Price Reduced 9.09%
Listing courtesy of Serhant LLC
Price History
$1,595,000
5/13/2024
$1,450,000
7/1/2024
64 De Sales Place, Brooklyn, (Bushwick), NY, 11207
12 rooms
2 beds
1 Full baths
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!
Status:
Active
Town:
Brooklyn
Type:
Multi-family
Laundry Remarks:
InUnit
Zoning:
R6
Building Type:
Townhouse
Cooling:
Unknown Type
Levels:
2
Building Access:
Walk-up
Service Level:
None
Built Size:
18'x45'
OLR #:
RPLU1032523010982
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