$1,325,000
$175K PRICE DROP

Estimated payment $7,384/month

Total Views 2,697
9 Beds
3 Baths
2,844 Sq Ft
$466 Price per Sq Ft

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.

Listing Agent

Joshua Golan

Compass Listed on: 03/27/2026

Compass

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

Townhouse Details

Home Type

Townhome

Lot Details

1,960 Sq Ft Lot

Listing Details

  • ApartmentType: Townhouse
  • BuildingCommunityPetsAllowed: Yes
  • Building Style: Townhouse
  • HamletID: 0
  • LandRentAmount: 0
  • Number Of Stories: 0
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Brooklyn
  • Prop. Type: Townhouse
  • Renovation Year: 0
  • SForSaleAndRForRental: S
  • USStateAbbreviation: NY
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Fireplaces: 0
  • AboveArea Sq Ft: 2844

Garage/Parking

  • AttachedParking: 0
  • Numberof Garage Spaces: 0

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0

Schools

  • School District: 000000

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 9
  • Total Taxes: 0

Tax Info

  • Tax Year: 0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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 -- --
Source: NY State MLS

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
Source: Public Records

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: Public Records

Source: NY State MLS

MLS Number: 11688330

NY State MLS

APN: 03418-0043

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