EPIC Commercial Realty is pleased to announce the sale of 37 Covert Street, a development site in Bushwick, Brooklyn.

Located between Bushwick Avenue and Broadway, this vacant two-story residential building is comprised of two apartments. Sitting on a 2,700 square foot lot, the property is built to 2,400 square feet, and has 5,940 square feet of development rights. The building is ideally situated three blocks away from the Halsey Street [J] and five blocks from the Chauncey Street [J, Z] train stations.According to EPIC Commercial Senior Associate Broker, Shay Zach, "This adds up to the condo pipeline of Bushwick that has slowly dwindled in the last year. I assume this parcel would become 6-8 condo units in the near future.”

With Williamsburg becoming one of the most expensive neighborhoods in New York City, Bushwick has undergone a massive investment and development process over the past few years, particularly around the Jefferson and Dekalb [L] train stations. With new retail shops, restaurants and nightlife areas continuously opening up around the neighborhood, Bushwick has become one of the most desirable areas of Brooklyn.

EPIC Commercial Realty sold 37 Covert Streetfor $1,070,000. Senior Associate Broker, Shay Zach, represented both the seller and the buyer.

About EPIC Commercial Realty

EPIC Commercial Realty is a full-service commercial investment brokerage firm that provides comprehensive and innovative real estate solutions to investors, property owners, and corporations worldwide. EPIC Commercial Realty is dedicated to continuously developing dynamic relationships resulting in increased capital beyond the expectation of our clients. Through such principles as integrity and hard work, we strive to develop into an esteemed commercial investment resource for property owners, investors, and corporations worldwide.