227 Devoe Street, Brooklyn, NY 11211

$2,999,999

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List Price
$2,999,999
Status
ACTIVE
MLS#
1055840
Year Built
1920
Acres
0.06

Property Description

Excellent investment opportunity in Williamsburg. 227 Devoe Street consists of two separate buildings with five residential units in each, for a total of 10 apartments. Three apartments will be delivered vacant, including a spacious 4-bedroom owner’s unit with direct access to the backyard, providing immediate rental upside and flexibility for an owner-user or investor. The property has been well maintained and updated throughout. The exterior, roof, and boiler have all been renovated or replaced within the last five years, and the building has been consistently kept in excellent condition. Conveniently located near public transportation, shopping, restaurants, and neighborhood amenities, this is a solid Williamsburg multifamily investment with strong existing income and additional upside. Ideal for investors, owner-users, 1031 exchange buyers, or those seeking a multifamily asset with substantial potential and a future value-add strategy. Set-up with rental income available upon request.

Additional Information

Taxes
$35,785
Lot Size
2,500
Interior Features
Other
Heating
Natural Gas, Other
Cooling System Type
Wall/Window Unit(s)
Sewer
Public Sewer
Water Source
Public
Basement
Full
Elementary School
Ps 132 Conselyea School
Middle School
Lyons Community School
High School
Progress Hs-Professional Careers

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Rene Attias (reneattias@gmail.com) from Listing Office: Attias Property Group Inc.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.