227 Devoe St Brooklyn, NY 11211
East Williamsburg NeighborhoodEstimated payment $20,048/month
About This Home
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 Details
Home Type
- Multi-Family
Est. Annual Taxes
- $35,785
Year Built
- Built in 1920
Parking
- On-Street Parking
Home Design
- Triplex
- Frame Construction
Schools
- Ps 132 Conselyea Elementary School
- Lyons Community Middle School
- Progress Hs-Professional Careers High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
Additional Features
- Basement Fills Entire Space Under The House
- 2,500 Sq Ft Lot
Community Details
- 10 Units
Listing and Financial Details
- Assessor Parcel Number 02916-0065
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $33,297 | $535,050 | $6,750 | $528,300 |
| 2025 | $30,836 | $522,450 | $6,750 | $515,700 |
| 2024 | $30,836 | $652,950 | $6,750 | $646,200 |
| 2023 | $28,015 | $561,150 | $6,750 | $554,400 |
| 2022 | $27,872 | $650,700 | $6,750 | $643,950 |
| 2021 | $26,727 | $524,250 | $6,750 | $517,500 |
| 2019 | $23,741 | $550,800 | $6,750 | $544,050 |
| 2018 | $22,344 | $175,675 | $2,338 | $173,337 |
| 2017 | $22,344 | $175,675 | $2,717 | $172,958 |
| 2016 | $21,946 | $170,229 | $2,983 | $167,246 |
| 2015 | $13,615 | $157,620 | $3,316 | $154,304 |
| 2014 | $13,615 | $145,945 | $3,514 | $142,431 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/27/2026 09/27/26 | For Sale | $2,999,999 | -- | $800 / Sq Ft |
Source: OneKey® MLS
MLS Number: 1055840
APN: 02916-0065
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Based on information submitted to the MLS GRID
Listings courtesy of OneKey® MLS as distributed by MLS GRID
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