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318 Covert Street Brooklyn, NY 11237
$3,250,000
  • Commercial
  • 11 Bedrooms
  • 7 Full Baths
  • Year Built 1906
  • Multi Family
  • ML# 3579068

Property Details

Overview

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!

Key Facts

  • Lot Sq Ft: 2500
  • Taxes: $14,607
  • Sale or Rent: Sale
  • School District#: 32
  • School District: Community District 32

Additional Features

  • Construction Materials: Brick
  • Parking Spaces: Yes
  • Parking Spaces: 1
  • Parking Facilities: None, On Street, Shared Driveway

Rooms & Floor Plans

  • Bedroom: 11
  • Full Bath: 7
  • Other: 7

Interior & Utilities

  • Heat: Natural Gas, Hot Water
  • A/C: Wall/Window Unit(s)
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $14,607
Listing Information provided courtesy of Coldwell Banker American Homes  718-206-1340
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