59 Devoe Street, Brooklyn, NY 11211
Local realty services provided by:CENTURY 21 Awaye Realty
59 Devoe Street,Brooklyn, NY 11211
$2,995,000
- 7 Beds
- 6 Baths
- 2,400 sq. ft.
- Multi-family
- Pending
Listed by: nicholas andrew hovsepian, leslie a marshall, stephanie wilberding
Office: corcoran group
MLS#:RLS20068888
Source:NY_REBNY
Price summary
- Price:$2,995,000
- Price per sq. ft.:$1,247.92
About this home
<strong>Meet 59 Devoe Street, a rare fully-occupied Williamsburg investment property offering a cap rate of 5.85%. </strong><br> Set on a quiet, picturesque block just moments from both the L and G trains, this fully renovated three-family townhouse pairs clean, modern interiors with strong, reliable income in one of Brooklyn's most consistently high-performing neighborhoods.<br> Configured as <strong>sweet floor-through residences</strong>, each home offers generous proportions, two full bathrooms, and the kind of thoughtful renovation that attracts and retains excellent tenants. The layouts feel intentional, the finishes feel current, and the building has been meticulously updated from top to bottom - allowing the next owner to step into a truly turnkey asset.<br> With <strong>nearly $200,000 in annual rent roll</strong> and a <strong>5.85% cap rate</strong>, the property delivers immediate cash flow alongside long-term appreciation in a location that continues to outperform.<br> The 20' x 50' building sits comfortably on a 20' x 75' lot, providing full-width living on each level and the type of scale rarely found in typical Brooklyn multifamily inventory.<br> Essentials
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Home facts
- Year built:1910
- Listing ID #:RLS20068888
- Added:33 day(s) ago
- Updated:March 02, 2026 at 04:55 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:6
- Full bathrooms:6
- Rooms Total:14
- Basement:Yes
- Living area:2,400 sq. ft.
Heating and cooling
- Cooling:Central Air
Structure and exterior
- Year built:1910
- Building area:2,400 sq. ft.
- Exterior Features:Patio
- Levels:3 Story
Finances and disclosures
- Price:$2,995,000
- Price per sq. ft.:$1,247.92
- Tax amount:$4,776
Features and amenities
- Appliances:WasherDryerAllowed
- Laundry features:Washer Dryer Allowed
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