Permits Filed: 301 Covert Street, Bushwick

301 Covert Street in March 2015, photo by Christopher Bride for PropertyShark301 Covert Street in March 2015, photo by Christopher Bride for PropertyShark

A cluster of cemeteries at the eastern edge of Bushwick has marked the border of gentrified Brooklyn for years, but development in the area is starting to push that border closer to East New York. A developer based in South Williamsburg has submitted plans for a five-story building at 301 Covert Street, mid-block between Irving and Knickerbocker avenues.

The 55-foot-tall building would have 19 apartments. They’d be spread across 13,200 square feet of residential space, creating average apartments measuring just under 700 square feet. Those small units mean rentals are likely in the works.

One apartment and a recreation room would fill the ground floor, followed by five units each on the middle floors and three units on the fifth floor. There will also be an open parking lot for 10 cars, which is what zoning requires.

The developer is Urban View, headed by Bob Michaeli, and Woody Chen’s Elmhurst-based engineering firm Infocus P.C. applied for the permits.

Urban View picked up the 6,000-square-foot lot for $2,320,000 last November, paying about $175 for each square foot of their planned project. The property includes a two-family brick home and a large, mostly vacant plot next door. No demolition permits have been filed for the house.

The area near the Wilson and Halsey L stops still lacks amenities and retail, but the real estate market is starting to heat up. Two blocks closer to the Wilson Avenue L stop on Decatur Street, developer Rimon Gabay plans to build a four-story, 32-unit condo building. And a big outdoor bar, Nowadays, opened next to the freight tracks in the hood last summer.

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TFC Horizon

1 Comment on "Permits Filed: 301 Covert Street, Bushwick"

  1. I’m sure this will be a stunner.

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