ID # | 23010982 |
Details | 5 bed, 2 bath, -1 Units in the building Listing Age: 21 days |
Construction Year | 1905 |
Taxes (per year) | $2,940 |
Bus | 3 min to B20, Q24 |
5 min to Q56 | |
6 min to B25, B83 | |
7 min to B60 | |
9 min to B12 | |
10 min to B7 | |
Subway | 1 min to L |
4 min to J, Z | |
6 min to A, C | |
LIRR | 0.5 miles to "East New York" |
2.3 miles to "Nostrand Avenue" | |
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!
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