Citric acid and ethylene glycol assisted hydrothermal synthesis of pure-phase double perovskite oxide Y 2 FeCoO 6 is reported. The Rietveld refinement confirm the orthorhombic phase formation with Pnma space group symmetry and lattice parameters as, a ¼ 5.5039 Å, b ¼ 7.4734 Å, and c ¼ 5.2094 Å. The high-resolution transmission electron micrographs exhibit formation of flakes, composed of agglomerated crystallites, oriented in [121] direction. The oxidation states of Fe as Fe 3þ and Co as Co 2þ /Co 3þ are observed by X-ray photoelectron spectroscopy. The room temperature relative permittivity, 6.8 Â 10 4 , is found to increase to 1.3 Â 10 7 at 473 K and frequency 500 Hz. The specific capacitance of %31.32 F g À1 is obtained at the current density of 1 A g À1. The effective charge storage involve the redox reactions of Fe 2þ /Fe 3þ , Co 2þ /Co 3þ , and Co 3þ /Co 4þ , and excellent capacitance retention of %99% is achieved after 5000 charging/ discharging cycles at current density of 6 A g À1 .