Active
64 DE SALES Place
Brooklyn NY, 11207
$1,450,000
$1,790.12 per sqft
Active
5 Beds
2 Baths
810 sqft
Townhomes
Built in 1905
Nestled in the vibrant heart of Bushwick, Brooklyn, 64 De Sales Place is a sterling investment opportunity that combines modern living with lucrative earning potential. This elegant 2-family townhouse, built in 1905, has been beautifully updated to offer stylish, sun-drenched living spaces and a private backyard oasis, a rare luxury in the city. Each of the two units features its own entrance, enhancing privacy and flexibility.
Spanning two units and basement storage with an average rent of $3,150 per unit, this property showcases a solid financial profile with a potential gross income of over $7,300 monthly, factoring in a 10% vacancy rate. The rents are attractive, with Unit 1 at $3,300, Unit 2 has a current tenant in place until September at $2,999, and additional income from basement storage at $1,000 monthly.
Offered at a purchase price of $1,595,000 with an entry cap rate of 4.65%, 64 De Sales Place stands as a compelling investment in a Qualified Opportunity Zone, promising both a comfortable living environment and excellent financial growth potential. With strong rental demand in Bushwick, this property not only serves as a beautiful home but also a smart investment in one of Brooklyn's most dynamic neighborhoods. Don't miss out on this remarkable opportunity-schedule your tour today to see why this is such an exceptional deal!
RLS10977295
MLSⓇ ID
May 13, 2024
Listed
January 22, 2025
Updated
Map
64 DE SALES Place
Brooklyn NY, 11207
Interior Features
Total Stories
1
Bedrooms
5
Total Bathrooms
2
Full Bathrooms
2
Laundry Description
In Unit
Fireplace
No
Cooling
Yes
Cooling Description
Other
Heating
No
Exterior/Building Features
Lot Size
0.04 Acres
Other Property Details
Taxes
$2,940
Tax Frequency
Annually
Garage
No
View
No
View Description
Other
County
Kings
Pool
No
Listing History
Date | Event | Price |
---|---|---|
7/1/2024 | Price change | $1,450,000 -10% |
Listed by Sarah Cotty with Serhant
Listing Contact: (910) 364-8174
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved
Data last updated on 1/22/2025 at 2:43 AM UTC