<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>
Property Details
Property Features
Property Information:
Year Built: 1905
Listing Office:
Office Name: Serhant
Office Phone: (646) 480-7665
Listing Agent: Sarah Cotty
Agent Phone: (910) 364-8174
Interior Features
Interior Information:
Basement: No
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 5
Exterior Features
Exterior Information:
View: Other
Utilities
Utilities Information:
Cooling: Other
Price Information
Listing Price Info
Price Summary:
List Price: $1,450,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in New York, NY.
Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.
This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 11/16/2024, 7:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,304
Per Month
Principal & Interest
$7,237
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,414
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Brooklyn Landmark Elementary School
251 MacDougal St
Distance between this listing and this school0.36 miles
Public District Grades PK-5
5
/10
P.S./I.S. 045 Horace E. Greene
84 Schaefer St
Distance between this listing and this school0.45 miles
Public District Grades KG-5
3
/10
P.S. /I.S. 384 Frances E. Carter
242 Cooper St
Distance between this listing and this school0.52 miles
Public District Grades KG-5
Nearby Schools
3
/10
Brooklyn Environmental Exploration School (Bees)
251 MacDougal St
Distance between this listing and this school0.36 miles
Public District Grades 6-8
7
/10
PS/Intermediate School 155 Nicholas Herkimer
1355 Herkimer St
Distance between this listing and this school0.40 miles
Public District Grades PK-8
4
/10
Evergreen Middle School for Urban Exploration
125 Covert St
Distance between this listing and this school0.56 miles
Public District Grades 6-8
Nearby Schools
6
/10
Eagle Academy for Young Men II
1137 Herkimer St
Distance between this listing and this school0.65 miles
Public District Grades 6-12
6
/10
Leadership Preparatory Ocean Hill Charter School
51 Christopher Ave
Distance between this listing and this school0.69 miles
Public Charter Grades KG-12
3
/10
Brooklyn Collegiate: a College Board School
2021 Bergen St
Distance between this listing and this school0.71 miles
The neighbors living near this home have an average income of $75,577. Typical income of New York, NY residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 64 De Sales Place
What is the listing price of this property?
The listing price of 64 De Sales Place property is $1,450,000.
What type of property is this?
The property 64 De Sales Place is a townhouse located in New York City, New York, 11207.
Is this property for sale now?
Active Listing: 64 De Sales Place is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 64 De Sales Place has 5 bedrooms and 2 bathrooms.
Which year was this property built?
The year of construction for 64 De Sales Place is 1905.
This home is located at 64 De Sales Place in New York City, NY and zip code 11207 in the Bushwick neighborhood. This home was built in 1905. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 26, 2024 and is currently priced at $1,450,000.
New York, NY housing market in October 2024 saw over 269 listings sold above listed price, more than 850 sold at listed price and over 833 sold below. In October 2024 in New York, NY there were 1.8% more homes for sale than in September 2024. While the average time on the market in October 2024 was 84 days, the median list price was $856,124.
From Rocket Homes Real Estate and based on county public records data.