Active Multi-Family
Bushwick
64 DE SALES Place, Brooklyn, NY 11207
Beds 5
Baths 2
Sq Ft
Exclusive Listing by Serhant
$1,450,000

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!

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Amenities

Transportation

Subway lines nearby
Bushwick Avenue and Aberdeen Street
Broadway and Granite Street
Broadway Junction
Van Sinderen Avenue and Fulton Street
Broadway
Chauncey St
Fulton Street Eastern Parkway
Fulton Street and Rockaway Avenue
Fulton Street and Alabama Avenue
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Neighborhood

Schools
Deyker
Bushwick Ascend Middle School
Daniels Preparatory
Brooklyn Ivy Preparatory Day Care
Imagine Me Leadership Charter School
Bushwick Guitar Studio
K599 Brooklyn Landmark Elementary School
Brooklyn Environmental Exploration School
Public School 73
PS IS 155 Nicholas Herkimer
P.S./I.S. 045 Horace E. Greene
P.S. 183
Delhi kinaikmari
Nyendo Arts
P.S. 384 Frances E. Carter
Achievement First Ujima High School
Trey Whitfield School
Public School 76
The Anna Gonzalez Community School
Evergreen Middle School
P53K
Achievement First Bushwick Elementary School
Music Lessons With Tavonna
Intermediate School
P.S. K053
Information provided by MapBox
$1,450,000
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Undivided Crew