Terrific opportunity in bustling, budding Bushwick. Presenting 47 De Sales Place, a 4,127 square foot, three-story, multi-family property. Comprised of 2 spacious three-bedroom units and a massive, four-bedroom duplex with finished basement and private yard. 47 De Sales Place can accommodate up to three families at a time.
The terrific Brooklyn location doesnt hurt either 47 De Sales Place is nestled between Bushwick Avenue and Brooklyns famed Broadway thoroughfare, home to plenty of trendy restaurants and shops. Commuting into Manhattan is a breeze with neighboring L and J train stops around the corner at Bushwick Avenue and Chauncey Street, respectively. A relatively new build, dating from 2006, 47 De Sales Place currently has low annual taxes of $1,911.60 per year, thus incurring owners minimal operating costs. All viewings are by appointment only Tenants in place.
Bushwick, a neighborhood in the borough of Brooklyn, borders Ridgewood (Queens), Williamsburg, and Bedford-Stuyvesant. Bushwick, an industrial stronghold in Brooklyn, is considered a comparable (not to mention less expensive) alternative to nearby Williamsburg. Bushwick straddles both its historically Hispanic roots and the evolving artist scene to create a vibe entirely its own.
With the recent unprecedented rate cut by the Federal Reserve, banks have been inundated with people looking to take advantage of lower interest rates. Because of the overwhelming demand, we have not yet seen a huge reduction in mortgage rates. While we aren’t there yet, it is likely that we will see a dramatic shift in the upcoming months, which raises the question, “What does a 1 point difference in interest rate do for my bottom line?”Read more