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59 Devoe St

3 Unit Block of Flats £2,734,663 (£911,554/Unit) 4.89% Net Initial Yield Brooklyn, NY 11211

Investment Highlights

  • Storng Cash flow.
  • High-end renovation
  • Prime Location

Executive Summary

Exceptional Investment Opportunity in Prime Williamsburg
Discover a rare chance to own a meticulously gut-renovated high-end property in the heart of one of Williamsburg’s most sought-after neighborhoods. This stunning residence is just a 3-minute walk from both the L and G trains, offering unparalleled convenience and connectivity.
Situated on one of Williamsburg's most picturesque blocks, this property combines modern luxury with timeless charm. The recent renovation ensures top-tier finishes and state-of-the-art amenities, making it a standout in today’s market.
With its robust cash flow and prime location, this property presents an exceptional investment opportunity. Williamsburg's continued growth and popularity promise significant future appreciation, positioning this property as a valuable asset in your portfolio.
Don't miss out on securing a piece of Williamsburg's thriving real estate landscape. Contact us today to explore this unique investment prospect!

Property Facts

Price £2,734,663
Price Per Unit £911,554
Sale Type Investment
Net Initial Yield 4.89%
Sale Conditions 1031 Exchange
No. Units 3
Property Type Residential
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low Rise
Lot Size 0.03 AC
Building Size 2,400 SF
Average Occupancy 100%
Number of Floors 3
Year Built 1910

Unit Amenities

  • Cable Ready
  • Ceiling Fans
  • Kitchen
  • Wooden Floors
  • High Speed Internet Access
  • Yard
  • Family Room
  • Garden
Walk Score ®
Walker's Paradise (97)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code R6B
R6B
  • Listing ID: 32771986

  • Date on Market: 12/08/2024

  • Last Updated:

  • Address: 59 Devoe St, Brooklyn, NY 11211

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