$10,000 Closing Credit¹
#RLS11031466, Daniel Cohen, Listing Office: Corcoran Group
$2,500,000 List price
318A Covert St Brooklyn, NY 11237
$10,000
Closing credit¹
0 beds
Multi-Family
Property details
About 318A Covert St
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 ( Halsey Station), 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! (Roof and boiler room are in IMMACULATE condition)
Highlights
Home typeQuadruplex
HeatingSteam
StatusActive
CoolingWall/Window Unit(s)
BasementYes
Year built1906
MLS #813737
Summary
- MLS Number: 813737
- MLS Name: ONEKEY2
- Office Name: Coldwell Banker American Homes
- Office Phone: (718) 206-1340
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
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: 3/14/2025, 11:56:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,500,000
318A Covert St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
5
P.S./I.S. 045 Horace E. Greene
Public District KG-5
0.2 mi
•84 Schaefer St
6
PS/Intermediate School 137 Rachael Jean Mitchell
Public District PK-5
0.3 mi
•121 Saratoga Ave
8
Brooklyn Landmark Elementary School
Public District PK-5
0.3 mi
•251 MacDougal St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,783. Most Brooklyn, NY residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
42%
<35k
45%
35k-100k
11%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
50%
Single, No Kids
28%
Single, with Kids
9%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
8%
12-17 yrs old
37%
18-34 yrs old
34%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Little Caesars
What do the neighbors drive?
Kia
Honda
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 318A Covert St in Brooklyn, NY and zip code 11207 in the Bushwick neighborhood. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since January 15, 2025 and is currently priced at $2,500,000.
While more than 41 listings in Brooklyn, NY in February 2025 were sold above asking price, there were more than 162 listings sold at asking price, and more than 158 were sold below. The inventory of homes for sale in Brooklyn, NY between January and February 2025 decreased by 3%. In February 2025, listings were on the market for 132 days. During the same period, the median list price in this real estate market was $995,000.
From Rocket Homes Real Estate and based on county public records data.