NOT LISTED FOR SALE

116 Covert St Unit 5A Brooklyn, NY 11207

Bushwick Neighborhood

Estimated Value: $723,520 - $773,000

1 Bed
1 Bath
-- Sq Ft
3,615 Sq Ft Lot

Last Sold December 04, 2018

Last sale price $599,000

Est. 26% increase in value since last sale

Current estimated payment $4,730/month

Highlights

  • City View
  • Furnished
  • West Facing Home
  • Deck
  • No HOA
  • 1-minute walk to Tiger Playground

About This Home

As of February 2024

Welcome to the Penthouse
Fully Furnished

Step into a private-keyed elevator that transports you to your one-bedroom, one-bathroom apartment, providing western and northern exposure with abundant natural light.

The condo is adorned with warm grey satin-finished oak floors. The living room and kitchen showcase Arctic White quartz countertops, a vintage wood-like tile backsplash, and custom cabinetry with rich white matte and textured wooden finishes. For your convenience, we have included a Bosch dishwasher appliance, and the space is equipped with an electric stove and oven, along with a stainless-steel Fisher & Paykel refrigerator. Additionally, a concealed stackable washer and dryer are provided for your convenience.

Relax on the fully furnished deck, offering stunning views of the skyline. The bathroom features a timeless subway-tile finish, a deep soaking tub, and an expansive custom vanity. Two private outdoor spaces, a gorgeous wrap-around deck, and a separate balcony are fully furnished with couches, lounge chairs, a hammock, and more. Access these retreats through three private entry points, including one directly from the bedroom.

Don't delay any further; book an appointment today and transform this penthouse apartment dream into a reality.

Last Agent to Rent the Property

Elizabeth Mendoza

Douglas Elliman Real Estate License #10401365550 Listed on: 02/09/2024

Douglas Elliman Real Estate

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2016

Lot Details

  • 3,615

Home Design

  • Entry on the 5th floor

Interior Spaces

  • Furnished
  • City Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Additional Features

  • Deck
  • West Facing Home
  • No Cooling

Community Details

  • No Home Owners Association
  • High-Rise Condominium
  • Bushwick Subdivision
  • 5-Story Property

Listing and Financial Details

  • Property Available on 2/9/24
  • Legal Lot and Block 0015 / 03422

Condo Details

Home Type

Condominium

Year Built

Built in 2016

Lot Details

0

Rental Info

  • Land Lease: No
  • Furnished: Furnished
  • Available Date: 2024-02-09

Listing Details

  • Exposures: West
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Bushwick
  • Entry Level: 5
  • Structure Type: High Rise
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: Deck

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, Washer Hookup, In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Total Stories: 5
  • Year Built: 2016

Tax Info

  • Tax Block: 03422
  • Tax Lot: 0015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2018
Closed on
Jan 4, 2019
Sold by
Bass Delaney M and Bass Jennifer
Bought by
Albarn Damon
Seller's Agent
Davide Somasca
Compass
List Price
$675,000
Sold Price
$599,000
Premium/Discount to List
-$76,000
-11.26%
Current Estimated Value
$753,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,630
Avg. Annual Appreciation
3.29%

Purchase Details

Closed on
Dec 16, 2016
Sold by
Covert Upreal Llc
Bought by
Bass Delaney M and Bass Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Albarn Damon $622,500 --
Bass Delaney M $560,038 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bass Delaney M $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2024 02/19/24 Price Changed $2,700 0.0% --
02/16/2024 02/16/24 Under Contract -- -- --
02/16/2024 02/16/24 Rented $2,700 -10.0% --
02/09/2024 02/09/24 For Rent $3,000 0.0% --
12/04/2018 12/04/18 Sold $599,000 -11.3% -- View Prior Sale
11/04/2018 11/04/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $675,000 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,519 $94,685 $11,020 $83,665
2024 $9,519 $78,888 $11,020 $67,868
2023 $8,648 $76,902 $11,020 $65,882
2022 $7,987 $75,578 $11,020 $64,558
2021 $7,415 $60,444 $11,020 $49,424
2019 $9,129 $72,380 $11,020 $61,360
2018 $10,516 $82,683 $10,070 $72,613
2017 $4,903 $38,548 $8,595 $29,953
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10934535

Real Estate Board of New York (REBNY)

APN: 03422-1009