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64 De Sales Place, Brooklyn, NY 11207

$1,450,000
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Active
BEDS5 BATHS2 full MLS#RLS10977295
STATUSActive PROPERTY TYPEResidential - SUBDIVISIONBushwick

Property Description

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!

64 De Sales Place | MLS# RLS10977295

This home located at 64 De Sales Place, Brooklyn, NY 11207 is currently listed for sale with an asking price of $1,450,000. This property was built in 1905 and has 5 bedrooms and 2 full baths. De Sales Place is located in the Bushwick subdivision. Search Bushwick real estate on www.joycerealty.com today.

Property Features

Property Type: Residential -
Basement: Other
Cooling: Other
Lot Size: 0.04 Acres
Stories: 1.0
Taxes: $2,940
Year Built: 1905

Amenities

Smoke Free

Feature Descriptions

Building Features: Green Building
Days on Site: 529
Laundry: In Unit
Lot Dimensions: 100.00x18.00
Parcel#: 03471-0013
Patio/Porch: None
Pets Allowed: Building Yes, No
Special View Info: Other

Listed By / Shown By

Listed By

Agency Name: Serhant
Agency Phone: 646-480-7665

Shown By

Agency Title: Joyce Realty
Agency Phone: (800-275-5692)

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Estimated Payment

$ 3,894.99 per month $3,227.07 Principal & Interest $245.00 Property Tax $422.92 Homeowner's Insurance

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