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64 De Sales Place
Bushwick, New York
$1,450,000 Price
5 Bedrooms   2.0 Baths
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64 De Sales Place, Bushwick, New York

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,...

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!

Courtesy of Serhant LLC

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Bushwick, New York
Type: Townhouse
Price: $1,450,000
Re Tax: $2,940
Last Updated: 9/30/2024
Web ID: 1075196366

Info & Amenities

Type: Townhouse
Rooms: 12.0
Bedrooms: 5
Bathrooms: 2.0
Built: 1905
Pets allowed: Yes

Map of Area for 64 DE SALES Place

Get to Know Bushwick

Bushwick, Brooklyn, is a dynamic and ever-evolving neighborhood known for its vibrant street art, diverse community, and creative atmosphere.

More About Bushwick

Neighborhood Guide to Bushwick

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved.

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