Attached Duplex with Front
60 Covert Street Brooklyn, NY 11207
60 Covert Street, Brooklyn, NY, 11207
$950,000
For Sale
$950,000
Attached duplex with covered, fenced front porch and separate ground-floor one-bedroom unit plus second- and third-story three-bedroom unit.
Property Size2,430 SF
Price / SF$390.95
Days on Market93
Property Features for 60 Covert Street
General Information
- Standard status
- Active
- Size
- 2,430 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1920
Listing agency
Keller Williams Rty Gold Coast
(516) 482-0200
Listed by
John F. Brady
(516) 482-0200
Source
Compass
Added: Apr 22 Updated: Jul 21 at 2:42PM Checked: Jul 22 at 7:34AM
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 Keller Williams Rty Gold Coast
Investment Insights
Based on property information with market context.
This attached duplex offers a covered, fenced front porch and two residential configurations. The ground floor is set up as a one bedroom, one bath apartment. The second and third stories function together as a three bedroom, one bath apartment.
The property is described as being in the Bushwick area of Brooklyn, close to buses, parks, and schools, with many restaurants and stores nearby. The seller notes that some TLC is needed, creating an opportunity for a buyer to update and personalize the home.
The overall layout supports two distinct living levels, which may be suitable for an owner-occupant arrangement or an investment strategy, depending on how the units are managed and used.
The property is described as being in the Bushwick area of Brooklyn, close to buses, parks, and schools, with many restaurants and stores nearby. The seller notes that some TLC is needed, creating an opportunity for a buyer to update and personalize the home.
The overall layout supports two distinct living levels, which may be suitable for an owner-occupant arrangement or an investment strategy, depending on how the units are managed and used.
Key Highlights
- Attached duplex in the Bushwick area of Brooklyn
- Separate units: ground‑floor 1‑bedroom/1‑bath plus second- and third‑story 3‑bedroom/1‑bath
- Covered front porch with fenced yard and fenced property perimeter
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 | $123.9k | $51.00 |
| − Vacancy | −$2.4k | −$0.97 |
| EGI | $121.6k | $50.03 |
| − OpEx | −$36.5k | −$15.01 |
| NOI | $85.1k | $35.02 |
2,430 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.22M
$1.06M – $1.42M
NOI $85,103 @ 7.0% cap · market cap 8.96%
Second Best
Apartment 5plus
$1.06M
$927.3K – $1.24M
NOI $74,185 @ 7.0% cap · market cap 7.81%
Theoretical Best
Specialty Retail
$2.01M
$1.76M – $2.35M
NOI $140,843 @ 7.0% cap · market cap 14.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Attached duplex with covered, fenced front porch and separate ground-floor one-bedroom unit plus second- and third-story three-bedroom unit.
Where is this duplex located?
The property is located at 60 Covert Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Attached duplex in the Bushwick area of Brooklyn; Separate units: ground‑floor 1‑bedroom/1‑bath plus second- and third‑story 3‑bedroom/1‑bath; Covered front porch with fenced yard and fenced property perimeter
