Thomas Cipriano
Thomas Cipriano
Call: (917) 881-6855
Text: (917) 881-6855
MLS#1055840
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLBrooklyn 14
Property Description
Excellent investment opportunity in Williamsburg. 227 Devoe Street consists of two separate buildings with five residential units in each, for a total of 10 apartments. Three apartments will be delivered vacant, including a spacious 4-bedroom owner's unit with direct access to the backyard, providing immediate rental upside and flexibility for an owner-user or investor. The property has been well maintained and updated throughout. The exterior, roof, and boiler have all been renovated or replaced within the last five years, and the building has been consistently kept in excellent condition. Conveniently located near public transportation, shopping, restaurants, and neighborhood amenities, this is a solid Williamsburg multifamily investment with strong existing income and additional upside. Ideal for investors, owner-users, 1031 exchange buyers, or those seeking a multifamily asset with substantial potential and a future value-add strategy. Set-up with rental income available upon request.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: Wall/Window Unit(s)
Heating: Natural Gas, Other
Lot Size: 0.06 Acres
Taxes: $35,785
Year Built: 1920
Amenities
Other
Feature Descriptions
Building Area Total: 3750
Exterior: Frame
On Market Date: 2026-09-27
Parcel Number: 02916-0065
Parking Features: On Street
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 10
Utilities: Electricity Connected
Water: Public
Local Schools
High School: Progress Hs-Professional Careers
Middle School: Lyons Community School
Elementary School: Ps 132 Conselyea School
School District: Brooklyn 14
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Estimated Payment
$ 10,533.78 per month $6,676.70 Principal & Interest $2,982.08 Property Tax $875.00 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Attias Property Group Inc
Agency Phone: 646-644-5487
Shown By
Agent Name: Thomas Cipriano
Agent Phone: (917) 881-6855
Agency Title: Laffey Real Estate
227 Devoe Street | MLS# 1055840
This multi-family property located at 227 Devoe Street , Brooklyn, NY 11211 is currently listed for sale with an asking price of $2,999,999. Devoe Street is located within the Brooklyn 14 school district. Search Brooklyn real estate on thomascipriano.laffey.com today.