$1,450,000

64 DE SALES Place, New York City, NY 11207

  • 5 beds |
  • 2 baths |
  • 810 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1905
  • Property Lot Size Icon1,742sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $1,790/sqft
  • Property List Date Icon Listed 2 years ago

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!

Listing Status:
Active
Date Added:
May 13, 2024
Data Last Updated:
June 25, 2026 at 10:20PM
Listing Office:
Serhant : 646-480-7665
Listing Agent:
Sarah Cotty : (917) 207-7590
MLS ID:
RLS10977295
  • General: Smoke Free
  • Laundry: In Unit
  • Basement: Other
  • A/C: Other
  • General: 1
  • Originating MLS: RLS_REBNY
  • County: Kings
  • Zoning: 03471-0013
  • View: Other
  • Source: RLS_REBNY

This listing courtesy of Sarah Cotty , Serhant

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby