NOT LISTED FOR SALE

Estimated Value: $1,155,954 - $1,441,000

2 Beds
1.5 Baths
3,040 Sq Ft
$442/Sq Ft Est. Value

Last Sold May 07, 2024

Last sale price $1,400,000 $461 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $7,546/month

About This Home

As of June 2024

18 Covert Street #1 is a 2bedroom + 2home office, one & a half bathroom duplex with a private backyard, a washer & dryer, original details and tons of living space! Enter through the garden level, and find a large amount of protected space under the stoop to store strollers, bicycles, and much more. A large foyer has space for coats and shoes, keeping these items out of your living space! The bright living room has tons of natural light, plenty of space for a couch, entertainment system, and dining table. The decorative fireplace adds a hint of original charm. The renovated kitchen has a large porcelain farmhouse sink, dishwasher, full sized French Door refrigerator, tons of counter space, cabinets and drawers, a large center island, and plenty of outlets with USB ports! Just outside the kitchen is a convenient pantry closet to store all of your dry goods! Right next to the pantry, an open space leading out to the backyard is waiting to be transformed into a breakfast bar or used as a dedicated home office. Just in time for summer, this private backyard is perfect for barbecues and has a basketball hoop installed. A charming half bathroom with a pocket door and stylish wallpaper is also on this level. Next to it, there is a staircase leading down to the basement where you have your very own washer & dryer! The cellar has more space for storage. On the second floor, which boasts high ceilings and more original detail, there is a bright full bathroom, with a window, large closet and tub/shower combo! The first bedroom faces southeast and has a decorative fireplace, full length original mirror, and HUGE closet to store all of your belongings. Down the hallway, there is even more storage space with two extra closets! The second bedroom has its own decorative fireplace, full length mirror, PLUS a connected bonus room with stylish Brooklyn wallpaper that can be transformed into a home office or Peleton room. 18 Covert Street is located in prime Bushwick just a few blocks away from The Steel Mill, The Evergreen, and Salud Bar and Grill. Transportation is made easy with the J train at Halsey Street close by, plus plenty of street parking.

Last Agent to Rent the Property

Justine Lee-Mills

Corcoran Group License #10401245431 Listed on: 05/28/2024

Corcoran Group

Co-Listed By

Pia Pankiewicz

Corcoran Group License #10401370635

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,770

Year Built

  • Built in 1920

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100.00x20.00

Interior Spaces

  • 3-Story Property
  • Decorative Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed

Utilities

  • No Cooling

Community Details

  • 2 Units
  • Bushwick Subdivision

Listing and Financial Details

  • Property Available on 6/1/24
  • Legal Lot and Block 0015 / 03420

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,770

Year Built

Built in 1920

Lot Details

0

Rental Info

  • Land Lease: No
  • Furnished: Unfurnished
  • Available Date: 2024-06-01

Listing Details

  • Property SubType: Townhouse
  • Property Type: Residential Lease
  • Neighborhood: Bushwick
  • Entry Level: 1
  • Structure Type: Townhouse
  • ResoPropertyType: ResidentialLease
  • Pets No Pets Comments: case by case,
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area Units: Square Feet
  • Rooms (Total): 5
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2000.0
  • Lot Size Dimensions: 100.00x20.00

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 3
  • Year Built: 1920

Tax Info

  • Tax Block: 03420
  • Tax Lot: 0015

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2024
Closed on
May 7, 2024
Sold by
Weaver Nicole
Bought by
Deng Bingqian
Seller's Agent
Justine Lee-Mills
Corcoran Group
Sold Price
$5,000
Views
4
Current Estimated Value
$1,342,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,337,489
Avg. Annual Appreciation
6.70%
Original Mortgage
$1,120,000
Outstanding Balance
$1,106,101
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$416,984

Purchase Details

Listed on
Mar 5, 2019
Closed on
Mar 8, 2019
Sold by
Castro Emilio and Grimes Jennifer
Bought by
Weaver Nicole
Seller's Agent
Ejona S. Bardhi
Top Nest Inc
Buyer's Agent
Ejona S. Bardhi
Top Nest Inc
Sold Price
$920,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.46%
Original Mortgage
$782,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2007
Sold by
Grimes Jennifer
Bought by
Castro Emilio and Grimes Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,172
Interest Rate
6.43%

Purchase Details

Closed on
Jul 18, 2002
Sold by
Gatlin Renee
Bought by
Grimes Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,250
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 1997
Sold by
Mcbride Dwight E and Curry Cheryl L
Bought by
Gatlin Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
7.48%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Deng Bingqian $1,400,000 --
Deng Bingqian $1,400,000 --
Weaver Nicole $920,000 --
Weaver Nicole $920,000 --
Castro Emilio -- --
Castro Emilio -- --
Grimes Jennifer -- --
Grimes Jennifer -- --
Gatlin Renee $171,000 Fidelity National Title Ins
Gatlin Renee $171,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deng Bingqian $1,120,000
Closed Deng Bingqian $1,120,000
Previous Owner Weaver Nicole $12,347
Previous Owner Weaver Nicole $25,121
Previous Owner Weaver Nicole $782,000
Previous Owner Castro Emilio $7,193
Previous Owner Castro Emilio $546,397
Previous Owner Castro Emilio $27,172
Previous Owner Grimes Jennifer $445,000
Previous Owner Grimes Jennifer $412,000
Previous Owner Grimes Jennifer $360,000
Previous Owner Grimes Jennifer $300,000
Previous Owner Grimes Jennifer $280,250
Previous Owner Gatlin Renee $8,789
Previous Owner Gatlin Renee $169,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2024 06/13/24 Rented $5,000 0.0% --
06/12/2024 06/12/24 Price Changed $5,000 +3.1% $2 / Sq Ft
06/11/2024 06/11/24 Under Contract -- -- --
06/10/2024 06/10/24 Price Changed $4,850 -3.0% $2 / Sq Ft
05/29/2024 05/29/24 For Rent $5,000 0.0% --
05/07/2024 05/07/24 Sold $1,400,000 -4.8% $614 / Sq Ft
02/08/2024 02/08/24 Pending -- -- --
01/23/2024 01/23/24 Price Changed $1,469,900 -1.9% $645 / Sq Ft
12/23/2023 12/23/23 For Sale $1,499,000 +62.9% $657 / Sq Ft
03/08/2019 03/08/19 Sold $920,000 -- $404 / Sq Ft
03/05/2019 03/05/19 Pending -- -- --
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 $2,770 $62,460 $13,200 $49,260
2024 $2,770 $73,500 $13,200 $60,300
2023 $2,648 $75,720 $13,200 $62,520
2022 $2,460 $61,980 $13,200 $48,780
2021 $2,450 $58,080 $13,200 $44,880
2020 $1,218 $61,560 $13,200 $48,360
2019 $2,404 $61,560 $13,200 $48,360
2018 $2,215 $10,866 $2,796 $8,070
2017 $2,093 $10,268 $2,778 $7,490
2016 $1,940 $9,703 $2,600 $7,103
2015 $1,168 $9,703 $2,766 $6,937
2014 $1,168 $9,578 $3,276 $6,302
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10969849

Real Estate Board of New York (REBNY)

APN: 03420-0015