$2,600,000
$100K PRICE INCREASE

265 Covert St Brooklyn, NY 11207

Bushwick Neighborhood

Estimated payment $14,632/month

Total Views 3,134
9 Beds
6.5 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

We're pleased to introduce 265 Covert Street. A rare opportunity to acquire a fully occupied, turnkey three-family townhouse in the heart of Bushwick, Brooklyn.

This classic Brooklyn property was thoughtfully renovated, offering investors immediate income with long-term upside.

The building comprises three spacious residences. Each unit has been recently updated with contemporary finishes, including wide-plank hardwood flooring, recessed lighting, and sleek kitchens outfitted with stainless steel appliances and generous counter space. Each unit has expansive layouts with multiple bedrooms and bathrooms, in-unit washer/dryers-amenities, and the first floor unit offers a private outdoor area, all highly sought after in today's rental market.

The property is fully leased with strong, reliable tenants in place, providing immediate and consistent cash flow from day one. With market-rate rents achieved across all units and continued demand in the area, this asset presents an ideal balance of stability and growth potential.

Located on a quiet residential block, 265 Covert Street sits in one of Brooklyn's most dynamic and rapidly evolving neighborhoods. Bushwick has transformed into a cultural and creative hub, attracting artists, professionals, and entrepreneurs alike. Known for its vibrant street art, eclectic dining scene, and energetic nightlife, the neighborhood continues to see rising demand and investment activity.

Convenient access to multiple subway lines-including the L, J, M, and Z trains-provides a seamless commute to Manhattan and beyond, further enhancing the property's appeal to tenants.

Whether you're looking to expand your portfolio with a stabilized asset or secure a foothold in one of New York City's most sought-after rental markets, 265 Covert Street represents a compelling investment opportunity in prime Bushwick.

Turnkey. Income-producing. Perfectly positioned.

Listing Agent

Giovanni Castro

Corcoran Group License #10301208531 Listed on: 04/20/2026

Corcoran Group

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1899

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100.00x20.00

Home Design

  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 9 Bedrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Eco-Friendly Details

