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59 DEVOE Street
59 DEVOE Street
59 DEVOE Street
59 DEVOE Street
59 DEVOE Street
59 DEVOE Street
59 DEVOE Street
59 DEVOE Street
59 DEVOE Street
59 DEVOE Street
SEE ALL PHOTOS
59 DEVOE Street
59 DEVOE Street
59 DEVOE Street
59 DEVOE Street
59 DEVOE Street
59 DEVOE Street
59 DEVOE Street
59 DEVOE Street
59 DEVOE Street
59 DEVOE Street
Sold

59 DEVOE Street

59 DEVOE Street, Brooklyn, NY 11211

$2,989,000
Meet 59 Devoe Street, a rare fully-occupied Williamsburg investment property offering a cap rate of 5.85%.
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.
Configured as sweet floor-through residences, 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.
With nearly $200,000 in annual rent roll and a 5.85% cap rate, the property delivers immediate cash flow alongside long-term appreciation in a location that continues to outperform.
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.
Essentials

7
beds

6
baths

2,400 Sq.Ft. LIVING AREA

1,500 Sq.Ft. lot

Nick Hovsepian

Nick Hovsepian

Features & Amenities

Interior

  • total bedrooms7
  • Total bathrooms6
  • full bathrooms6
  • Laundry room Washer Hookup, In Unit
  • APPLIANCES Washer Dryer Allowed
  • other interior Features Smoke Free

Area & Lot

  • Status Sold
  • Living Area2,400 Sq.Ft.
  • Total Area2,400 Sq.Ft.
  • Lot Area1,500 Sq.Ft.
  • MLS® IDRLS20068888
  • TypeTownhouse
  • YEAR BUILT1910
  • NeighborhoodWilliamsburg
  • View DescriptionOther

Exterior

  • STORIES3
  • AIR CONDITIONINGCentral Air
  • other exterior FeaturesPrivate Outdoor Space Over 60 Sqft

Financial

  • Sales Price$2,989,000
  • Real Estate Tax $4,776/yr

Williamsburg

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Whether you’re buying your first home, selling a trust property, or navigating a probate sale, my goal is always the same: to provide honest guidance, strong advocacy, and a smooth experience from beginning to end. Real estate is about people, not just properties. I would be honored to help you take your next step.

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