Renovated Bushwick Two-Family
For Sale
$999,000
75 De Sales Pl, Brooklyn, NY 11207
Fully renovated two-family home in Bushwick with designer features.
Property Size1,586 SF
Lot Size0.05 Acres
Days on Market185
Property Features for 75 De Sales Pl
General Information
Standard status
Active
Size
1,586 SF
Lot size
0.05 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$2,770
Building Details
Building Size
1,586 SF
Year Built
1905
Stories
2
Listing Agency:
Exit All Seasons Realty
Listed By:
Roman Dziedzic · License #31DZ1174788
(718) 345-4545
Source:
Elliman
Added: Mar 11
Changed: Sep 10
Last Checked: Sep 10 at 9:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Exit All Seasons Realty
Investment Insights
Based on property information with market context.
Located in Bushwick, this fully renovated two-family home features designer elements and loft-like finishes, offering a combination of space, privacy, and convenience. The first floor includes two bedrooms, a full bathroom, and an open-concept kitchen, living, and dining area. The second-floor unit features three bedrooms and one bathroom, with a living and dining space that opens to a kitchen with an island. Both units have been renovated with functional kitchens, updated bathrooms, hardwood flooring, contemporary lighting, and large windows. A full finished basement with a private entrance provides additional space, including a bathroom and washer and dryer hookups, as well as new water boilers and separate heating systems. The large backyard offers potential for gardening and entertaining. The property provides access to New York City via the L train, with a short commute to Union Square.
Key Highlights
- Fully renovated two‑family home with designer features and loft‑like finishes.
- Short distance to the L Train provides seamless access to NYC (Union Square in minutes).
- Two separate units: one with two bedrooms, one with three bedrooms.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$55,544
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.56%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,110,880
$1.1M
Cap Rate 7%
$793,486
$793.5K
Cap Rate 9%
$617,156
$617.2K
Market Conditions
NOI Build-Up for 1,586 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$80.9K $51.00/SF
− Vacancy
−$1.5K −$0.97/SF
EGI
$79.3K $50.03/SF
− OpEx
−$23.8K −$15.01/SF
NOI
$55.5K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,110,880
Cap Rate 7%
$793,486
Cap Rate 9%
$617,156
Alternative Uses
Best Use
Multifamily LT 5
$793.5K
$694.3K – $925.7K
NOI $55,544 @ 7.0% cap · market cap 5.56%
Second Best
Apartment 5plus
$691.7K
$605.2K – $807.0K
NOI $48,419 @ 7.0% cap · market cap 4.85%
Theoretical Best
Specialty Retail
$1.31M
$1.15M – $1.53M
NOI $91,925 @ 7.0% cap · market cap 9.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,473
Businesses Nearby
Explore this area
Business Placement
Demographics for 11207, NY
100,330
Population
38,030
Households
2.6
Avg Household Size
35
Median Age
19%
College-Educated
81%
High-School Grad
2.7 sq mi
ZIP Area
37,159
Density / Sq Mi
$55,419
Median Household Income
$41,008
Median Earnings
$1,443
Median Rent
$657,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Fully renovated two-family home in Bushwick with designer features.
Where is this duplex located?
The property is located at 75 De Sales Pl Brooklyn, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Fully renovated two‑family home with designer features and loft‑like finishes.; Short distance to the L Train provides seamless access to NYC (Union Square in minutes).; Two separate units: one with two bedrooms, one with three bedrooms.
