#RLS11031466, Daniel Cohen, Listing Office: Corcoran Group
318A Covert St Brooklyn, NY 11237
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
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.
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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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Price information
Property sales
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Tax history
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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. The most common annual income of people living in Brooklyn, NY is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
Similar homes for sale
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.
Over 41 listings were sold over their listed price in February 2025 in Brooklyn, NY. In the same period over 158 listings were sold below the listed price and 162 listings were sold for the listed price. The number of homes for sale in Brooklyn, NY decreased by 3% between January and February 2025. In February 2025 median list price was $995,000 and the average listing age was 132 days.