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$2,600,000

Listing Price

9beds

6baths

3,300sqft

2,000sqft lot

265 Covert St, Brooklyn, NY 11207

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Multi-Family

Home type

--

Price / sqft

1899

Year built

Home Details

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,

Interior Details

Square Feet
  • 3300

Bedrooms
  • 9

Bathrooms
  • 6

Heating
  • Has Heating:

    No

  • Heating Type:

    N/A

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 2000

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 3

Style
  • Triplex

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$3,740

$11,280

$61,140

--%

$72,420

2017

$3,182

$2,497

$14,042

--%

$16,539

2017

$3,182

$3,129

$12,485

--%

$15,614

2016

$2,948

$3,989

$10,759

--%

$14,748

2015

$2,879

$3,361

$11,366

--%

$14,727

2013

$2,075

$4,226

$9,557

--%

$13,783

2012

$1,831

$9,436

$3,576

--%

$13,012

percent-home-icon

Average Home Price in 11207

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percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
2,600,000
$
Down payment
520,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
15,600
$
HOA (Monthly)
0
$
PMI
0
$
$16,830
Your Payment
Total Monthly Payment:$16,830
Percent of Income:289%
Affordable:No

Details for 265 COVERT ST

Property Debt

Foreclosure Contact Details