64 De Sales Place Brooklyn, NY 11207
Bushwick NeighborhoodEstimated payment $8,184/month
Total Views
3,534
5
Beds
2
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- Cooling Available
- 2-minute walk to Bushwick Avenue-Aberdeen Street
- 4-minute walk to Thomas Boyland Park
- 1-Story Property
About This Home
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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,940
Year Built
- Built in 1905
Lot Details
- 1,800 Sq Ft Lot
- Lot Dimensions are 100.00x18.00
Interior Spaces
- 1-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Utilities
- Cooling Available
Community Details
- Bushwick Subdivision
Listing and Financial Details
- Legal Lot and Block 0016 / 01824
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,108 | $51,120 | $12,360 | $38,760 |
| 2024 | $3,108 | $53,640 | $12,360 | $41,280 |
| 2023 | $2,969 | $47,400 | $12,360 | $35,040 |
| 2022 | $2,753 | $51,960 | $12,360 | $39,600 |
| 2021 | $2,744 | $57,000 | $12,360 | $44,640 |
| 2020 | $2,744 | $52,260 | $12,360 | $39,900 |
| 2019 | $2,039 | $52,920 | $12,360 | $40,560 |
| 2018 | $583 | $12,182 | $3,554 | $8,628 |
| 2017 | $548 | $11,493 | $3,161 | $8,332 |
| 2016 | $465 | $10,866 | $3,029 | $7,837 |
| 2015 | $215 | $10,846 | $3,194 | $7,652 |
| 2014 | $215 | $10,747 | $3,727 | $7,020 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2024 07/01/24 | Price Changed | $1,450,000 | +144999900.0% | -- |
| 05/13/2024 05/13/24 | For Sale | $1 | -100.0% | -- |
| 09/01/2021 09/01/21 | Sold | $691,000 | 0.0% | $409 / Sq Ft |
| 05/10/2021 05/10/21 | Pending | -- | -- | -- |
| 03/05/2020 03/05/20 | For Sale | $691,000 | -- | $409 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $691,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,071,427 | Purchase Money Mortgage | |
| Previous Owner | $100,000 | No Value Available |
Source: Public Records
Similar Homes in Brooklyn, NY
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10977295
APN: 03471-0013
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