116 COVERT Street #4A, New York City, NY 11207

Bushwick, New York City, NYCourtesy of Serhant
116 COVERT Street #4A, Bushwick, Brooklyn, NY 11207 - Main property photo
116 COVERT Street #4A, Bushwick, Brooklyn, NY 11207 - Property photo 2 of 8
116 COVERT Street #4A, Bushwick, Brooklyn, NY 11207 - Property photo 3 of 8
116 COVERT Street #4A, Bushwick, Brooklyn, NY 11207 - Property photo 4 of 8
116 COVERT Street #4A, Bushwick, Brooklyn, NY 11207 - Property photo 5 of 8
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The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures beside this are illustrative, based on a 3% buyer-broker commission; your share follows the commission offered on the transaction.

Contract Purchase Price$699,000
Illustrative Buyer Commission Share-$10,485*
Illustrative Net Cost$688,515
Listing Price
$699,000Price Reduced-$50,000 (6.7%)

From $749,000 on

Common Charges$651 / mo
Monthly Taxes
Price per Sqft
Brokerage FeeShare Eligible
2
Beds
2
Baths
Sqft
Illustrative Buyer Savings
+$10,485*
50% of a 3% buyer-broker commission, shared at closing
Regis Roumila

Regis Roumila

Verified Member: REBNY · NAR

NYDOS LIC#: 10491211335

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Property Overview

Experience this Bushwick gem featuring contemporary modern design throughout that captures the sunlight through nearly full-wall windows and provides great city views.

This two bedroom and two bathroom on the fourth floor of an elevator building also boast a large private western facing balcony, perfect for hosting or enjoying outdoor dining.

Entering the open layout apartment you'll notice the Grey satin-finished oak floors as well s the designer kitchen that features Arctic White quartz countertops with custom cabinetry with top of the line appliances. Central air and hea...

Property Details

PROPERTY TYPECondominium
BEDS2
BATHS2
ROOMS4
STORIES1
YEAR BUILT2016
COMMON CHARGES$651 / Monthly
LISTED ONMay 27, 2026
DAYS ON MARKET113 Days
 
 
 

Residence Features

Washer Hookup
In Unit
Balcony
Private Outdoor Space Over 60 Sqft
High Ceilings
Dishwasher
City
Panoramic

Estimated Monthly Payment

$4,186/ month
Principal & Interest$3,53584% of totalCommon Charges$65116% of total
Down Payment$139,800 (20%)
Interest Rate6.5%
Loan Term
Principal & Interest
$3,535
Common Charges
$651

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

Sales and market data

Recent sales

3 apartments at 116 COVERT Street have recorded sales since September 2021, the most recent for $1,870,000 in May 2024. Prices are the figures recorded with the City, not asking prices.

Recorded sales at 116 COVERT Street, September 2021 – May 2024
Entire propertyMulti Family52,820$1,870,000$663/ft²May 15, 2024MLS
3AApartment2Square footage not recorded$730,000No square footage recorded for this saleFebruary 2, 2024City record · MLS
2AApartment2740$720,000$973/ft²May 11, 2022City 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

This home
$699,000
Median sold price
$905,000
Difference
-$206,000 (-22.8%)
Median $/ft²
$1,028
Comparable sales
36
Sales from
Oct 2024 – Jun 2026

Based on condo two-bedroom sales in Bushwick.

More market data
Middle half of those sales
$789,104 – $975,000

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
97.7%
Sold below asking
70%
Typical time to find a buyer
41 days
Typical time to close
79 days

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

Price trend

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

Median sold price by year for condo and house two-bedroom sales in Bushwick, 2022 to 2026, with the number of sales behind each year
YearMedian sold priceSales
2022$799,50018
2025$950,00018
2026 YTD$883,25018

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

Sales data through June 2026.

Sale prices and dates are based on NYC ACRIS records. MLS closing dates may differ. Historical sales are not an appraisal or valuation of this property.

Price and Property History for 116 COVERT Street, Unit 4A

Review the recorded listing activity for 116 COVERT Street, Unit 4A, including asking-price changes and prior market dates.

