FOR SALE
9 Devoe (Building)
Kings, Williamsburg, New York City, NY
FOR SALE
Asking
$9,250,000
BTC
148.471
ETH
2,924.47
Beds
5
Baths
10
Home Size
10,800 sq. ft.
Year Built
1930
Prime corner mixed-use investment/development opportunity. This property consists of 3 connected buildings that include:
-430 Union Ave: 5-family brick building with basement
-426 Union Ave (AKA 1-5 Devoe St): 2 story corner retail building with basement (2 Units)
-Garage with legal curb cut
-9 Devoe Street: 2 story Building with 2 lofts approximately 1200Sqft each, backyard and roof deck
Building Dimensions: 50 x 108
Lot SQFT: 5,400
FAR 4
FAR as built 2.00
Maximum usable floor area 21,600
Usable floor area as built 10,800
Unused FAR 10,800
Pro forma NOI listed for the building as is $558K.
All units are free market and month to month leases except 3 residential units in 430 Union have leases with under 1 yr remaining.
Contact me for me more details!
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