131 Devoe Street #PH
About This Property
A sublime Williamsburg penthouse boasting elegant finishes and a 1,709 sq. ft. wraparound terrace, this 2-bedroom, 2-bathroom condo is a portrait of contemporary Brooklyn luxury. Features of the home include gorgeous white oak floors, oversized windows, central heating and cooling, and a convenient in-unit washer/dryer from Whirlpool.
Past a tasteful entry foyer adorned with a coat closet, the home flows into an open-concept living room, dining room, and kitchen. The living area leads out onto a terrace perfect for al fresco dining or sun lounging, while the kitchen is equipped with sleek Caesarstone waterfall countertops, a matching backsplash, custom cabinets, and a suite of fully-integrated high-end appliances from Liebherr and Bosch.
The master bedroom possesses a reach-in closet and an immaculate en-suite bathroom with floor-to-ceiling textured porcelain tiles, Kohler and Moen fixtures, an Orren Ellis vanity, and a deep soaking tub. The second bedroom has its own reach-in closet and easy access to a second full bathroom. Both bedrooms have direct access to the terrace. The terrace has a built-in grill.
A collaboration between experienced New York builders, Saddle Rock Equities and Eisner Design, The Devoe is a refined boutique condominium nestled in the trendy neighborhood of Williamsburg. It is surrounded by a diverse array of restaurants, bars, cafes, and shops, and is close to McCarren, Cooper, and Sternberg Parks. Amenities include a 500 sq. ft. gym with state-of-the-art equipment, a virtual doorman system, a bicycle room, private storage and on-site parking for purchase, and a spacious rooftop deck with dining furniture, a grill and utility sink, and picturesque views of the Brooklyn and Manhattan skylines. The L subway line is around the corner.
THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD18-0284.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 24, 2021 | No longer available | - | |
| No longer available | |||
| Apr 23, 2021 | Sold | ||
| Sold | |||
| Nov 5, 2020 | In contract | - | |
| In contract | |||
| Sep 21, 2020 | Listed by Serhant LLC | $1,500,000 | |
| Listed by Serhant LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/08/2025
|
2 Bed
|
1 Bath
|
827 ft²
|
$1,295,000
2 Bed
1 Bath
827 ft²
|
$1,200,000
-7.34%
01/16/2026
|
Jr Dugan
Elegran LLC
| |
|
03/18/2024
|
3 Bed
|
2 Bath
|
1161 ft²
|
$1,950,000
3 Bed
2 Bath
1161 ft²
|
$1,865,000
-4.36%
06/14/2024
|
Alessandro Silaco
Corcoran Group
| |
|
02/01/2023
|
Studio
|
1 Bath
|
527 ft²
|
$725,000
Studio
1 Bath
527 ft²
|
$722,500
-0.34%
05/12/2023
|
Hannah Bomze
Casa Blanca Real Estate
| |
|
03/08/2022
|
3 Bed
|
2 Bath
|
1161 ft²
|
$1,850,000
3 Bed
2 Bath
1161 ft²
|
$1,850,000
05/19/2022
|
Ryan S Roberts
Douglas Elliman Real Estate
| |
|
07/16/2021
|
3 Bed
|
2 Bath
|
1161 ft²
|
$1,750,000
3 Bed
2 Bath
1161 ft²
|
$1,775,000
+1.43%
08/31/2021
|
Ryan Serhant
Serhant LLC
| |
|
04/05/2021
|
3 Bed
|
2 Bath
|
1161 ft²
|
$1,725,000
3 Bed
2 Bath
1161 ft²
|
$1,735,000
+0.58%
06/02/2021
|
Ii Hayes
Serhant LLC
| |
|
04/02/2021
|
Studio
|
1 Bath
|
527 ft²
|
$660,000
Studio
1 Bath
527 ft²
|
$660,000
05/28/2021
|
James J. Healey II
Country Village Realty/BH&G
| |
|
03/25/2021
|
2 Bed
|
1 Bath
|
827 ft²
|
$1,200,000
2 Bed
1 Bath
827 ft²
|
$1,300,000
+8.33%
06/10/2021
|
Jennifer Alese
Serhant LLC
| |
|
12/03/2020
|
2 Bed
|
1 Bath
|
827 ft²
|
$1,095,000
2 Bed
1 Bath
827 ft²
|
$1,095,000
05/28/2021
|
James J. Healey II
Country Village Realty/BH&G
| |
|
11/05/2020
|
2 Bed
|
1 Bath
|
827 ft²
|
$1,315,000
2 Bed
1 Bath
827 ft²
|
$1,300,000
-1.14%
04/23/2021
|
James J. Healey II
Country Village Realty/BH&G
| |
|
10/05/2020
|
3 Bed
|
2 Bath
|
1161 ft²
|
$1,650,000
3 Bed
2 Bath
1161 ft²
|
$1,780,000
+7.88%
09/05/2023
|
John Bataille
Nest Seekers International
| |
|
09/21/2020
|
2 Bed
|
2 Bath
|
1002 ft²
|
$1,500,000
2 Bed
2 Bath
1002 ft²
|
$1,465,000
-2.33%
04/23/2021
|
Ryan Serhant
Serhant LLC
| |
|
09/14/2020
|
Studio
|
1 Bath
|
527 ft²
|
$650,000
Studio
1 Bath
527 ft²
|
$605,000
-6.92%
04/28/2021
|
Ii Hayes
Serhant LLC
| |
|
08/06/2020
|
Studio
|
1 Bath
|
527 ft²
|
$600,000
Studio
1 Bath
527 ft²
|
$590,000
-1.67%
06/24/2021
|
James J. Healey II
Country Village Realty/BH&G
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017