40two Devoe Street Condominium
42 Devoe Street, Brooklyn, NY 11211
Overview
40two Devoe Street is an 8-unit condo in Brooklyn.
- Offering plan: Accepted May 2022 · 343 pages · floor plans on page 4
- Finishes: Concrete floors, quartz kitchen countertops, East Coast Cabinetry cabinets, Bertazzoni appliances, washer/dryer hook-ups and split-system units for heating and cooling
- Prices: $1,820 a square foot on average, as first offered; $14.6 million in all ($12.8 million when first offered)
- Common charges: $574–$699 a month, the sponsor's first-year estimate
- Sponsor: 42 Devoe Street LLC, represented by Tsoromokos & Papadopoulos, Pllc; principals Kenneth Kramer and Peter Sansone
- Neighborhood: Williamsburg, Brooklyn
- Subway: 2-minute walk to Metropolitan Av/Lorimer St (G, L); 7 minutes to Graham Av (L)
- Amendments: 2, the latest in August 2022
- Units
- 8 residential
- Neighborhood
- Williamsburg, Brooklyn
- Subway
- 2 min walk to Metropolitan Av/Lorimer St G LGraham Av L, 7 min
- Principals
- Kenneth Kramer, Peter Sansone
- Average $/sf
- $1,820Homes in Schedule A, as first offered
- Common charges
- $574–$699 a monthSponsor's first-year estimate in Schedule A, March 1, 2022 To February 28, 2023
- Offering price
- $14.6 million total $12.8 million when first offered
- Floor plans
- Page 4 of the plan
- SubmittedJune 2022
- AcceptedMay 2022
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
8 of 8homes sold (100%)
From city records (ACRIS), through Apr 30, 2026.
First-Year Budget
From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)
Ask Claude or ChatGPT: How do 40two Devoe Street's common charges compare with similar buildings? →
Property Taxes
The plan's first-year tax estimate, checked against the city's real bills for 8 homes.
Each home's estimate, city bills and tax breaksSee it free →Closing Costs
The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.
All 7 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 1 Jun 7, 2022
Prices of certain units have been revised.
- Unit prices updated in revised Schedule A
- Revised prices do not affect units currently under contract
- Amendment does not extend the term of the offering
- Schedule A prices increased for 8 homes (median +12.5%): 1A $1,295,000 → $1,595,000; 1B $1,695,000 → $1,995,000; 2A $1,595,000 → $1,795,000; 2B $1,595,000 → $1,795,000; ...
Team
- Sponsor
- 42 Devoe Street LLC
- Principals
- Kenneth Kramer, Peter Sansone
- Tax estimate
- Tsoromokos & Papadopoulos, PLLCPrepared the first-year real estate tax projection
- Construction lender
- Marie Holdings$4.5 million loan stated in the plan
- MEP engineer
- Rohan EngineeringMechanical, electrical and plumbing · Named on p. 64
- Title agency
- K&G Abstract Inc.The sponsor's title company for buyers; you can choose another · Named on p. 221
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R6B
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 95 Ainslie Street Condominiumnext door · 8 units · 2018
- 532 Lorimer Street Condominiumnext door · 9 units · 1 parking · 2021
- 550 Metropolitan Avenue Condominiumnext door · 9 units · 2021
- Orsonnext door · 6 units · 2025
- 21 Powers Street Condominiumnext door · 14 units · 7 parking · 2018
- One Powers Street Condominiumnext door · 31 units · 16 parking · 2008
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