Introducing 186 Covert Street, a standout two-family townhouse in the heart of Bushwick. Spanning approximately 2, 900 square feet, this expansive property delivers seven bedrooms and five full bathrooms, offering a rare combination of scale, versatility, and character.
The home is thoughtfully configured across two units, creating an ideal setup for both investors and end-users. The owner's duplex provides a spacious, flexible layout with direct access to a private outdoor area, along with additional finished lower-level space that expands the overall living footprint. Above, a well-appointed residence features an updated kitchen, generous proportions, and strong natural light, making it highly appealing for rental income or extended living.
Throughout the property, exposed brick elements bring warmth and a distinct Brooklyn aesthetic, blending classic charm with modern updates. Recent improvements and careful upkeep enhance both functionality and long-term value.
Centrally positioned just off Wilson Avenue, the property offers excellent accessibility just a few blocks from nearby subway lines and with a bus route conveniently located right down the block, making commuting throughout Brooklyn and into Manhattan seamless. Outdoor and recreational options are close by, with nearby parks offering green space, walking paths, and vibrant community activity.
Surrounded by Bushwick's dynamic mix of cafes, restaurants, and local hotspots, while still tucked away on a residential street, 186 Covert Street presents a compelling opportunity for both lifestyle buyers and investors alike
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
$1,599,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,279,200 | $1,279,200 | $1,279,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,263 | $7,876 | $10,795 |
| Total Monthly Payment | $7,388 | $8,001 | $10,920 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.