$1,750,000
●
Townhouse -
Off Market
57 DEVOE ST #1
Brooklyn, NY 11211
5 Beds
3 Baths
$2,634,673
RealtyHop Estimate
50.55%
Since Oct 1, 2017
NY-New York
Primary Model
About This Property
Back on the Market!
Incredible opportunity to own a 2-Family Townhouse in the Heart of Williamsburg!
This amazing home is ideally situated on the beautifully tree lined Devoe St, just around the corner from the Lorimer L train. Currently set up as three rental units, this property offers unlimited potential to design your new home exactly how you'd like it!
The building's southern exposure floods this home with natural sunlight all day, making each of the units very bright.
The spacious yard features a custom-built deck perfect for entertaining, sunbathing or just relaxing in your new backyard hideaway.
This location cannot be beat! Located in the Town House section of Williamsburg, this home is just down the block from Fortunato Brother's Bakery, around the corner from Bagelsmith and the Lorimer L, Zona Rosa, True North Coffee Roasters and the Old School Brooklyn hot spots that the neighborhood still loves like Lorimer Market, Carmine's Pizza and Sports Bar and so much more.
Situated on a 20 x 75 lot, the property also offers incredible development potential with the opportunity to also purchase 59 Devoe St, giving you a 40 x 75 lot with a FAR of 2.
Incredible opportunity to own a 2-Family Townhouse in the Heart of Williamsburg!
This amazing home is ideally situated on the beautifully tree lined Devoe St, just around the corner from the Lorimer L train. Currently set up as three rental units, this property offers unlimited potential to design your new home exactly how you'd like it!
The building's southern exposure floods this home with natural sunlight all day, making each of the units very bright.
The spacious yard features a custom-built deck perfect for entertaining, sunbathing or just relaxing in your new backyard hideaway.
This location cannot be beat! Located in the Town House section of Williamsburg, this home is just down the block from Fortunato Brother's Bakery, around the corner from Bagelsmith and the Lorimer L, Zona Rosa, True North Coffee Roasters and the Old School Brooklyn hot spots that the neighborhood still loves like Lorimer Market, Carmine's Pizza and Sports Bar and so much more.
Situated on a 20 x 75 lot, the property also offers incredible development potential with the opportunity to also purchase 59 Devoe St, giving you a 40 x 75 lot with a FAR of 2.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Townhouse
Property Taxes
$295
HOA Dues
-
Year Built
1910
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago ( #NEST-52676)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 14, 2018 | Listed | $1,750,000 | |
| Listed | |||
| | |||
|
Incredible opportunity to own a 2-Family Townhouse in the Heart of Williamsburg!
This amazing home is ideally situated on the beautifully tree lined Devoe St, just around the corner from the Lorimer L train. Currently set up as three rental units, this property offers unlimited potential to design your new home exactly how youd like it!
The buildings southern exposure floods this home with natural sunlight all day, making each of the units very bright.
The spacious yard features a custom-built deck perfect for entertaining, sunbathing or just relaxing in your new backyard hideaway.
This location cannot be beat! Located in the Town House section of Williamsburg, this home is just down the block from Fortunato Brothers Bakery, around the corner from Bagelsmith and the Lorimer L, Zona Rosa, True North Coffee Roasters and the Old School Brooklyn hot spots that the neighborhood still loves like Lorimer Market, Carmines Pizza and Sports Bar and so much more.
Situated on a 20 X 75 lot, the property also offers incredible development potential with the opportunity to also purchase 59 Devoe St, giving you a 40 X 75 lot with a FAR of 2
| |||
| Sep 13, 2017 | Listed by BOLD New York | $1,750,000 | |
| Listed by BOLD New York | |||
| Sep 13, 2017 | Sold | ||
| Sold | |||
Property Highlights
Interior Details
Appliances: Washer Dryer
Rooms: 15
Exterior Details
Property Condition: Good
PropertySubType: Townhouse
Financial Details
Tax Annual Amount: $3,540
Flip Tax Remarks: NA
Tax Deduction Remarks: NA
Location Details
Pets Allowed: Unit Yes, Building Yes
Percent Of Common Elements: 100
Other Details
Coexclusive: No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/13/2017
|
5 Bed
|
3 Bath
|
2583 ft²
|
$1,750,000
5 Bed
3 Bath
2583 ft²
|
-
-
|
Paula Manna
Bold New York
| |
|
09/13/2017
|
5 Bed
|
3 Bath
|
-
|
$1,750,000
5 Bed
3 Bath
|
$1,750,000
09/13/2017
|
Paula Manna
Bold New York
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017