NOT LISTED FOR SALE

Estimated Value: $1,186,000 - $1,222,000

6 Beds
3 Baths
756 Sq Ft
$1,596/Sq Ft Est. Value

Last Sold August 12, 2024

Last sale price $1,200,000 $1,587 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,852/month

209 Days on Market

About This Home

As of August 2024

Welcome to 74 Covert Street. This turnkey two family home offers a huge private backyard with the lower duplex and a convenient rental unit above. Live with substantial rental income or purchase a high yielding turnkey investment property in one of the hottest areas in Brooklyn.

Step inside the lower duplex and you're greeted by a vast living and dining room, perfect for entertaining guests or relaxing. The open-concept design seamlessly connects to the nearby kitchen, featuring custom cabinetry, a sleek mosaic tile backsplash, and a full suite of Frigidaire appliances. Your own washer and dryer is conveniently located by the back door as you step outside to your very own private and beautifully landscaped backyard, a serene oasis in the city. Make your way upstairs to the second level, where you'll find three generous bedrooms, another bathroom, and a spacious den.

The third floor apartment boasts hardwood floors and great natural light from an abundance of large windows. The open kitchen features stainless steel appliances and custom cabinetry. The 3 bedrooms offer a cozy and comfortable retreat, while the well-finished bathroom adds a touch of luxury. With a washer and dryer in-unit, convenience is at your fingertips.

Located just minutes from the Chauncey Street, Wilson Avenue, and Bushwick Avenue subway stations, commuting around Brooklyn and into Manhattan is a breeze. And when it's time for a night out, you'll be spoiled for choice with a variety of delectable neighborhood dining options.

Last Agent to Sell the Property

Ari Harkov

Brown Harris Stevens Residential Sales LLC License #10301202788 Listed on: 10/10/2023

Brown Harris Stevens Residential Sales LLC

Co-Listed By

Christian Emanuel

Brown Harris Stevens Residential Sales LLC License #10401241909

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,144

Year Built

  • Built in 1920

Lot Details

  • 1,800 Sq Ft Lot
  • Lot Dimensions are 100.00x18.00

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Additional Features

  • 2-Story Property
  • Central Air

Community Details

  • Bushwick Subdivision

Listing and Financial Details

  • Legal Lot and Block 0022 / 03421

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,144

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bushwick
  • Architectural Style: Walk-Up
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area Units: Square Feet
  • Rooms (Total): 10
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 6

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other, Washer Hookup, In Unit
  • Green Building Features: Green Building
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 1800.0
  • Lot Size Dimensions: 100.00x18.00

Building Info

  • New Construction: No
  • Building Name: 74 Covert Street
  • Units: 2
  • Total Stories: 2
  • Year Built: 1920

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 03421
  • Tax Lot: 0022
  • Tax Annual: 3144.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Jul 30, 2024
Sold by
Nrl Urf Llc
Bought by
Herndon Thomas and Saeidinezhad Elham
Seller's Agent
Ari Harkov
Brown Harris Stevens Residential Sales LLC
List Price
$1,295,000
Sold Price
$1,200,000
Premium/Discount to List
-$95,000
-7.34%
Views
115
Current Estimated Value
$1,206,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,557
Avg. Annual Appreciation
0.53%
Original Mortgage
$1,129,207
Outstanding Balance
$1,117,423
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$89,134

Purchase Details

Closed on
Dec 23, 2022
Sold by
Us Masters 2 Llc
Bought by
Usm 3 Llc

Purchase Details

Closed on
Mar 18, 2015
Sold by
Newtown Jets Llc and Dixon Advisory
Bought by
Nrl Urf Llc

Purchase Details

Closed on
Jun 20, 2013
Sold by
Liel Group Llc
Bought by
Newtown Jets Llc

Purchase Details

Closed on
Oct 17, 2012
Sold by
Williams Mary Davis and Williams Nick
Bought by
Liel Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2012
Sold by
Davis-Williams Mary and Ramos Nelson
Bought by
Davis Williams Mary and Williams Nick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 1999
Sold by
Vernon Homes Corp
Bought by
Williams Nick and Davis Williams Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
7.78%

Purchase Details

Closed on
Oct 15, 1997
Sold by
Hall Elizabeth
Bought by
Vernon Homes Corp
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
Herndon Thomas $1,200,000 --
Usm 3 Llc -- --
Usm 3 Llc -- --
Us Masters 2 Llc -- --
Nrl Urf Llc -- --
Nrl Urf Llc -- --
Newtown Jets Llc $680,000 --
Newtown Jets Llc $680,000 --
Liel Group Llc $230,000 --
Liel Group Llc $230,000 --
Davis Williams Mary -- --
Davis Williams Mary -- --
Williams Nick $179,500 --
Williams Nick $179,500 --
Vernon Homes Corp $75,000 --
Vernon Homes Corp $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herndon Thomas $1,129,207
Previous Owner Liel Group Llc $260,000
Previous Owner Williams Mary $8,420
Previous Owner Williams Nick $178,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2024 08/12/24 Sold $1,200,000 0.0% $1,587 / Sq Ft
08/12/2024 08/12/24 Price Changed $1,200,000 -7.3% $1,587 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
10/10/2023 10/10/23 For Sale $1,295,000 -- $1,713 / Sq Ft
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 $3,332 $78,780 $12,360 $66,420
2024 $3,332 $67,440 $12,360 $55,080
2023 $3,179 $67,380 $12,360 $55,020
2022 $2,215 $66,240 $12,360 $53,880
2021 $2,940 $51,900 $12,360 $39,540
2020 $1,462 $50,040 $12,360 $37,680
2019 $2,892 $50,040 $12,360 $37,680
2018 $2,659 $13,046 $2,582 $10,464
2017 $2,513 $12,330 $3,741 $8,589
2016 $2,328 $11,643 $3,383 $8,260
2015 $1,403 $11,643 $3,757 $7,886
2014 $1,403 $11,520 $4,463 $7,057
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10956102

Real Estate Board of New York (REBNY)

APN: 03421-0022