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!
RPLU-1032523010982
MLSⓇ ID
May 13, 2024
Listed
December 4, 2024
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. ©2024 The Real Estate Board of New York, Inc., All rights reserved
Data last updated on 12/4/2024 at 5:11 PM UTC