124 Covert St #Building

Property in Bushwick
Active
 for Sale at 124 Covert Street, Brooklyn, NY 11207

13

 for Sale at 124 Covert Street, Brooklyn, NY 11207
 for Sale at 124 Covert Street, Brooklyn, NY 11207
 for Sale at 124 Covert Street, Brooklyn, NY 11207
$1,550,000
5
Beds
3.5
Baths
1
Half Bath
2,508
Ft²
$618
$/ft²
Acres
Cap Rate
Est. Monthly
Cap Rate
Est. Monthly
$7,611
Move-ready interiors, gorgeous outdoor space and exceptional updates await you at 124 Covert, a stunning two-family home in the heart of Bushwick. Configured with a sun-splashed three-bedroom, two-and-a-half-bathroom duplex and a two-bedroom, one-bathroom garden unit, this beautifully maintained and loved home is an ideal find for investors, multigenerational households or homebuyers seeking rental income.

The expansive duplex welcomes you inside with a sunny open floor plan perfect for lively entertaining or cozy relaxation. Stretch out in the large living room surrounded by huge west-facing casement windows, high ceilings, hardwood floors, painted brick and a decorative fireplace flanked by shelving. Ahead, the chef's kitchen impresses with abundant...

Building Features

Outdoor Space

GardenPatio

Building Style

Prewar

Pet Policy

Dogs Allowed / Cats Allowed

Home Features

Outdoor Space

Private Patio

Price History

Date/EventEventPrice
Jan 27, 2023 RelistedRelisted$1,550,000
Jan 26, 2023 Listed by CompassListed by Compass$1,550,000
Jul 14, 2020 Listed by CompassListed by Compass$1,250,000

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$51,600
ExpensesPer Year
$0
Operating ProfitPer Year
$51,600
Cap rate
3.33%

Price Estimate

$1,828,000$1,565,500$1,303,000
20232024202520262027
Current Asking Price

$1,550,000

HopScore Market Price

$1,565,500

The current asking price is $15,500 below the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges
Sold
Townhouse
5
3.5
2,508 ft²
$498/ft²
$1,250,000
Sold
Townhouse
5
3.5
2,200 ft²
$627/ft²
$1,380,000
Sold
Townhouse
5
3
2,835 ft²
$441/ft²
$1,250,000
Sold
Townhouse
4
3
2,632 ft²
$589/ft²
$1,550,000
Sold
Townhouse
6
3.5
3,125 ft²
$456/ft²
$1,425,000

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Building Info

124 Covert Street124 Covert Street, Brooklyn, NY 11207
  • 2 Units
  • 1 Unit for Sale
More about this Building
124 Covert Street
Want to find out who owns 124 Covert Street, Brooklyn, NY 11207? Get detailed property transactions here .

Neighborhood

About Bushwick

Stats & Trends

The median asking price in Bushwick is $1,300,000.
  • Median Asking

    $1,300,000
  • Sale Price/ft²

    $1,041.41
  • Above Asking

    -
  • Days on Market

    100

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Sales History

UnitBedsBathsft²Asking
Common Charges
Listed
Listing Status
Closed
Days on Market
Closing
Above/Below Asking
Buyer(s)
5
3.5
2,508
$1,550,000
-/mo
Jan 26, 2023
Active
-
-
-
-
5
3.5
2,508
$1,250,000
-/mo
Jul 14, 2020
Sold
Oct 16, 2020
94 days
$1,250,000
-
-
-
-
-/mo
-
-
Oct 16, 2020
-
$1,250,000
-
-
-
-/mo
-
-
Jan 28, 2015
-
$895,000
-
-
-
-/mo
-
-
Jan 24, 2014
-
$170,000
-
-
-
-/mo
-
-
Jan 24, 2014
-
-
-
-
-
-/mo
-
-
Oct 31, 2007
-
-
-
-
-
-/mo
-
-
Jun 13, 2000
-
-
-
-
-
-/mo
-
-
Dec 27, 1991
-
-
-

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Unit #Building, 124 Covert Street, Brooklyn, NY 11207


Frequently Asked Questions

What is the median home price in Northern Brooklyn?
The median home price in Northern Brooklyn is $1,400,000, or $981/sqft. When you buy a home in Northern Brooklyn, you can expect to pay between $895,000 to $2,143,750. These figures may differ depending on the location, type, and size of the property.
What is the median home price for a Studio in Northern Brooklyn?
The median home price for a studio in Northern Brooklyn is $1,200,000, or $915/sqft.
What is the median home price for a One-Bedroom in Northern Brooklyn?
The median home price for a one-bedroom home in Northern Brooklyn is $749,000, or $1,111/sqft.
What is the median home price for a Two-Bedroom in Northern Brooklyn?
The median home price for a two-bedroom home in Northern Brooklyn is $1,075,000, or $1,093/sqft.
What is the median home price for a Three-Bedroom in Northern Brooklyn?
The median home price for a three-bedroom home in Northern Brooklyn is $1,850,000, or $1,157/sqft.
What is the median home price for a Four+ Bedroom in Northern Brooklyn?
The median home price for a four+ bedroom home in Northern Brooklyn is $1,900,000, or $687/sqft.
What is the breakdown of listings by bedroom count in Northern Brooklyn?
There are currently 458 available properties for sale in Northern Brooklyn. Of those, 9.39% are studio listings, 15.07% are one-bedroom listings, 19.43% are two-bedroom listings, 8.73% are three-bedroom listings, and 47.38% are four+ bedroom listings.
What is the breakdown of listings by property type in Northern Brooklyn?
There are currently 212 condos, 6 houses, 115 townhouses, and 118 multifamilies located in Northern Brooklyn. Our inventory of available listings is constantly being updated so be sure to check back frequently.
What is the least expensive property sold in the past 12 months in Northern Brooklyn?
The least expensive property sold in Northern Brooklyn for $50,000.
Now, what is the most expensive property sold in the past 12 months in Northern Brooklyn?
The most expensive property sold in Northern Brooklyn for $14,180,000.
How long on average are properties in Northern Brooklyn on the market?
Based on our collected data, properties in Northern Brooklyn are on the market for a median time of 100 days.

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