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$1,450,000

Beds
5
Baths
2.0
sq ft
Unknown

64 De Sales Pl, Brooklyn, NY 11207

64 De Sales Pl

New York City, NY 11207

  • 286 days on market
    • Price drop $145,000↓
<p>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.</p> <p>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.</p> <p>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!</p>

Details

Property type

Townhouse

Lot size

Unknown

Price per sq ft

Unknown

Year built

1905

Annual property taxes

$2,940

Price History

05/13/2024
REBNY

REBNY #RLS10977295

Listed
$1,450,000

Schools & Community

Neighborhood: 

Bushwick

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 02/23/2025 at 10:50 AM

Listing updated: 01/24/2025 at 9:49 PM

Listed by: Sarah Cotty, Serhant Phone #: (646) 480-7665

MLS: REBNY #RLS10977295

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