171 Devoe Street #1
About This Property
Approximate Lot Size: 22ft x 100ft Approximate Building Size: 20ft x 30ft Zoning: R6B FAR as built: .73 Max FAR: 2 Current Usable floor area: 1608sqft Maximum usable floor area: 4400sqft
This property is perfectly situated only block from the Graham Ave L Train Station, shopping and restaurants like Carmine's Pizzeria, DeStefano's Steakhouse, Fortunato Brothers etc are just a short walk away.
All Information is not guaranteed and should be independently verified.
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What does this mean?
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.
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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 |
|---|---|---|---|
| Jun 4, 2020 | No longer available | - | |
| No longer available | |||
| Jun 1, 2020 | Sold | ||
| Sold | |||
| Mar 7, 2020 | In contract | - | |
| In contract | |||
| Dec 28, 2019 | No longer available | - | |
| No longer available | |||
| Nov 6, 2019 | Listed by Compass | $1,400,000 | |
| Listed by Compass | |||
| | |||
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You Can't Beat this Location! New Development in the heart of Williamsburg, 2 blocks from Subway!
Welcome to 171 Devoe Street, a brand new boutique condominium building nestled on a beautiful and quiet tree-lined block in Prime Williamsburg. This modern six-unit new building features three bright and beautifully laid out one-bedroom apartments, two airy duplexes and a very special two-bedroom penthouse with a private 300 square foot terrace. All units come with private outdoor space and a dedicated storage room in the basement.
All residences at 171 Devoe Street feature smart and efficient layouts, wide white oak hardwood floors, elegant open Nolte kitchens with built-in stainless steel appliances and vented washer/dryer, heating and air conditioning with multiple zones, sleek custom European cabinetry, high-end Pella windows and elegant minimalist design. Bathrooms are large and stylish and feature porcelain tiles, deep soaking tubs, vanities with additional storage and luxurious radiant floor heating as well as heated towel racks.
All units offer private outdoor space and the building features its own shared roof deck with expansive Manhattan views. All of these amenities in an unbeatable location make these apartments a fantastic investment and one-of-a-kind homes.
171 Devoe Street is surrounded by the neighborhood's best restaurants, bars, cafes and shops around the corner on Graham and Metropolitan Avenue. Do not miss this unique opportunity to live on a serene residential block just minutes from all of the exciting attractions that Williamsburg has to offer, just 3 subway stops from Manhattan. Contact us today to schedule a private showing.
Unit 1 is a listed in the offering plan as a two-bedroom/two-and-a-half bathroom apartment.
The complete offering terms are in an offering plan available from the sponsor. File #: CD18-0173 The 171 Devoe Street Condominium Offering Plan.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/28/2020
|
1 Bed
|
1 Bath
|
-
|
$695,000
1 Bed
1 Bath
|
$685,000
-1.44%
10/02/2020
|
Daniel Cohen
Corcoran Group
| |
|
11/06/2019
|
2 Bed
|
3 Bath
|
1445 ft²
|
$1,400,000
2 Bed
3 Bath
1445 ft²
|
$1,400,000
06/01/2020
|
Esther Patten
Compass
| |
|
10/04/2019
|
2 Bed
|
2 Bath
|
1081 ft²
|
$1,425,000
2 Bed
2 Bath
1081 ft²
|
$1,305,000
-8.42%
06/18/2020
|
Esther Patten
Compass
| |
|
10/01/2019
|
2 Bed
|
1 Bath
|
743 ft²
|
$950,000
2 Bed
1 Bath
743 ft²
|
$967,338
+1.83%
05/19/2020
|
Yuval Vidal
Compass
| |
|
09/18/2019
|
1 Bed
|
1 Bath
|
492 ft²
|
$615,000
1 Bed
1 Bath
492 ft²
|
$646,589
+5.14%
05/11/2020
|
Esther Patten
Compass
| |
|
09/18/2019
|
1 Bed
|
1 Bath
|
525 ft²
|
$646,589
1 Bed
1 Bath
525 ft²
|
$646,589
05/13/2020
|
Esther Patten
Compass
| |
|
12/06/2016
|
3 Bed
|
1 Bath
|
1600 ft²
|
$1,595,000
3 Bed
1 Bath
1600 ft²
|
$1,315,000
-17.55%
03/28/2017
|
Rocki Barska
Native Real Estate LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017