59 DEVOE Street
MLS® #RLS20068888
Listing by Corcoran Group
7
Bedrooms
6
Baths
2,400
Sq. Ft.
1910
Year Built
Quick Summary
Property Highlights
- Views: Other
- Outdoor Space: Patio
- Climate Control: Central Air
Property Details
Description
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
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Appliances
Building Information
Financial Details
About Williamsburg
View All Williamsburg ListingsWilliamsburg is the global face of Brooklyn's cultural and residential renaissance. Defined by its stunning waterfront parks and the iconic L-train connection to Manhattan, the neighborhood offers a high-energy lifestyle. The real estate market is dominated by sleek, glass-walled luxury condominiums along the East River, alongside historic warehouse conversions and boutique new developments that cater to a diverse and trendy population.
Williamsburg Live Market Data
View NeighborhoodActive Listings
124
Median Asking Price
$2.20M
Median $/Sqft
$1,761
Avg Days on Market
N/A
New This Week
26
Price Reduced
14%
Sold (30 Days)
13
Median Sale Price
$1.31M
Live data from RLS at REBNY • Updated 2/16/26, 3:27 AM EST
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Location
59 DEVOE Street, Williamsburg, Kings County
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
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Listing Courtesy of Corcoran Group - Nicholas Andrew Hovsepian
Listing Contact: (310) 748-8668
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RLS Data display by Keller Williams NYC. Data last updated on 2/16/2026 at 8:27 AM UTC