$2,999,999
 $16,105 est/mo Sourced by Back At You

227 Devoe Street,Brooklyn, NY 11211

Brooklyn, NY 11211

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Description

Excellent investment opportunity in Williamsburg. 227 Devoe Street consists of two separate buildings with five residential units in each, for a total of 10 apartments. Three apartments will be delivered vacant, including a spacious 4-bedroom owner's unit with direct access to the backyard, providing immediate rental upside and flexibility for an owner-user or investor. The property has been well maintained and updated throughout. The exterior, roof, and boiler have all been renovated or replaced within the last five years, and the building has been consistently kept in excellent condition. Conveniently located near public transportation, shopping, restaurants, and neighborhood amenities, this is a solid Williamsburg multifamily investment with strong existing income and additional upside. Ideal for investors, owner-users, 1031 exchange buyers, or those seeking a multifamily asset with substantial potential and a future value-add strategy. Set-up with rental income available upon request.

Details

MLS #1055840
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1920
Days On Site45
Listing Provided ByAttias Property Group Inc | Rene Attias

Features

SQ Feet3,750
BasementY
Units10
Acreage0.06

Interior

CoolingWall/Window Unit(s)
HeatingNatural Gas, Other
Interior FeaturesOther

Exterior

Construction MaterialsFrame

Parking

Garage Yes / NoNo
Parking FeaturesOn Street

Utilities

UtilitiesElectricity Connected
SewerPublic Sewer

Taxes

Tax Year2026
Tax Assessed Value535050
Tax Annual Amount35785.4

Area Information

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11211
School DistrictProgress Hs-Professional Careers
Elementary SchoolPs 132 Conselyea School
High SchoolProgress Hs-Professional Careers
Listing VS Median (in 11211)
Price:
$2,999,999
low | high
Med:
$1,982,500
83.916644638882% of Average
sqft:
3,750
low | high
Med:
1,612
100% of Average
$ / sqft:
$800
low | high
Med:
$1,369
21.118720082426% of Average
On site:
45
low | high
Med:
153
29.411764705882% of Average
Sourced by Back At You

Market Activity 11211

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Learn More About This Property

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11211
School DistrictProgress Hs-Professional Careers
Elementary SchoolPs 132 Conselyea School
High SchoolProgress Hs-Professional Careers
Listing VS Median (in 11211)
Price:
$2,999,999
low | high
Med:
$1,982,500
83.916644638882% of Average
sqft:
3,750
low | high
Med:
1,612
100% of Average
$ / sqft:
$800
low | high
Med:
$1,369
21.118720082426% of Average
On site:
45
low | high
Med:
153
29.411764705882% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $2.249M - $3.749M
sqft: 2,500 - 4,500
Nearby Listings Property ImageNearby Listings Details
382 Manhattan Avenue Property Photo 1
$3,099,000
382 Manhattan Avenue
Brooklyn, NY 11211
Listing Updated: September 28, 2026 at 9:28:51 PM PDT
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