64 DE SALES Place Active Save Request In-Person Tour Request Virtual Tour
Brooklyn,NY 11207
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Bushwick
MLS Listing ID RLS10977295
Bedrooms 5
Year Built 1905
Annual Tax Amount $2,940
Property Sub-Type Multi Family
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!
Location
State NY
County Kings
Interior
Cooling Other
Laundry In Unit
Exterior
View Y/N No
View Other
Building
Dwelling Type Townhouse
Story 1
New Construction No
Others
Monthly Total Fees $245
Special Listing Condition Standard
Pets Allowed Building Yes,No