
Set on a quiet, picturesque block just moments from both the L and G trains, this fully renovated three-family townhouse pairs clean, modern interiors with strong, reliable income in one of Brooklyn's most consistently high-performing neighborhoods.
Configured as sweet floor-through residences, each home offers generous proportions, two full bathrooms, and the kind of thoughtful renovation that attracts and retains excellent tenants. The layouts feel intentional, the finishes feel current, and the building has been meticulously updated from top to bottom - allowing the next owner to step into a truly turnkey asset.
With nearly $200,000 in annual rent roll and a 5.85% cap rate, the property delivers immediate cash flow alongside long-term appreciation in a location that continues to outperform.
The 20' x 50' building sits comfortably on a 20' x 75' lot, providing full-width living on each level and the type of scale rarely found in typical Brooklyn multifamily inventory.
Essentials

Location

State NY

County Kings

Rooms

Basement Other

Interior

Interior Features Smoke Free

Cooling Central Air

Fireplace No

Appliance Washer Dryer Allowed

Laundry Washer Hookup, In Unit

Exterior

Exterior Feature Private Outdoor Space Over 60 Sqft

View Y/N No

View Other

Porch Patio

Private Pool No

Building

Dwelling Type Townhouse

Story 3

New Construction No

Others

Tax ID 02762-0033

Ownership None

Monthly Total Fees $398

Special Listing Condition Standard

Pets Allowed Building Yes, No

REBNY-IDX

NEARBY SCHOOL & BUSINESS

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59 DEVOE Street