Active

318 Covert Street

Brooklyn NY, 11237

$2,700,000


Active

11 Beds

7 Baths

Commercial

Built in 1906

Nestled in the heart of Bushwick, this stunning 6-family brick property offers a rare investment opportunity. Boasting a total of 13 bedrooms and 7 bathrooms, this pre-war gem is filled with unique, classic finishes that stand the test of time. The spacious units feature large, sun-drenched windows, beautiful hardwood floors, and arched hallways that enhance the character of the building. With generously sized bedrooms and a convenient walk-out basement, this property is designed for both comfort and style. Investors will appreciate that the building has an additional 1,400 sq. ft. of air rights and the zoning allows for an additional floor to be added which offers the potential to significantly increase the NOI, making this an ideal purchase. Situated close to the L line, schools, shopping, restaurants, and houses of worship, this prime location offers easy access to all essentials. Don't miss out on this rare chance to own a highly desirable multi-family property in one of Brooklyn's most vibrant neighborhoods!, Additional information: Appearance:Excellent,Separate Hotwater Heater:Y, Building Size:20 x 78

L3579068

MLS ID

September 16, 2024

Listed

December 9, 2024

Updated

Map

318 Covert Street
Brooklyn NY, 11237

Interior Features

Total Stories

3


Bedrooms

11


Total Bathrooms

7


Full Bathrooms

7


Appliances

Gas Water Heater


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Natural Gas, Hot Water

Exterior/Building Features

Lot Size

0.06 Acres


Lot Features

Near Public Transit, Near School, Near Shops


Sewer

Public Sewer

School Information

School District

Brooklyn 32


High School

Brooklyn School For Math And Researc

Other Property Details

Taxes

$14,607


Tax Frequency

Annually


Days on Market

79


Association Amenities

Park


Garage

No


Parking

None, On Street, Shared Driveway


Parking Total

1


View

No


County

Kings (Brooklyn)


Water Source

Public


Pool

No

Listing History

Date

Event

Price

12/4/2024

Price change

$2,700,000

-17%

Listed by Moin Siddiqui Randolph A. Saa with Coldwell Banker American Homes
Listing Contact: 718-206-1340 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kelly Yadaicela shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 5:38 PM UTC, 12/9/2024

  

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