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!
Property Details
Property Features
Property Information:
Architectural Style: Mid-Rise
Year Built: 1906
Listing Office:
Office Name: Coldwell Banker American Homes
Office Phone: (718) 206-1340
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 7
Total Bedroom Count: 11
Exterior Features
Parking Information:
Attached Garage: No
Parking: Shared Driveway, None, On Street
Lot Features
Lot Information:
Lot: Near Public Transit, Private
Lot Size: 0.06 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Hot Water
Cooling: Window Unit(s)
Other
Directions Information:
Directions: Google Maps or Waze
Price Information
Listing Price Info
Price Summary:
List Price: $3,250,000
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Housing Market Comparison
See how this home compares to others in New York, NY.
This property is $2.3M more than the Median Sold Price in New York, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: ONEKEY
MLS Number: #3579068
Listing Office:
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.
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.
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.
Information Copyright 2024, 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: 10/31/2024, 11:11:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
PS 151 Lyndon B Johnson
763 Knickerbocker Ave
Distance between this listing and this school0.15 miles
Public District Grades PK-5
8
/10
Bushwick Ascend Charter School
751 Knickerbocker Ave
Distance between this listing and this school0.20 miles
Public Charter Grades KG-4
3
/10
PS 106 Edward Everett Hale
1328 Putnam Ave
Distance between this listing and this school0.39 miles
Public District Grades PK-5
Nearby Schools
5
/10
PS/Intermediate School 384 Frances E Carter
242 Cooper St
Distance between this listing and this school0.22 miles
Public District Grades PK-8
5
/10
Evergreen Middle School For Urban Exploration
125 Covert St
Distance between this listing and this school0.38 miles
Public District Grades 6-7
5
/10
Intermediate School 77
976 Seneca Ave
Distance between this listing and this school0.47 miles
Public District Grades 6-8
Nearby Schools
5
/10
Brooklyn School For Math and Research
400 Irving Ave
Distance between this listing and this school0.42 miles
Public District Grades 9-11
2
/10
Academy For Environmental Leadership
400 Irving Ave
Distance between this listing and this school0.42 miles
Public District Grades 9-12
2
/10
Bushwick School For Social Justice
400 Irving Ave
Distance between this listing and this school0.42 miles
The neighbors living near this home have an average income of $40,625. Residents of New York, NY typically earn less than $35k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
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This home is located at 318 Covert St in Bushwick, NY and zip code 11237 in the Bushwick neighborhood. This home, which was built in 1906, sits on a 0.06 acre lot. Features: 11 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $3,250,000.
In September 2024, from all listings sold in New York, NY there were more than 238 sold above asking price, over 851 sold below and more than 765 were sold right at the asked price. The number of listings in New York, NY increased by 3% between August 2024 and September 2024. In September 2024, listings were on the market for 87 days. During the same period, the median list price in this real estate market was $853,828.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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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