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241 Covert StreetWestbury, NY 11590

For Sale

$879,999

Smart Buyer Rebate $8,800

Rare Investment Opportunity: Multi-Family
This isn't just another listing; it’s a once-in-a-lifetime opportunity to secure a high-performing asset with built-in growth potential. Whether you are looking for a turnkey rental machine or a project with a massive upside, this property delivers on every front.
Property Highlights
Current Configuration: Legal two-family residence.
Major Renovations (2010): Peace of mind comes standard. The property underwent a comprehensive overhaul in 2010, including:
Updated Plumbing: Modernized throughout.
Upgraded Electric: Total system overhaul.
New Sheetrock: Clean, modern finishes in both units.
Mechanicals: Equipped with high-efficiency Separate boilers in both units.
Utilities: Separate electric meters for each unit, keeping overhead low and management simple.
Financials & Value Add
Current Rent Roll: Generating a robust $6,700 per month.
Why This Property?
The heavy lifting has already been done. With the major systems updated and a strong existing rent roll, you can collect a premium income from day one while pursuing the third-unit conversion. Multi-family properties with this level of upkeep.
Investor Note: High demand and a proven income stream make this an ideal candidate for 1031 exchanges or a cornerstone for any real estate portfolio.
Don't wait—opportunities with this much "meat on the bone" disappear fast.

Listed by Joseph Ricco Jr

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Coldwell Banker American Homes

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516-334-4333

Last updated August 04, 2026

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Source: OneKey #991058

Listing Facts

  • TypeMulti-family
  • NeighborhoodNew Cassel
  • Bedrooms6
  • Bathrooms2
  • Days on Prevu141
  • Taxes$13,217/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

04/27/2026
Listed by Coldwell Banker American Homes
$879,999
  1. 04/27/2026$879,999
    Listed by Coldwell Banker American Homes

Property Details for 241 Covert Street

Exterior

Construction

  • Number Of Units Total: 2
  • Year Built: 1908
  • Construction Materials: Frame

Measurements

  • Building Area Units: Square Feet
  • Lot Size Square Feet: 5,046

Financial

Taxes

  • Parcel Number: 2289-11-099-00-0031-0
  • Tax Annual Amount: $13,217.00
  • Tax Year: 2025

Interior

Features

  • Interior Features: First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Entrance Foyer, Storage, Washer/Dryer Hookup

Rooms

  • Basement: Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 6

Other

Location

  • Tax Block: 28
  • Tax Lot: 31

Parking

Parking

  • Parking Features: Driveway
  • Parking Total: 6

Schools

Elementary School

  • Elementary School: Park Avenue School - Westbury
  • Elementary School District: Westbury

High School

  • High School: Westbury High School
  • High School District: Westbury

Middle or Junior School

  • Middle Or Junior School: Westbury Middle School
  • Middle Or Junior School District: Westbury

Utilities

Equipment

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Trash Collection Public, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 6 bedrooms and 2 bathrooms in this multi-family home at 241 Covert Street.

What schools are nearby to 241 Covert Street?

Nearby schools include the Park Avenue School - Westbury Elementary School, Westbury Middle School, and Westbury High School.

Does this multi-family home have parking?

Yes, there are 6 parking spaces available for 241 Covert Street.

What are the annual taxes for 241 Covert Street?

Annual taxes for this multi-family home are estimated at $13,217.

How does 241 Covert Street compare to other multi-family homes in New Cassel?

This multi-family home is listed 0% below the average price for multi-family homes in New Cassel and has been on the market for 93 more days than the typical home in this area.

241 Covert Street is a 6-bedroom, 2-bath multi-family home for sale in Westbury NY 11590. Listed on Prevu for 141 days at $879,999. This property is located in New Cassel. The median listing price for multi-family homes in this area is $761,500. Nearby schools include Park Avenue School - Westbury Elementary School, Westbury Middle School, and Westbury High School. Property amenities include parking. Explore more multi-family home listings in Nassau County.

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.