  • Green Building
  • Smoke Free Home

Additional Features

  • 3-Story Property
  • Ductless Heating Or Cooling System

Community Details

  • 3 Units
  • Bushwick Subdivision

Listing and Financial Details

  • Legal Lot and Block 0039 / 03418

Townhouse Details

Home Type

Townhome

Year Built

Built in 1899

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bushwick
  • Entry Level: 1
  • Structure Type: Townhouse
  • Pets No Pets Comments: N/A,Building Pets Allowed Comments:N/A
  • CustomProperty: { "WeeklyRate": null, "OffMarketDate": null, "LivingAreaRange": null, "GuestHouseYN": null, "Lang2_Type": null, "AboveGradeUnfinishedAreaRange": null, "GuestHouseAreaTotalUnits": null, "PrivateShowingInstructions": null, "NumberOfBoatSlips": null, "LotSizeRangeUnits": null, "LakeId": null, "BuildingAreaTotalRange": null, "HumanModifiedYN": true, "MineralRights": null, "LotSizeRangeSource": null, "Permission": null, "Membership": null, "ModificationTimestamp": "2026-04-28T15:37:24.173-00:00", "Restrictions": null, "BoatDockSlipFeatures": null, "OffersReviewDate": null, "AdditionalFeeFrequency": null, "PotentialShortSale": null, "TitleCompanyPhone": null, "LeaseAmountPerAreaUnit": null, "AssociationFeeTotal": null, "PropertyAccess": null, "AdditionalFee": null, "LakeSize": null, "LivingAreaRangeHigh": null, "LotSizeAreaRangeLow": null, "GarageArea": null, "BelowGradeFinishedAreaRange": null, "BuildingAreaTotalRangeSource": null, "GarageAreaUnits": null, "AdditionalFeeYN": false, "LakeChainName": null, "BelowGradeFinishedAreaRangeUnits": null, "DevelopmentName": null, "TaxAuthority": null, "ProjectName": null, "WaterAccessYN": null, "AssociationFeeTotalFrequency": null, "ListOfficeMlsId": "334", "GarageDimensions": null, "BelowGradeBedrooms": null, "MembershipRequiredYN": null, "AboveGradeBedrooms": null, "GulfAccessYN": null, "TaxAssessedValueImprovement": null, "AboveGradeUnfinishedAreaRangeSource": null, "OtherExpenseDescription": null, "MembershipFeeFrequency": null, "ListingKeyNumeric": 1157926786, "AdditionalInfo3": null, "BoatDockSlipDescription": null, "AdditionalInfo1": null, "PublicRemarks_lang2": null, "AdditionalInfo2": null, "PublicRemarks_lang3": null, "LastMonthRentReqYN": null, "AboveGradeUnfinishedAreaRangeUnits": null, "ListAOR": null, "ThirdPartyIntegrationType": null, "BuildingAreaTotalRangeUnits": null, "PricePerAreaUnit": null, "FractionalShare": null, "TitleCompanyName": null, "AboveGradeFinishedAreaRangeSource": null, "BelowGradeFinishedAreaRangeSource": null, "OriginatingSystemKey": "33863749", "GuestHouseAreaTotalSource": null, "LeaseTermsDescription": null, "PropertyType": "Residential", "LivingAreaRangeUnits": null, "OriginatingSystemName": "RLS", "BelowGradeUnfinishedAreaRangeSource": null, "LandTenure": null, "OffSeasonRate": null, "Attic": null, "MembershipFee": null, "BoatDockAccommodates": null, "PropertySubTypeAdditional": null, "PricePerArea": null, "BoatDockYN": null, "BonusAmount": null, "GuestHouseAreaTotal": null, "ListingKey": "1157926786", "GuestHouseDescription": null, "SecurityDepositYN": null, "SourceSupplementPublicCount": null, "SaleOrLeaseIncludes": null, "AdditionalFeeDescription": "", "InternetEntireListingDisplayYN": true, "SeasonRate": null, "ComplexName": null, "StoriesPartial": null, "CustomFields": "{\n \"ElevatorsTotal\": \"0\",\n \"PercentOfCommonElements\": \"0.00\",\n \"FlipTax\": \"0.00\",\n \"LandmarkStatusYN\": \"0\",\n \"CapitalReservesYN\": \"0\",\n \"BuildingTaxLot\": \"0039\",\n \"BuildingSmokeFreeYN\": \"1\",\n \"ViewRemarks\": \" \",\n \"SponsorUnitYN\": \"0\",\n \"CertificateOfOccupancyYN\": \"1\",\n \"TaxAbatementYN\": \"0\",\n \"AttendanceType\": \"None\",\n \"ListingKey\": \"1157926786\"\n}", "BoatDockHeight": null, "AvailabilityType": null, "LakeName": null, "OriginatingSystemSubName": "RLS_REBNY", "RiverName": null, "BelowGradeUnfinishedAreaRangeUnits": null, "ListOfficeKey": "5658936", "TaxYearRange": null, "NumberOfBoatDocks": null, "LotSizeAreaRangeHigh": null, "TaxAssessedValueLand": null, "StandardStatus": "Active", "GulfAccessType": null, "BoatSlipYN": null, "StormProtection": null, "LivingAreaRangeSource": null, "LeaseAmountPerArea": null, "TitleCompanyAddress": null, "MonthlyRate": null, "WaterAccessDescription": null, "SecurityDepositDescription": null, "TaxRate": null, "BelowGradeUnfinishedAreaRange": null, "MembershipDescription": null, "TitleCompanyPreferred": null, "AboveGradeFinishedAreaRangeUnits": null, "AboveGradeFinishedAreaRange": null, "LivingAreaRangeLow": null, "BuildingSizeDimensions": "55.00x20.00", "PropertySubType": "Multi Family", "UnitLocation": "1", "ConsumerRemarks": null, "LotSizeRange": null, "OffersDescription": null, "Lang3_Type": null, "StoriesPartialTotal": null, "Location": null, "ListingId": null, "RentSpreeYN": null, "RentSpreeURL": null, "ApplicationFee": null, "CommunityDevelopmentDistrictYN": null, "SourceSystemKey": null, "DownPaymentAssistanceAmount": null, "DownPaymentAssistanceCount": null }
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Features: Smoke Free
  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Bathrooms Integer: 7
  • Bedrooms: 9

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Washer Hookup, In Unit
  • Green Building Features: Green Building
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2000.0
  • Lot Size Dimensions: 100.00x20.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 3
  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 03418
  • Tax Lot: 0039

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $4,259 $113,580 $11,280 $102,300
2025 $4,224 $86,400 $11,280 $75,120
2024 $4,224 $79,140 $11,280 $67,860
2023 $4,031 $97,140 $11,280 $85,860
2022 $3,740 $83,100 $11,280 $71,820
2021 $3,725 $77,400 $11,280 $66,120
2020 $1,849 $72,420 $11,280 $61,140
2019 $3,666 $69,000 $11,280 $57,720
2018 $3,371 $16,539 $2,497 $14,042
2017 $3,183 $15,614 $3,129 $12,485
2016 $2,948 $14,748 $3,989 $10,759
2015 $1,557 $14,727 $3,361 $11,366
2014 $1,557 $14,604 $3,765 $10,839
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 Prior Sale
04/20/2026 04/20/26 Price Changed $2,600,000 +4.0% --
04/20/2026 04/20/26 For Sale $2,500,000 +100.1% --
03/06/2025 03/06/25 Sold $1,249,500 -3.1% $379 / Sq Ft View Prior Sale
02/19/2025 02/19/25 Pending -- -- --
10/27/2024 10/27/24 For Sale $1,288,888 -- $391 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $1,249,500 --
Deed $1,120,075 --
Interfamily Deed Transfer -- --
Bargain Sale Deed $155,000 Commonwealth Land Title Ins
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
Open $950,000 Purchase Money Mortgage
Previous Owner $506,250 No Value Available
Closed $21,700 No Value Available
Closed $59,000 Unknown
Previous Owner $20,000 Credit Line Revolving
Closed $155,431 FHA
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20085451

Real Estate Board of New York (REBNY)

APN: 03418-0039

New York Kings County Brooklyn 11207 Bushwick

265 Covert St, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

RLS Data display by Homes.com LLC

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Listing Agent
Giovanni Castro
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Corcoran Group
(929) 416-4029
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