Price Reduced 16.92%


Price History

$3,250,000
9/16/2024

$2,700,000
12/4/2024


318 Covert Street, New York, (Brooklyn), NY, 11237

318 Covert Street, New York, (Brooklyn), NY, 11237

25 rooms

11 beds

7 Full baths

1906

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!, Additional information: Appearance:Excellent,Separate Hotwater Heater:Y, Building Size:20 x 78


Status:

Active

Town:

New York

Type:

Commercial

Units:

6

Heating:

Natural Gas, Hot Water

Cooling:

Wall/Window Unit(s)

Basement:

Walk-Out Access

Parking:

1-car, None, On Street, Shared Driveway

Est. Taxes:

$14,607

Construction

Brick

Lot Description:

Near Public Transit, Near School, Near Shops

Amenities:

Park

Middle School:

Evergreen Ms-Urban Exploration

High School:

Brooklyn School For Math And Researc

School District:

Community District 32

Days on Market:

79

Appliances:

Gas Water Heater

MLS #:

3579068


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Coldwell Banker American Homes 718-206-1340