255 Covert St Brooklyn, NY 11207
Bushwick NeighborhoodEstimated payment $7,384/month
About This Home
255 Covert Street is an AS-IS SALE and presents a compelling opportunity to invest in a versatile, income-producing townhouse in the heart of Brooklyn. Configured as a multi-level property with approximately 2,500+ square feet across the garden, first, and second floors, the layout lends itself seamlessly to both end-user living with rental income or full investor optimization. The home also features an unfinished cellar level, offering additional square footage with significant potential to be built out for storage, recreational use, or further value-add improvements. The property is currently arranged with a garden-level unit featuring a spacious living room, kitchen, full bath, and two bedrooms ideal as a rental or guest suite. Above, the parlor and second floors function as a duplex with a classic layout: a generous living room at the front, a separate dining area, and a full kitchen at the rear on the first level, with direct access to multiple bedrooms. Upstairs, you ll find an additional three-bedroom configuration with another full bath and flexible room sizes, allowing for strong rental potential or reconfiguration into higher-yield layouts. The clear separation of spaces, multiple kitchens, and ample bedroom count make this an attractive setup for investors seeking steady cash flow or value-add potential. Positioned on a quiet residential block in Bushwick, the home is surrounded by one of Brooklyn s most dynamic and rapidly evolving neighborhoods. Just moments away, you ll find local favorites like Roberta s, known for its nationally acclaimed pizza, and Ops, a neighborhood staple for wood-fired dining. Coffee lovers will appreciate nearby spots such as Sey Coffee, while nightlife and entertainment options abound with venues like House of Yes and Elsewhere. For outdoor space, residents can enjoy Irving Square Park and Maria Hernandez Park, both offering green space, recreation, and community events. Transportation is convenient with access to the L train at Halsey Street Station and the J/Z trains at Chauncey Street Station, providing a straightforward commute into Manhattan. Whether you re looking to renovate and maximize rental income, create a live-plus-income residence, or hold as a long-term investment in a high-growth neighborhood, 255 Covert Street offers the scale, flexibility, and location to deliver strong upside potential.
Townhouse Details
Home Type
- Townhome
Home Design
- 2,844 Sq Ft Home
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Community Details
Overview
- Bushwick Community
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $3,224 | $121,980 | $11,520 | $110,460 |
| 2025 | $3,195 | $93,300 | $11,520 | $81,780 |
| 2024 | $3,195 | $84,660 | $11,520 | $73,140 |
| 2023 | $3,048 | $87,540 | $11,520 | $76,020 |
| 2022 | $2,832 | $71,640 | $11,520 | $60,120 |
| 2021 | $2,819 | $78,600 | $11,520 | $67,080 |
| 2020 | $1,399 | $65,700 | $11,520 | $54,180 |
| 2019 | $2,773 | $72,660 | $11,520 | $61,140 |
| 2018 | $2,550 | $12,507 | $2,786 | $9,721 |
| 2017 | $2,410 | $11,822 | $2,741 | $9,081 |
| 2016 | $2,232 | $11,164 | $3,497 | $7,667 |
| 2015 | $1,345 | $11,146 | $3,928 | $7,218 |
| 2014 | $1,345 | $11,046 | $3,438 | $7,608 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/03/2026 06/03/26 | Price Changed | $1,325,000 | -4.7% | $466 / Sq Ft |
| 05/07/2026 05/07/26 | Price Changed | $1,390,000 | -4.1% | $489 / Sq Ft |
| 04/22/2026 04/22/26 | Price Changed | $1,450,000 | -3.3% | $510 / Sq Ft |
| 03/27/2026 03/27/26 | For Sale | $1,500,000 | 0.0% | $527 / Sq Ft |
| 09/19/2024 09/19/24 | For Rent | $3,400 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $360,000 | -- | |
| Deed | -- | -- | |
| Deed | $504,000 | -- | |
| Deed | $550,000 | -- | |
| Deed | $385,000 | -- | |
| Deed | -- | First American Title Ins Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $385,000 | New Conventional | |
| Previous Owner | $440,000 | Purchase Money Mortgage |
Source: NY State MLS
MLS Number: 11688330
APN: 03418-0043
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