Residential For Sale64 De Sales Place, Newyorkcity, New York 11207

64 De Sales Place, Newyorkcity, New York 11207

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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!

Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : RLS10977295
Price : $1,450,000
View : Other
Bedrooms : 5
Rooms : 12
Bathrooms : 2
Year Built : 1905
Status : Active
Office Name : Serhant
Agent Name : Sarah Cotty
Full Bathrooms : 2
Property Sub Type : Multi Family
Features
Cooling System : Other
Basement : Other
Patio : None
Interior Features : Smoke Free
Laundry Features : In Unit
Address Map
Country : US
State : NY
County : Kings
City : New York City
Zipcode : 11207
Street : DE SALES
Street Number : 64
Street Suffix : Place
Longitude : W74° 5' 44.6''
Latitude : N40° 40' 56.2''
Additional Information
Building Size : 810
Entry Level : 1
Lot Size Dimensions : 100.00x18.00
Number Of Units Total : 1
On Market Date : 2024-05-13
Previous Price : 1595000
Stories Total : 1
Financial
Tax Annual Amount : 2940.0
Listing Information
Co List Agent Full Name : Oshawn Samir Vogan
Co List Agent Mls Id : 104940
Co List Office Mls Id : 10325
Co List Office Name : Serhant
List Agent Mls Id : 118007
List Office Mls Id : 10325
Modification Timestamp : 2025-06-04T16:10:55Z
Originating System Name : RLS
Special Listing Conditions : Standard
Residential For Sale
  • Listing ID : RLS10977295
  • Bedrooms : 5
  • Bathrooms : 2
$1,450,000
Agent info
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