Buy with Yoreevo
$3,185,000
List Price: $3,250,000
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318 Covert Street
House in Bushwick •  building info
11bd • 7ba • 2,500ft² $1,300 per ft²
Buy with Yoreevo

$3,185,000

List Price

$3,250,000

Key Details
Days on market
114
Last price change
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Estimated payment
$19,705
Taxes
$1,217
Monthly maintenance
N/A
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 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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Listing Amenities
Hardwood floors
City View
Roof Rights
Skyline View
Building Amenities
Bike Room
Cold Storage
Package Room
Live In Super
Storage Space
Fios Available
Garage Parking
Parking Available
Outdoor Space
Courtyard
Roof Deck
Private Roof Deck
Building info

History
What it'll cost
Purchase price
$3,250,000
Asking Price: $3,250,000
Term
30 Years
Down Payment
$325,000 (10%)
Min: 10% (325,000)
Rate
6.5 %
Mortgage Amount
$2,925,000
Mortgage Payment
$18,488
Taxes
$1,217
Estimated Yoreevo rebate
$65,000
Estimated closing cost
$124,000
Total monthly cost $19,705
Buy your dream home with us and get an estimated $65,000 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Coldwell Banker American Homes

Information ©2025, OneKey MLS. 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.