Latest price change
Reduced by $50,000, or 6.7%, on August 16, 2026
Originally listed
May 27, 2026 at $749,000
Current asking price
$699,000
Listing and price history for 116 COVERT Street, Unit 4A
DatePriceListing event
$699,000Asking price reduced by $50,000, or 6.7%
$749,000Listed for sale by Serhant

Property Tax History

Taxes at 116 COVERT Street #4A were $11,495 in 2026.

New York City Department of Finance property tax history for 116 COVERT Street #4A, 2017 to 2026
YearTax AssessmentLandAdditionsBillable ValueProperty TaxTax Rate
2026FY 2026/27$132,951$12,897$120,054$91,959$11,49512.5%Estimated
2025FY 2025/26$110,811$12,897$97,914$91,959$11,49512.5%Estimated
2024FY 2024/25$92,324$12,897$79,427$89,110$11,13912.5%
2023FY 2023/24$90,000$12,897$77,103$82,509$10,31512.502%
2022FY 2022/23$88,450$12,897$75,553$76,397$9,37212.267%
2021FY 2021/22$70,738$12,897$57,841$70,738$8,65512.235%
2020FY 2020/21$77,657$12,897$64,760$77,657$9,52612.267%
2019FY 2019/20$84,708$12,897$71,811$84,708$10,56612.473%
2018FY 2018/19$96,768Not publishedNot published$96,768$12,20412.612%
2017FY 2017/18$45,115Not publishedNot published$45,115$5,73812.719%

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them 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 3034221007. 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.

About The Building

116 COVERT Street

116 COVERT Street

116 COVERT Street, Brooklyn, NY 11207

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

YEAR BUILT2016
ACTIVE UNITS1
FLOORS1

Interested in 116 COVERT Street?

Consult Régis for private buyer guidance, off-market opportunities, building financials, board package requirements, closing costs, and potential Buyer Savings.

Available Residences

4A22
$699,000(-6.7%)
SerhantMay 27, 2026112 days
3B11
$529,000
In contract
CompassJul 17, 202661 days

In the Neighborhood

Nearby Schools

Public School 450.1 miles
Public School 1130.22 miles
Public School 2990.43 miles
Hybrid Movement Company0.46 miles
Brooklyn Landmark Elementary School0.52 miles

* Distances are approximate line-of-sight metrics.

Map

Bushwick

Overview of Bushwick

Bushwick is New York's capital of street art and industrial cool. A former manufacturing hub, it has transformed into a globally recognized center for creativity, nightlife, and youth culture. For buyers seeking Bushwick Brooklyn real estate, it offers converted lofts, colorful streetscapes, and an energy that is unmatched anywhere else in the borough. Living in Bushwick is vibrant. The streets are a living canvas, home to the Bushwick Collective outdoor gallery. As a premier Brooklyn NYC neighborhood with no strict zoning height limits in many parts, it is a landscape of constant reinvention.

Real Estate & Housing Market

The market for homes for sale in Bushwick is diverse. It ranges from vinyl-sided multi-family homes to massive industrial loft conversions and sleek new condo developments. Investors and first-time buyers flock here for the potential. While prices have risen, it still offers more square footage than Williamsburg.

Lifestyle & Community

The lifestyle in Bushwick is nocturnal and artistic. Residents dine at Roberta's (famous for pizza), drink at House of Yes (famous for performance art parties), and shop at vintage stores. The community is a dynamic mix of the long-standing Latino community and a massive influx of artists, musicians, and young professionals.

Transportation & Accessibility

Bushwick is served by the L, M, and J/Z trains. The L train at Morgan or Jefferson provides a direct 15-minute shot to Union Square. The M train offers an elevated view of the city and connects easily to Midtown.

Parks, Schools & Amenities

Maria Hernandez Park is the neighborhood's living room, filled with soccer games, dog walkers, and skaters. Amenities are unconventional: instead of big-box stores, you have art supply shops, techno clubs, and organic bodegas.

Who This Neighborhood Is Best For

Bushwick is best for artists, nightlife lovers, and investors looking for a high-growth neighborhood with a distinct edge.
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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.