318 Covert Street

$3,250,000
Price
11
Beds
7
Baths
4,680 Sq. Ft.
$694 / Sq. Ft.
4,680
Sq. Ft.
$694
per Sq. Ft.

Description

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...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!
  1. Listed by Moin Siddiqui • Coldwell Banker American Homes
    P: 718-206-1340 C: 917-900-7394 thesiddiquiteam@gmail.com
  2. Listed by Randolph A Saa • Coldwell Banker American Homes
    P: 718-206-1340 C: 917-364-5645 RSaa@CBAMHomes.com

Property Details for 318 Covert Street

Township
Brooklyn
Architectural Style
Mid-Rise
Community Features
Park
Garage Spaces
.00
Section Area
Knickerbocker
Offer Presentation
Can be Present
LISTING UPDATED: 09/17/2024 04:15 PM

Property Details for 318 Covert Street

StatusActive
MLS ID3579068
Days on Market4
Taxes$14,607 / year
Maintenance-
Min. Down Pymt-
Total Rooms25.0
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1906
Lot Size2,500 SF / 25' x 100'
CountyKings County

Building

318 Covert St

6 Units3 StoriesBuilt in 1906

Building Information for 318 Covert Street

Stories3Residences6Year Built1906Building Size20' x 78'Building Sq. Ft4,680 SFLot Size2,500 SF / 25' x 100'Building AgePre-warBuilding TypeHouse

Property Information for 318 Covert Street

Summary
Location and General Information
  • Senior Community YN: No
  • MLS Area Minor: 13
  • MLS District Code: 32
  • Directions: Google Maps or Waze
  • Property Attached: No
  • Structure Type: false
  • Levels: Three Or More
  • Property Condition: Excellent
  • New Construction YN: No
  • Flood Zone Report: 0
  • Lot Size Source: Other
  • Country: US
  • State Or Province: NY
School Information
  • School District: Brooklyn 32
  • Elementary School District: Brooklyn 32
  • Middle Or Junior School District: Brooklyn 32
  • Middle Or Junior School: Evergreen Ms-Urban Exploration
  • High School District: Brooklyn 32
  • High School: Brooklyn School For Math And Researc
Rental
Rental
  • Lease Considered: No
Unit Information
Unit Information
  • Building Units Total: 6
Room Information
Room 1 Information
  • Room Level: First
  • Room Type: Bedroom
  • RoomDescription 1: .
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 03425-0022
  • Tax Map Number: 03425-0022
  • Included In Taxes: Sewer,Trash,Water
Interior and Exterior Features
Interior Features
  • Amenities: Mid-Rise, Park, Public
  • Number Of Kitchens: 6.0
  • Total Rooms: 25
  • Living Area Units: Square Feet
  • Basement: Walk-Out Access
  • Fireplaces Total: 0
  • Location Amenities: Walk Out Basement, Privacy
  • Common Walls: No Common Walls
Exterior Features
  • Exterior Property Features: Shared Driveway, None, On Street, Park, Near Public Transit, Private
  • Elevation Certificate: No
  • Construction Materials: Brick
  • Road Responsibility: Public Maintained Road
Lot Information
  • Lot Features: Near Public Transit,Private
  • Lot Size Dimensions: 25X100
  • Site Features: Park, Near Public Transit, Private
  • Building Size: 20 x 78
  • Building Area Units: Square Feet
Parking
  • Parking Features: Shared Driveway, None, On Street
  • Parking Total: 1.00
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: Yes
  • Cooling: Window Unit(s)
  • Heating: Natural Gas, Hot Water
  • Heat Fuel Type: Natural Gas, Hot Water
  • Number Of Heating Zones: 6
  • Separate Hot water Heater Detail: Y
  • Hot Water: Gas Stand Alone
  • Number Of Separate Gas Meters: 6
  • Sewer: Public Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 6
Green Features
  • Green Features: Natural Gas, Hot Water

Property History for 318 Covert Street

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 318 Covert Street

Taxable ValueLand-Additions-Total-
Home Facts
APN3034250022

Schools near 318 Covert Street

This home is within Nyc Geog District #32 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
P.S. Is 384 Frances E Carter
PublicPK to 8

Brooklyn School For Math And Researc
Public9 to 12

Evergreen Middle School-Urban Exploration
Public6 to 8

Academy Of Urban Planning
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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318 Covert Street is a multi-family home for sale in Bushwick. This property was listed for sale on September 16, 2024 by Coldwell Banker American Homes, it's currently listed at $3,250,000. It has been on the market for a total of 4 days and was last sold on June 16, 2005. This listing's school district is Nyc Geog District #32 - Brooklyn. Nearby schools include P.S. Is 384 Frances E Carter, Brooklyn School For Math And Researc and Evergreen Middle School-Urban Exploration. 318 Covert Street is a 11-bed, 7-bath, 4,680 sqft multi-family home built in 1906.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker American Homes

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.