318 Covert Street Bushwick, NY 11237

Multi-Family Home MLS #: 3579068 Courtesy Of Coldwell Banker American Homes

$3,250,000

11 beds | 7 baths
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Est. Property Tax: $14,607
Estimated monthly payments: $15,424/mo.* (recalculate)

Property InformationDescription

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!
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Features

  • Basement: Walk-out
  • Cooling: Window A/C
  • Exterior Description: Brick
  • Garage Description: No Garage
  • Heating - Fuel Type: Gas, Hydro Heat
  • Sewer: Public
  • Style: Other Style
  • Water: City Water

MAP & DIRECTIONS

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318 Covert Street, Bushwick, NY 11237
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School Information

318 Covert Street, Bushwick, NY 11237

Elementary School
Grades KG-5 | Public School
P.S. /I.S. 384 FRANCES E. CARTER
Brooklyn, NY 11207
242 Cooper St
718.­642.4890
Distance: 0.2 mi
School Rating
C+
Student:Teacher Ratio
10:1
Total Students
401
Middle School
Grades 6-8 | Public School
EVERGREEN MIDDLE SCHOOL FOR URBAN EXPLORATION
Brooklyn, NY 11207
125 Covert St
718.­455.0180
Distance: 0.4 mi
School Rating
C+
Student:Teacher Ratio
10:1
Total Students
366
High School
N/A
Other Nearby Schools Distance Type Grades School Rating
P.s. 151 Lyndon B. Johnson School 0.2 mi Public PK-5 B-
Bushwick Ascend Charter School 0.2 mi Public KG-8 A-
P.s. 106 Edward Everett Hale School 0.4 mi Public PK-5 D+
Robert E Peary School 0.4 mi Public PK-9
Academy For Excellence In Leadership 0.4 mi Public 9-12 D
Academy Of Urban Planning And Engineering (the) 0.4 mi Public 9-12 C+
Brooklyn School For Math And Research (the) 0.4 mi Public 9-12 C+
Brooklyn School For Social Justice (the) 0.4 mi Public 9-12 D-
P.s. 239 Queens 0.5 mi Public KG-5 C+
I.s. 77 School 0.5 mi Public 6-8 B-
P.s./i.s. 045 Horace E. Greene 0.5 mi Public KG-5 B-
Achievement First North Brooklyn Preparatory Charter School 0.5 mi Public KG-7 B
P.s. 377 Alejandrina B. De Gautier School 0.5 mi Public PK-5 D
P.s. 68 Cambridge 0.5 mi Public PK-5 C+
All City Leadership Secondary School 0.5 mi Public 6-12 A
J.h.s. 291 Roland Hayes 0.6 mi Public 6-8 B-
Math Engineering And Science Academy Charter High School 0.6 mi Public 9-12 B-
Bushwick Community High School 0.6 mi Public 9-12 F
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Brooklyn, NY 11237

Median Age: 32.9
Married: 26%
Number of Households: 16,419
Households with Children: 25.9%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home