$2,250,000
Updated 4 years ago
Sold

48 Devoe Street

Williamsburg, Brooklyn | Union Ave & Lorimer Street

10 Rooms4 Beds2 Baths2,160 Square FeetMulti-Family

$2,250,000
floors / apts4 / 2
Lot Size18'x55'
Built Size18'x30'
ZoneR6
Building TypeTownhouse
RE Taxes$6,036
Price Per SF
$1,042

This property was sold for $2,250,000 on 09/08/22.

Listing Features

  • Through The Wall

Outdoor space and views

  • Backyard
  • Deck
  • Patio
  • Empire State Bldg

Building Amenities

  • Video Intercom
  • Garden
  • Laundry Room
  • Outdoor Parking
  • Roof Deck

Property Description for 48 Devoe Street

48 Devoe St is a perfectly renovated & turnkey home on coveted and tree-lined Devoe St between Union Ave and Lorimer Street. The home offers incredible rental income for an end user or investor. This four story gem consists of an upper duplex with roofdeck potential, over the lower duplex with basement and a backyard. Either unit would work for an end user with the rental unit income covering a majority of the home’s monthly expenses. The townhouse features: Anderson casement windows, oak hardwood floors, recessed lighting, Frederich's AC units, baseboard heating, high ceilings, stainless appliances, a gas & vented washer/dryer in each unit, windowed kitchens, granite countertops, video security, and even a secure package drop bin for deliveries. The facade is in excellent shape and there are Empire State Building views from the top floor. The first unit boasts an open concept living room, an eat in kitchen and dining area. From there you step out onto your backyard patio area, ideal for entertaining, gardening, or dining al fresco. Second floor includes a bedroom, full bathroom, and a den/home office. There is also access to a maintained basement with washer/dryer and tons of storage. Rental income for the lower unit is conservatively estimated to be $5500. The upper duplex is larger than below because of eliminated stairwells, opening things up for an impressive living room which flows into an eat-in-kitchen, with a large storage area under the staircase. The primary bedroom is almost 250 sq ft in size and the south-facing second bedroom overlooks the backyard and other townhouse gardens. The upper unit can easily generate $5,000/mo. As a Lorimer L train resident of over 10 years, the location cannot be beat, with most in the neighborhood agreeing Powers, Ainslie, and Devoe are the most coveted townhouse streets in Williamsburg. You cannot walk down the block without greeting at least a neighbor or two, creating a quaint city suburban feel and community. Located 1 block from the Lorimer L and Metropolitan G trains, a Citibike station, a short distance from McCarren Park, and surrounded by the best nightlife & restaurants in Brooklyn. *First floor tenant in place until early August. Upper duplex can be delivered vacant. Easy to show the upper duplex, however lower unit showings available for serious buyers on second visits.

Building Details for 48 Devoe Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVideo Intercom
AgePre-War
AccessWalk-up
Year Built1901
Financing Allowed90%
Floors/Apts4/2
Learn More About the Building

Transit and Citi Bike

Subway

Lorimer St
0.07 miles
Metropolitan Av
0.09 miles
Graham Av
0.31 miles
Hewes St
0.47 miles
Bedford Av
0.48 miles

Citi Bike

Devoe St & Lorimer St
0.03 miles
Hope St & Union Ave
0.13 miles

Contact Agents

Contact Agents

Williamsburg | Brooklyn

Quick Profile

Equal parts family-friendly and millennial haven/nightlife destination, Williamsburg offers the best of all worlds. Whether by night or by day, the ‘Burg has endless options for every type of personality and interest--which has only increasingly become the case after the neighborhood was rezoned in 2005. With the floodgate opened for more varied types of businesses, Williamsburg saw one of the highest rates of development in the past decade than any other part of Brooklyn. 

Referred to as “Little Berlin” for its late night and club-oriented nature, Williamsburg works as hard as it plays. Apart from the Clubland concentrated around Wythe Avenue, there is also a slew of offices (like 25 Kent Avenue, a sprawling eight-floor, 500,000-square foot waterfront building) and co-working spaces such as WeWork, The Yard and Green Desk that make it an ideal location for the corporate-, startup- and tech-oriented set. 

With more offices setting their sights on this part of Brooklyn, it only makes sense that more people want to live close to where they work. Apart from your average walk-up apartment, W-burg has famously become home to numerous condos along the waterfront that continue to grow and expand in concert with the businesses and corporate hubs that have entered the environment. 

Even with its many and undeniable changes, however, Williamsburg remains an arts-friendly community, particularly with regard to music and literature. While DIY spaces have come and gone, certain staples have persisted to become institutions that still provide a place for up and coming musicians to perform. On the literary front, long-standing indie bookstores like Spoonbill and Sugartown and Book Thug Nation have paved the way for others to cross the river, namely McNally Jackson Books. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 44306TH