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ELLIOT NICKS REAL ESTATE 223 Devoe Street East Williamsburg, Brooklyn, NY 6 UNITS VACANT MULTIFAMILY BUILDINGS 4,125 SF – 25'x 55’ BUILDING FEATURES EAST WILLIAMSBUG (Approx.) (Approx.) (Approx.) (Approx.) (Approx.) Location Block & Lot Lot Size Lot SF Building Size Stories Building SF Residential Units Zoning Residential FAR Available Air Rights R.E. Taxes ('17/'18) 02916-0067 25 x 100' 2,500 25 x 55 3 4,125 6 R6b 2 875 $8,000 PROPERTY DESCRIPTION Introducing 223 Devoe Street; a rare investment opportunity in Williamsburg. This one of a kind, 3 story, 6 family building with over 4100 square feet of living space is fully renovated and vacant Sitting on a 25 × 100 square foot lot, the building has been refitted with all new plumbing and electric appliances, windows and HVAC units in each unit. Each 2 bedroom, 1 bathroom apartment has been upgraded with floor to ceiling windows, gorgeous wide-plank white oak floors, central heating/cooling and state of the art Sonos multimedia systems Kitchens and bathrooms boast brand-new stainless steel appliances and are outfitted in luxurious Italian marble. The 2 ground floor units enjoy access to their own private gardens, while other apartments feature 10ft ceilings All units have access to a shared basement with separate, private storage areas for each unit and convenient common storage areas for bicycles and more. Shared access to a roof deck with breathtaking views of Manhattan is also available for all units. Separate utilities for each apartment help keep ownership expenses to a minimum. The six, income producing apartments are projected annual income of $250,000 per year with annual taxes of approximately $8,000 The building is easily accessible, with L and G subway stations nearby, and the renowned Williamsburg culture and nightlife, just a short walking distance away. Viewings are available at your convenience, don't miss out on your chance to own this one-of-a-kind property! ASKING PRICE $4,999,000 ($1205 per SF / $686,000 per Unit)
