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Off market
  • $2,519,200

    48 Devoe St, Brooklyn, NY 11211

    4beds
    2,160sqft
    MultiFamily
    Built in 1901
    -- sqft lot
    $2,519,200 Zestimate®
    $1,166/sqft
    $6,224 Estimated rent

    Home value

    $2,519,200

    $2.24M - $2.85M

    $6,224/mo

    Zestimate® history
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    $6,224/mo

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    $6,224/mo

    Rent Zestimate®

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    $12,162/mo

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    $12,162/mo

    Est. payment

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    What's special

    Backyard patio areaLower duplexUpper duplexLorimer l train residentWindowed kitchensVideo securityLarge storage area

    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.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Appliances
    • Included: Dishwasher, Dryer, Washer
    Interior area
    • Total interior livable area: 2,160 sqft

    Property

    Lot
    • Size: 988 sqft
    Details
    • Parcel number: 027670029

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1901

    Community & neighborhood

    Location
    • Region: Brooklyn

    Price history

    DateEventPrice
    9/21/2022Sold$2,250,000$1,042/sqft
    Source: Public Record Report a problem
    5/28/2022Listing removed--
    Source: StreetEasy Report a problem
    5/10/2022Pending sale$2,250,000$1,042/sqft
    Source: StreetEasy Report a problem
    3/23/2022Listed for sale$2,250,000+21.2%$1,042/sqft
    Source: StreetEasy Report a problem
    11/10/2016Sold$1,856,210-7.2%$859/sqft
    Source: Public Record Report a problem
    8/27/2015Listing removed$1,999,999$926/sqft
    Source: Crifasi Real Estate Inc #2772669 Report a problem
    7/2/2015Price change$1,999,999-4.8%$926/sqft
    Source: Crifasi Real Estate Inc #2772669 Report a problem
    5/27/2015Price change$2,100,000+0%$972/sqft
    Source: Crifasi Real Estate, Inc. Report a problem
    4/20/2015Price change$2,099,000-2.3%$972/sqft
    Source: Corcoran #3380241 Report a problem
    4/2/2015Price change$2,149,000-2.3%$995/sqft
    Source: Corcoran #3380241 Report a problem
    2/20/2015Price change$2,199,000-2.3%$1,018/sqft
    Source: Corcoran #3380241 Report a problem
    11/21/2014Listed for sale$2,250,000+13.9%$1,042/sqft
    Source: Corcoran #3380241 Report a problem
    2/19/2014Listing removed$1,975,000$914/sqft
    Source: The Address Group Report a problem
    2/13/2014Price change$1,975,000+9.1%$914/sqft
    Source: The Address Group Report a problem
    12/18/2013Listed for sale$1,810,000$838/sqft
    Source: The Address Group Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,201 +1.5%$126,120 +26.6%
    2024$7,093 $99,600 -1.3%
    2023-- $100,920 +4.8%
    2022-- $96,300 -8.8%
    2021-- $105,600 +5%
    2020$6,401 +2.8%$100,560 +11.7%
    2019$6,229 +7.3%$90,000 +224.2%
    2018$5,808 +8.8%$27,764 +6%
    2017$5,339 +8.4%$26,193 +3.9%
    2016$4,928 $25,200
    2015$4,928 +146.7%$25,200
    2014$1,997 $25,200 +4.4%
    2013-- $24,145 +65.1%
    2012-- $14,628 +6%
    2011-- $13,800 +11.5%
    2010-- $12,378 +5.8%
    2009-- $11,694 +4.4%
    2008-- $11,197 +4.7%
    2007-- $10,699 +3.6%
    2006-- $10,326 +0.1%
    2005-- $10,315 +5.8%
    2004-- $9,745 +4.4%
    2003-- $9,331 +4.7%
    2002-- $8,916 +3.6%
    2001-- $8,605 +0.1%
    2000-- $8,596

    Find assessor info on the county website

    Neighborhood: Williamsburg

    Nearby schools

    GreatSchools rating