185 DEVOE Street #H
About This Property
Three stops to Manhattan (10 minutes to Union Square), this location offers all you could want. While this house is perfectly situated on a quiet, tree-lined street, it's just two short blocks from the vibrant Metropolitan/Graham Ave intersection with its abundance of amazing restaurants, bars, and specialty shops. Dog-friendly Cooper Park is just a few blocks east.
185 Devoe St is a two-story home. The first floor consists of a two-bed/1 bath apartment with a garden. The sunny upstairs apartment is also a two-bed/1 bath with the additions of storage and a small side room off of the master bedroom. The basement is partially finished and features laundry and a bath. Recent upgrades include a brand new boiler and a brand new roof.
Lot size: 1,800 sqft (24 ft x 75 ft).
Allowed usable floor area: 3,600 sqft.
FAR: 0.75; MAX FAR: 2
Zoning: R6B
Taxes at only $271 a month.
Will be delivered vacant.
Architectural plans have been approved by the city to build a 5 unit condominium. Plans available to buyers free of charge. Two blocks to the Graham Ave L train and 5 blocks to the Metropolitan Ave G train.
BRING ALL OFFERS!
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Cap Rate Calculator
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%.
How much can I actually make?
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 |
|---|---|---|---|
| Nov 26, 2019 | Sold | ||
| Sold | |||
| Jul 19, 2018 | Listed by Brick & Mortar LLC | $1,800,000 | |
| Listed by Brick & Mortar LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/01/2024
|
4 Bed
|
3 Bath
|
1925 ft²
|
$1,700,000
4 Bed
3 Bath
1925 ft²
|
$1,850,000
+8.82%
01/29/2025
|
Angelica Blotkevich
Brick & Mortar LLC
| |
|
09/18/2020
| |
Loft
|
-
|
-
|
$1,850,000
Loft
-
|
$1,850,000
01/30/2021
|
Angelica Blotkevich
Brick & Mortar LLC
|
|
07/19/2018
|
Loft
|
3 Bath
|
-
|
$1,800,000
Loft
3 Bath
|
$1,800,000
11/26/2019
|
Angelica Blotkevich
Brick & Mortar LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017