116 Covert Street

116 Covert Street is a condo located in Bushwick, Brooklyn. The building was first built in 2015 and is 9 years old. The lot that the building was built on is 36 feet wide and 100 feet long. The official lot area is listed as 3,584 square feet. The building itself is 36 feet wide and 61 feet long. In total, 116 Covert Street has a total floor area of 6,073 square feet. Of that, 6,073 square feet are used for residential purposes. There are a total of 9 units. Of those, 9 are residential units. There are no commercial units in this building. 116 Covert Street has a total of 5 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. For those who love to work out, there is a fitness center. Both dogs and cats are allowed in the building! There are 17 closings on record, of which we have matching data for 8 listings. In the past 3 years, a listing in this building will typically remain on the market for about 150 days Meaning, listings tend to sell at a median of $738 price per square foot. The transaction that took the longest to complete was unit 2A, listed on Jul 05, 2021 for $735,000. This particular unit ultimately sold 309 days later for $720,000. The most recent transaction was for unit 3A, which was first advertised on Sep 13, 2023, sold for $730,000 on Feb 02, 2024. Fun fact, the oldest transaction we have on record took place on Oct 21, 1977. See the full transaction history for 116 Covert Street below.

Bushwick, where 116 Covert Street is located, has a median asking price of $1,100,000 for condo buildings. Meanwhile, the building itself has a median asking price of $567,000. For interested buyers, that means the building's median asking price is around 0.48% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $599,000. It is a 516 sqft 1-bedroom and 1-bathroom unit.