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—ideal for rent/live or as a sole rental property.
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 $1,450,000 with an entry cap rate of 5.11%, 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!
Active
$1,450,000
64 De Sales Pl, Brooklyn, NY 11207
5beds
1,688sqft
Multi Family
Built in 1905
-- sqft lot
$1,024,100 Zestimate®
$859/sqft
$-- HOA
What's special
Private backyard oasisStylish sun-drenched living spaces
- 456 days
- on Zillow |
- 161 |
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