Kelly Whiteman - The Whiteman Team
Listing courtesy of Serhant LLC
64 De Sales Place, Brooklyn, (Bushwick), NY, 11207
12 rooms
1905
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!
Status:
Active
Town:
Brooklyn
Type:
Multi-family
Laundry Remarks:
InUnit
Zoning:
R6
Building Type:
Townhouse
Cooling:
Unknown Type
Levels:
2
Patio:
Yes
Building Access:
Walk-up
Service Level:
None
Built Size:
18'x45'
OLR #:
RPLU1032523010982
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