#RLS11029857, MARK MARTOV, Listing Office: Corcoran Group
$10,000
closing credit¹
64 De Sales Place New York City, NY 11207
Property details
About 64 De Sales Place
<p>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.</p> <p>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.</p> <p>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!</p>
Highlights
Summary
- MLS Number: RLS10977295
- MLS Name: RLS
- Office Name: Serhant
- Office Phone: (646) 480-7665
- Office Email: paul.bologna@serhant.com
- Listing Agent: Sarah Cotty
- Agent Phone: (910) 364-8174
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Last updated on: 1/30/2025, 10:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,450,000
64 De Sales Place
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
8
Brooklyn Landmark Elementary School
Public District PK-5
0.4 mi
•251 MacDougal St
5
P.S./I.S. 045 Horace E. Greene
Public District KG-5
0.4 mi
•84 Schaefer St
3
P.S. /I.S. 384 Frances E. Carter
Public District KG-5
0.5 mi
•242 Cooper St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $75,577. The most common annual income of people living in New York City, NY is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 64 De Sales Place
This home is located at 64 De Sales Place in New York City, NY and zip code 11207 in the Bushwick neighborhood. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 26, 2024 and is currently priced at $1,450,000.
In December 2024, from all listings sold in New York City, NY there were more than 215 sold above asking price, over 736 sold below and more than 870 were sold right at the asked price. Between November and December 2024, New York City, NY real estate market has seen decrease in the number of listings by 8.6%. While the average time on the market in December 2024 was 72 days, the median list price was $853,573.