NOT LISTED FOR SALE

Estimated Value: $3,865,627

5 Beds
5.5 Baths
3,775 Sq Ft
$1,024/Sq Ft Est. Value

Last Sold February 27, 2020

Last sale price $4,400,000 $1,166 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $20,849/month

223 Days on Market

Highlights

  • Rooftop Deck
  • 1-minute walk to Lorimer Street (L Line)
  • Pre War Building
  • P.S. 132 The Conselyea School Rated A-
  • City View
  • 4-minute walk to Father Giorgio Triangle

About This Home

As of February 2020

A two family townhouse like no other in Williamsburg. If you have been searching for a home that truly offers space, light and intelligent design, you have found it.



74 Devoe is a custom-built, brand new home that spares nothing in it's attention to detail and craftsmanship. This is not a home built by a developer to sell, it is crafted residence where every aspect of construction went above and beyond what was required. The home features gorgeous, imported, water-struck Petersen bricks.



This 25'-wide house is fully equipped for entertaining up to 150 guests, or relaxing solo in the reading nook next to the fireplace. The layout is flexible- the parlor floor is over 1,085 sqft of open loft space. The kitchen features a mobile island, a custom stainless steel seamless welded sink and custom oak cabinetry with monocoat finish. The room opens so you're able to shift your entertaining needs on demand. There is an open gas fireplace, adjacent to the rear sun-room, with floor-to-ceiling glass and custom metal work. It's a space that must be seen to be truly appreciated.



Step out into the garden and beyond to the private separate carriage house, ideal for guests, an au pair or work studio and equipped with a kitchenette and full bathroom.



Back in the main residence, you'll find two bedrooms, a fully stone-tiled bath, and a master suite with additional bath including a full hammam-style wet room with deep soaking tub and windowed shower. There is also an additional family room with oversized skylight on the second level which could convert to an additional guest room. On the top floor, you have a skylight landing with an additional sunroom with built-in planters. Entry to a grand roof terrace- fully finished with Ipe decking and spectacular city views.



On the garden level is a two bedroom rental (Currently rented for $5500 per month ) with the same high quality finishes, exceptional custom millwork throughout and a second washer and dryer. There is a lower terrace which can be given to the two bedroom, at the owner's discretion.



74 Devoe is the perfect location with plenty of and dining options nearby including Llama Inn, Kings County Imperial Suzume, Lilia, Okonomi and Campbell Cheese & Grocery. Located in prime Williamsburg just two blocks from the Lorimer L & G subway station, Citi Bike Stations this home is in the center of it all.

Last Agent to Sell the Property

Lior Barak

Compass License #30BA1018530 Listed on: 04/25/2019

Compass

Co-Listed By

Christine Blackburn

Compass License #30BL1044983

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901

Lot Details

  • Lot Dimensions are 25.0 x 100.0
  • Garden

Home Design

  • Pre War Building

Interior Spaces

  • 3,775 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • City Views

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Terrace

Listing and Financial Details

  • Legal Lot and Block 13 / 2768

Community Details

Overview

  • Williamsburg Subdivision

Amenities

  • Rooftop Deck
  • Building Terrace

Property Details

Home Type

Multi-Family

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Cross Street: Lorimer Street/Leonard Street
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Williamsburg
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 3775.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Bathrooms Integer: 6
  • Bedrooms: 5

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck, Garden
  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 25.0 x 100.0

Building Info

  • Total Stories: 3
  • Year Built: 1901

Tax Info

  • Tax Block: 2768
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2019
Closed on
Feb 27, 2020
Sold by
David Shay and % : Kaltura Inc
Bought by
Gratch Noah
Seller's Agent
Lior Barak
Compass
List Price
$4,400,000
Sold Price
$4,400,000
Current Estimated Value
$3,865,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$534,373
Avg. Annual Appreciation
-2.19%
Original Mortgage
$2,286,380
Outstanding Balance
$2,028,738
Interest Rate
3.6%
Mortgage Type
Unknown
Estimated Equity
$1,836,889

Purchase Details

Closed on
Apr 21, 2015
Sold by
Mazza Stephen V
Bought by
David Shay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,137,500
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gratch Noah $4,400,000 --
David Shay $1,750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gratch Noah $2,286,380
Previous Owner David Shay $1,137,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2020 02/27/20 Sold $4,400,000 0.0% $1,166 / Sq Ft
12/05/2019 12/05/19 Pending -- -- --
04/25/2019 04/25/19 For Sale $4,400,000 -- $1,166 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $7,150 $185,160 $23,760 $161,400
2024 $7,150 $157,020 $23,760 $133,260
2023 $6,960 $192,660 $23,760 $168,900
2022 $6,591 $211,080 $23,760 $187,320
2021 $6,700 $164,520 $23,760 $140,760
2020 $5,025 $126,720 $23,760 $102,960
2019 $4,147 $126,720 $23,760 $102,960
2018 $3,815 $18,717 $3,605 $15,112
2017 $3,602 $17,672 $3,656 $14,016
2016 $2,715 $16,687 $4,435 $12,252
2015 $1,572 $16,670 $6,644 $10,026
2014 $1,572 $16,520 $7,126 $9,394
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10868509

Real Estate Board of New York (REBNY)

APN: 02768-0013