Prime Development Opportunity in Bushwick, NY!?This 23x100 lot is zoned R6 and offers an incredible 5,589 interior residential square feet of potential -perfect for developers looking to create something amazing in one of Brooklyn's most sought-after neighborhoods. Conveniently situated just a few blocks away from major residential and commercial streets and avenues like Bushwick Avenue and Broadway, both bustling with new developments and businesses.Transportation is a breeze, with the train station for the J and Z Trains just blocks away, providing a quick 15-20 minute commute to Manhattan. Access to the Jackie Robinson Parkway is just minutes away, offering swift connections to Queens and broader Long Island. Whether you're envisioning a multi-family residence or something else, the potential is limitless. Seize this opportunity to create your vision in a dynamic and accessible location!
Property Details
Property Features
Property Information:
Architectural Style: Duplex
Year Built: 1920
Listing Office:
Office Name: Landmark Elite Homes Corp
Office Phone: (347) 798-0826
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 5
Exterior Features
Parking Information:
Attached Garage: No
Parking: None
Lot Features
Lot Information:
Lot Size: 0.05 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Steam
Cooling: None
Price Information
Listing Price Info
Price Summary:
List Price: $1,450,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in New York, NY.
This property is $593.8K 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: #3579227
Listing Office:
Office Name: Landmark Elite Homes Corp
Office Phone: (347) 798-0826
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: 11/16/2024, 7:12:03 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,304
Per Month
Principal & Interest
$7,237
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,414
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
5
/10
P.S./I.S. 045 Horace E. Greene
84 Schaefer St
Distance between this listing and this school0.15 miles
Public District Grades KG-5
5
/10
PS/Intermediate School 137 Rachael Jean Mitchell
121 Saratoga Ave
Distance between this listing and this school0.33 miles
Public District Grades PK-5
8
/10
Brooklyn Landmark Elementary School
251 MacDougal St
Distance between this listing and this school0.40 miles
Public District Grades PK-5
Nearby Schools
4
/10
Evergreen Middle School for Urban Exploration
125 Covert St
Distance between this listing and this school0.23 miles
Public District Grades 6-8
3
/10
Brooklyn Environmental Exploration School (Bees)
251 MacDougal St
Distance between this listing and this school0.40 miles
Public District Grades 6-8
7
/10
Achievement First North Brooklyn Preparatory Charter School
200 Woodbine St
Distance between this listing and this school0.55 miles
Public Charter Grades KG-7
Nearby Schools
3
/10
Brooklyn High School for Law and Technology
1396 Broadway
Distance between this listing and this school0.46 miles
Public Magnet Grades 9-12
6
/10
Eagle Academy for Young Men II
1137 Herkimer St
Distance between this listing and this school0.57 miles
Public District Grades 6-12
5
/10
Excellence Girls Charter School
794 Monroe St Fl ST-3rd
Distance between this listing and this school0.62 miles
The neighbors living near this home have an average income of $40,783. The majority of New York, NY residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
This home is located at 39 Covert St in Bushwick, NY and zip code 11207 in the Bushwick neighborhood. This home, which was built in 1920, sits on a 0.05 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $1,450,000.
New York, NY housing market in October 2024 saw over 269 listings sold above listed price, more than 850 sold at listed price and over 833 sold below. In October 2024 in New York, NY there were 1.8% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $856,124, while the average time on the real estate market was 84 days.
From Rocket Homes Real Estate and based on county public records data.