See Home Value
$3,131,602*
Multifamily - Off Market

278 Devoe St.

Brooklyn, NY 11211
bedrooms
Studio
bathrooms
9 Baths
square feet
6000 Sqft
$2,250,000 - $2,748,000
Reference Base Price*
25.31%
Since Apr 1, 2021
NY-New York
Primary Model

About This Property

THIS IS YOUR CHANCE TO OWN A HIGH INCOME PRODUCING PROPERTY WITH 2 SEPARATE STRUCTURES BUILT ON ONE OVERSIZED 25' X 125' LOT IN ONE OF BROOKLYN'S HOTTEST AND MOST DESIRABLE NEIGHBORHOODS! IN TOTAL THIS IS AN 8 FAMILY PLUS OFFICE SPACE WHICH IS SPLIT INTO 2 BUILDINGS. THE STRUCTURE IN THE FRONT IS A FIVE FAMILY PLUS OFFICE IN A 3 STORY BUILDING WITH OFFICE SPACE AND 1BR APARTMENT ON THE FIRST FLOOR, TWO 2BR APARTMENTS ON THE SECOND FLOOR AND TWO 2BR APARTMENTS ON THE THIRD FLOOR. 1ST FLOOR OFFICE AND 1BR ARE CURRENTLY VACANT MAKING IT PERFECT FOR AN END USER LOOKING FOR LIVING AND WORK SPACE WHILE COLLECTING A HANDSOME RENT ROLL. THE STRUCTURE IN THE REAR IS ANOTHER 3 STORY BUILDING WITH 3 LARGE 1BR APARTMENTS THAT INCLUDE 3 SEPARATE BOILERS FOR EACH UNIT. THE 2 STRUCTURES ARE SEPARATED BY A CONVENIENT COMMON COURTYARD IN THE MIDDLE FOR SHARED OUTDOOR SPACE. YOU WILL ENJOY UPGRADED ELECTRIC AND UPGRADED HEATING SYSTEMS IN THIS RARE TURN-KEY REAL ESTATE OPPORTUNITY. THIS WILLIAMSBURG / BUSHWICK LOCATION IS RED HOT AND HIGHLY DESIRABLE, JUST 4 BLOCKS FROM THE POPULAR GRAHAM AVE L TRAIN STOP - ONLY 9MIN INTO THE CITY!! ENJOY TONS OF RESTAURANTS, CAFES, NIGHTLIFE AND EVENT SPACES THAT THIS NEIGHBORHOOD IS RENOWNED FOR. DON'T MISS THIS ONCE IN A LIFETIME SHOT, WON'T LAST!! SELLER IS MOTIVATED AND READY TO HEAR ALL OFFERS!!  Rent Roll: 1st Fl. Fr. Vacant $0 2L $1,100 2R $1,900 3R $442 3L $525 Apt. RH1 $1,500 Apt. RH2 $1,500 Apt. RH3 $1,500

The manager has listed the unit size as 6000 square feet.
Unit Size
6,000Ft²
Days on Market
-
Land Size
-
Price per sqft
$417
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1920

Price History

Date / Event Date Event Price
Apr 18, 2023 Sold to Sal Gjenasaj $2,185,000
Sold to Sal Gjenasaj
Mar 13, 2021 Relisted $2,499,000
Relisted
Mar 9, 2021 No longer available -
No longer available
Nov 17, 2020 Listed $2,499,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
Stu
-
-
$2,450,000 Oct 5, 2015
$2,450,000 Jun 30, 2016
-
Condo
Stu
1 Bath
-
$2,200,000 Jun 16, 2017
- Jun 16, 2017
$3,501/mo
Townhouse
Stu
-
-
$2,100,000 Oct 19, 2014
$2,100,000 Mar 9, 2015
-
Townhouse
10 Beds
7 Baths
4,550 ft²
$484/ft²
$2,200,000 May 12, 2022
$2,200,000 Dec 27, 2022
-
House
4 Beds
4 Baths
3,275 ft²
$817/ft²
$2,675,000 Apr 5, 2021
$2,675,000 Aug 18, 2021
$307/mo
Multifamily
4 Beds
3 Baths
1,568 ft²
$1,594/ft²
$2,500,000 Aug 15, 2022
$2,500,000 Jun 1, 2023
-
Multifamily
Stu
-
-
$2,100,000 May 30, 2023
-
$749/mo
Townhouse
Stu
6 Baths
-
$2,200,000 Feb 28, 2023
-
$1,167/mo
Commercial
Loft
-
-
$2,500,000 Oct 13, 2023
-
$1,367/mo
Commercial
Loft
-
-
$2,500,000 Oct 13, 2023
-
$1,124/mo
Commercial
Loft
-
-
$2,300,000 Oct 13, 2023
-
$1,690/mo
Commercial
Loft
-
-
$2,750,000 Oct 13, 2023
-
$1,305/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220825
08/25/2022
Loft
-
6000 ft²
$2,950,000
bedrooms
Loft
bathrooms
-
square feet
6000 ft²
$2,185,000 -25.93%
04/18/2023
Maria Castellano
Brooklyn4U Rltyof DykerHeights
20201104
11/04/2020
12 Bed
9 Bath
6000 ft²
$2,499,000
bedrooms
12 Bed
bathrooms
9 Bath
square feet
6000 ft²
-
-
-
-

Building Info

278 Devoe Street 278 Devoe Street, Brooklyn, NY 11211
  • 7 Units
More about this Building
278 Devoe Street
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About Northern Brooklyn


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