Active For Sale
64 DE SALES Place, New York City, NY 11207
64 DE SALES Place, New York City, NY 11207
  • $1,450,000
  • $1,595,000

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!

  • Address 64 DE SALES Place
  • City New York City
  • Zip/Postal Code 11207
  • Area Bushwick

Details

Updated on June 4, 2025 at 4:10 pm
  • Property ID: RLS10977295
  • Price: $1,450,000
  • Property Size: 810 Sqft
  • Bedrooms: 5
  • Rooms: 12
  • Bathrooms: 2
  • Year Built: 1905
  • Property Type: Multi Family, Residential
  • Property Status: Active, For Sale

Additional details

  • Cooling: Other
  • County: Kings
  • Property Type: Residential

Features

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