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Modern Condo Living with Private Outdoor Space in the Heart of Bushwick. Flooded with natural light and tucked away at the rear of the building for exceptional peace and privacy, this loft-inspired one-bedroom condominium offers the perfect blend of modern design, smart functionality, and everyday comfort. The open-concept living and dining area is anchored by a beautifully upgraded chef's kitchen featuring stainless steel appliances, abundant cabinetry, and a custom-built peninsula that provides additional storage, generous prep space, and casual seating—ideal for entertaining or working from home. Just off the living room, nearly 100 square feet of private outdoor space creates a true extension of the home, offering the perfect setting for morning coffee, outdoor dining, or relaxing after a busy day. The spacious bedroom easily accommodates a king-size bed while oversized windows fill the room with natural light. Double closets provide excellent storage, a rare luxury in Brooklyn. Additional highlights include: Central heating and air conditioning Wide-plank 5" red oak hardwood floors Floor-to-ceiling windows In-unit washer and dryer Low-maintenance condominium living Completed in 2016, 116 Covert Street Condominium is a boutique nine-residence elevator building offering amenities typically found in larger developments, including a fitness center and a shared rooftop terrace with skyline views. Perfectly positioned near both the Wilson Avenue L and Halsey Street J trains, the location provides easy access to Williamsburg, Downtown Brooklyn, and Manhattan while placing you in one of Brooklyn's most vibrant neighborhoods, surrounded by acclaimed restaurants, cafés, breweries, parks, and local boutiques. Whether you're searching for your first Brooklyn home or looking to add a strong long-term asset to your investment portfolio, this move-in-ready condominium offers the combination of location, lifestyle, and modern conveniences that today's buyers are looking for.
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:
$529,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $423,200 | $423,200 | $423,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.750% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.902% | 6.118% |
| Monthly Tax Payment | $670 | $670 | $670 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,571 | $2,745 | $3,543 |
| Total Monthly Payment | $3,333 | $3,507 | $4,305 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.