186 COVERT St, Brooklyn, NY 11207
Spacious 3-unit property in prime Bushwick location.
- Added:
- Apr 21, 2026
- Days on Market:
- 52
- Last Refresh:
- Apr 21 at 12:37 am
Property Features for 186 COVERT St
General Information
- Standard status
- Active
- Size
- 2,900 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1925
Listing agent Mark Joseph Berchin (347) 831-5531
Listing office (347) 831-5531
Listing date Apr 21, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Mark Joseph Berchin
HighLights
- Excellent Transit: Rider's Paradise with a transit score of 100, near subway lines and bus routes for easy commuting to Brooklyn and Manhattan.
- Three‑Family Townhouse: Versatile property suitable for investors or owner‑occupiers seeking rental income.
- Spacious Layout: Approximately 2,900 sq ft with seven bedrooms and five full bathrooms.
- Owner's Duplex with Private Outdoor Space: Includes access to a private outdoor area and finished lower‑level space.
- Prime Bushwick Location: Close to cafes, restaurants, parks, and local hotspots.
- Updated and Well‑Maintained: Features updated kitchens, exposed brick, and recent improvements.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $147.9k | $51.00 |
| − Vacancy | −$2.8k | −$0.97 |
| EGI | $145.1k | $50.03 |
| − OpEx | −$43.5k | −$15.01 |
| NOI | $101.6k | $35.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.90849
- Latitude
- 40.689827