by RH Advisors

Check Availability
$9,250,000
Multifamily - For Sale

9 Devoe Street #BUILDING

Brooklyn, NY 11211
bedrooms
5 Beds
bathrooms
10 Baths, 2 Half Baths
square feet
10800 Sqft
$50,082
Estimated Monthly
$0
HOA / Fees
0.48%
Cap Rate

About This Property

Excellent Investment/Development opportunity in Williamsburg Brooklyn! Standing predominantly at
the corner of Union Avenue and Devoe Street, this beautiful free market, 9 unit, mixed-use corner
property comprises three contiguous buildings on one tax lot and ample FAR to build. Conveniently
located just a short block from the Metropolitan Ave L/G train station, this highly desirable and
bustling area presents tremendous potential for investment and further development.

-430 Union Ave: A Charming 5-family brick residential building with finished basement, two 1-
bedroom units, two Junior 1-bedroom units & one 2-bed/2-bath.

-426 Union Ave (AKA 1-5 Devoe St): Two-story corner retail & office building with basement, offering
2 Units ranging 1600-1800sqft each

-9 Devoe Street: Two-story brick building hosting 2 lofts, each approximately 1200Sqft, complete
with a backyard and roof deck

Additional highlights include a 325 sqft bonus workspace, two legal curb cuts and additional FAR to
build offering further development potential.

All units are free-market and in excellent condition, with tenants currently on month-to-month
leases, except three residential units whose leases expire in 2024.

Lot: 50 x 108
Lot SQFT: 5,400
Building SQFT: 10,800
FAR 4
FAR as built: 2
Zoning: R7A, C2-4

For further details, please don't hesitate to contact me
Unit Size
10,800Ft²
Days on Market
127 days
Land Size
0.12 acres
Price per sqft
$856
Property Type
Multifamily
Property Taxes
$4,662
HOA Dues
-
Year Built
1930
Listed By
Last updated: 2 months ago (RLS #RSFT-00110000000291)

Price History

Date / Event Date Event Price
Dec 22, 2023 Listed by Brick & Mortar LLC $9,250,000
Listed by Brick & Mortar LLC

Property Highlights

Air Conditioning
Interior Details

Bedroom Information

Bedrooms: 5

Bathroom Information

Full Bathrooms: 8
Half Bathrooms: 2

Interior Information

Living Area: 10800

Room Information

Laundry Features: Building In Basement
Rooms: 21
Exterior Details

Property Information

Year Built: 1930

Building Information

Pets Allowed: Building Yes, Yes

Lot Information

Lot Size Dimensions: x

Land Information

Tax Lot: 1
Tax Block: 2761

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
4 Beds
4 Baths
9,000 ft²
$1,028/ft²
$9,250,000 Jan 31, 2022
$9,250,000 Sep 17, 2022
-
Commercial
Loft
-
-
$6,250,000 Mar 27, 2019
$6,250,000 Jan 30, 2020
$1,960/mo
Commercial
Loft
-
7,000 ft²
$1,213/ft²
$8,488,888 Dec 26, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

9 Devoe Street 9 Devoe Street, Brooklyn, NY 11211
  • 6 Units
  • 1 Unit for Sale
More about this Building
9 Devoe Street
Want to find out who owns 9 Devoe Street, Brooklyn, NY 11211? Get detailed property transactions here .

About Northern Brooklyn


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