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!
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 InsuranceSend an email with a link to
64 De Sales Place, Brooklyn, NY 11207.
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.