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
$1,035,300 Zestimate®
$859/sqft
$-- HOA
What's special
Private backyard oasisStylish sun-drenched living spaces
- 434 days
- on Zillow |
- 120 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: May 02, 2025 at 06:59am
Listing by:
SERHANT. 917-207-7590,
Sarah Cotty
Source: StreetEasy,MLS#: S1716712
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Appliances
- Included: Dishwasher, Washer/Dryer
Features
- Flooring: Hardwood
Interior area
- Total structure area: 1,688
- Total interior livable area: 1,688 sqft
Property
Features
- Patio & porch: Other
- Exterior features: Garden
- Has view: Yes
- View description: City, Skyline
Details
- Parcel number: 034710013
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1905
Community & HOA
Community
- Subdivision: Bushwick
HOA
- Services included: Maintenance
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $859/sqft
- Tax assessed value: $894,000
- Annual tax amount: $2,928
- Date on market: 5/14/2024
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