265 Covert St Brooklyn, NY 11207
Bushwick NeighborhoodEstimated payment $14,480/month
Highlights
- Green Building
- Ductless Heating Or Cooling System
- 4-minute walk to Irving Square Park
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.
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
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 | $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 |
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 |
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 |
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: Real Estate Board of New York (REBNY)
MLS Number: RLS20085451
APN: 03418-0039
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.
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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Ask me questions while you tour the home.