Active
64 De Sales Place
Brooklyn NY, 11207
$1,450,000
$1,790.12 per sqft
Active
5 Beds
2 Baths
810 sqft
Town House
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
August 23, 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 LLC
Listing Contact: (910) 364-8174
The IDX display contains information sourced from the Real Estate Board of New York as of 8/23/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 8/23/2024 at 4:55 PM UTC