---
title: "116 Covert Street #3B, New York City, NY 11207"
description: "116 Covert Street #3B, New York City, NY 11207 — Bushwick, New York City, NY. Last Sold Price $525,000. Sold on 11/2/2026. 1 bed, 1 bath"
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11207/116-covert-street-3b-ny-11207"
source: "Real Estate Rebate Team"
dateModified: "2026-11-02T23:05:27.600Z"
status: "Closed"
---

# 116 Covert Street #3B, New York City, NY 11207

Bushwick, New York City, NY

Courtesy of Compass

Last updated: November 2, 2026, 6:05 PM

## At a Glance

- **Last Sold Price**: $525,000
- **Status**: Sold on 11/2/2026
- **Beds**: 1
- **Baths**: 1
- **Common Charges**: $535 / mo
- **Monthly Taxes**: $670 / mo
- **Brokerage Fee**: Share Eligible

This listing was successfully closed and is no longer active on the market.

[Planning to sell? Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

## Photos (5)

![116 Covert Street #3B, New York City, NY 11207 — photo 1 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f3388ee6-e72e-4c6d-abb0-dfdda86108e7.jpg)
![116 Covert Street #3B, New York City, NY 11207 — photo 2 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/18814a7d-db5a-4117-9ece-0fb13ba7debb.jpg)
![116 Covert Street #3B, New York City, NY 11207 — photo 3 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1f31e39a-ea47-4b9b-a3b3-70782c5c9d06.jpg)
![116 Covert Street #3B, New York City, NY 11207 — photo 4 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/55ad7008-bd88-4fbc-8ce0-799675f2df5c.jpg)
![116 Covert Street #3B, New York City, NY 11207 — photo 5 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a170a3d9-9126-4d18-a40f-1045ca1c9f2b.webp)

## Property Overview

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.

## Property Details

- **Property Type**: Condominium
- **Beds**: 1
- **Baths**: 1
- **Rooms**: 3
- **Stories**: 1
- **Year Built**: 2015
- **Common Charges**: $535 / Monthly
- **Monthly Taxes**: $670 / mo
- **Listed On**: Jul 17, 2026
- **Days on Market**: 111 Days

### Residence Features

- Central
- In Unit
- See Remarks
- Balcony
- Private Outdoor Space Over 60 Sqft
- His and Hers Closets
- Stainless Steel Appliance(s)
- Hardwood
- Skyline

## Estimated Monthly Payment

**$3,860 / month**, assuming a 20% down payment ($105,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $2,655
- **Property Taxes**: $670
- **Common Charges**: $535

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### Recent sales

4 apartments at 116 COVERT Street have recorded sales since November 2021, the most recent for $525,000 in November 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 3B (Apartment) | 1 | — | $525,000 | — | November 2, 2026 | MLS |
| Entire property (Multi Family) | 5 | 2,820 | $1,870,000 | $663/ft² | May 15, 2024 | MLS |
| 3A (Apartment) | 2 | — | $730,000 | — | February 2, 2024 | City record · MLS |
| 2A (Apartment) | 2 | 740 | $720,000 | $973/ft² | May 11, 2022 | City record · MLS |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

- **Last sold price**: $525,000
- **Median sold price**: $594,500
- **Difference**: -$69,500 (-11.7%)
- **Median $/ft²**: $1,047
- **Comparable sales**: 28
- **Sales from**: January 2025 – July 2026
- **Middle half of those sales**: $548,750 – $661,328

Based on condo one-bedroom sales in Bushwick.

This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Bushwick instead.

### How these sales were negotiated

- **Sale-to-list price**: 100% (24 sales)
- **Sold below asking**: 46% (24 sales)
- **Typical time to find a buyer**: 41 days (25 sales)
- **Typical time to close**: 64 days (22 sales)

Based on condo one-bedroom sales in Bushwick with the required listing and closing data. Sample sizes vary by metric.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

### Price trend

Median sale price, condo and house one-bedroom sales in Bushwick

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2018 | $503,958 | 18 |
| 2021 | $545,000 | 19 |
| 2022 | $617,500 | 12 |
| 2023 | $612,233 | 10 |
| 2025 | $566,250 | 12 |
| 2026 YTD | $625,000 | 19 |

Based on recorded condo and house one-bedroom sales in Bushwick. 2026 is year-to-date.

Sales data through November 2026.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 116 COVERT Street](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/116-covert-street)

## Price and Property History for 116 Covert Street, Unit 3B

Review the recorded listing activity for 116 Covert Street, Unit 3B, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $4,000, or 0.8%, on November 2, 2026
- **Originally listed**: July 10, 2026 at $529,000
- **Last sold**: $525,000 on November 2, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| November 2, 2026 | $525,000 | Sold |
| November 2, 2026 | $525,000 | Asking price reduced by $4,000, or 0.8% |
| September 8, 2026 | $529,000 | Entered contract |
| July 10, 2026 | $529,000 | Listed for sale by Compass |

## Property Tax History

Taxes at 116 Covert Street #3B were $8,084 in 2026, up 0.5% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $93,497 | $9,069 | $84,428 | $64,671 | $8,084 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $77,927 | $9,069 | $68,858 | $64,671 | $8,044 | 12.439% |
| 2024 (FY 2024/25) | $64,927 | $9,069 | $55,858 | $62,667 | $7,833 | 12.5% |
| 2023 (FY 2023/24) | $63,291 | $9,069 | $54,222 | $58,025 | $7,254 | 12.502% |
| 2022 (FY 2022/23) | $62,203 | $9,070 | $53,133 | $53,727 | $6,591 | 12.267% |
| 2021 (FY 2021/22) | $49,747 | $9,070 | $40,677 | $49,747 | $6,087 | 12.235% |
| 2020 (FY 2020/21) | $54,612 | $9,070 | $45,542 | $54,612 | $6,699 | 12.267% |
| 2019 (FY 2019/20) | $59,571 | $9,070 | $50,501 | $59,571 | $7,430 | 12.473% |
| 2018 (FY 2018/19) | $68,052 | — | — | $68,052 | $8,583 | 12.612% |
| 2017 (FY 2017/18) | $31,727 | — | — | $31,727 | $4,035 | 12.719% |

The City has not published the official FY2026/27 tax rate yet. We calculated the tax for that year using the prior year’s rate, so treat it as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 3034221006. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 116 COVERT Street

116 COVERT Street, Brooklyn, NY 11207

A building in the neighborhood, currently featuring 1 active listing.

- **Year Built**: 2016
- **Active Units**: 1
- **Floors**: 1

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/116-covert-street)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [4A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11207/116-covert-street-a-4A-ny-11207) | 2 | 2 | — | — | $649,000 (-7.2%) | Serhant | May 27, 2026 | 162 days |

### Recently Sold (1)

| Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [3B](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11207/116-covert-street-3b-ny-11207) | 1 | 1 | — | — | $525,000 | Compass | Jul 17, 2026 | Nov 2, 2026 |

## Bushwick

Overview of Bushwick

[Explore Bushwick](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/bushwick) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Bushwick

- [Ridgewood real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/ridgewood)
- [Williamsburg real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/williamsburg)
- [Crown Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/crown-heights)
- [Glendale real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/glendale)
- [Cypress Hills real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/cypress-hills)

## Related Links

- [116 COVERT Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/116-covert-street)
- [Bushwick neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/bushwick)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
