SOLD FOR $1,249,500
· Closed March 6, 2025
265 Covert Street
MLS® #RLS11018117
Listing by Compass
9
Bedrooms
6
Baths
3,300
Sq. Ft.
1899
Year Built
Quick Summary
Property Highlights
- Style: WalkUp architecture
- Character: Pre-war building (1899)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Oct 27, 2024 | $1,288,888 | - |
| Currently | May 17, 2026 | $1,249,500 | -3.1% |
Description
This Bushwick, Brooklyn property offers a prime investment opportunity with its legal 3-family designation and an estimated renovated market value of $2.2 million. Key highlights include: Lot and Building Dimensions: Set on a 20x100 lot with a building size 20x55. Zoning: Situated in an R6 zoning area, allowing for development potential. Interior Layout: Features 3 bedrooms and 2 full bathrooms. Property Taxes: Benefit from a low tax rate of $3,900. Location: Ideally located with easy access to dining, supermarkets, and public transportation. Investment Potential: An all-cash purchase is required, making it ideal for investors. The property is fully gutted and ready for restoration with new plumbing, electrical systems, insulation, and more. Renovation Plans: Comes with architect-approved renovation plans. This property is a fantastic opportunity for investors looking to capitalize on the vibrant and growing Bushwick neighborhood.
Features & Amenities
Interior Features
Exterior Features
Building Information
Financial Details
About Bushwick
View All Bushwick ListingsBushwick has emerged as Brooklyn's premier creative frontier, known for its world-class street art, eclectic nightlife, and industrial-chic vibe. The neighborhood offers a wide range of housing options, from converted warehouse lofts that appeal to artists and professionals to traditional multi-family townhouses. Recent years have seen a surge in boutique new construction condominiums, making it a top destination for those seeking a dynamic and evolving urban environment.
Bushwick Live Market Data
View NeighborhoodActive Listings
127
Median Asking Price
$949K
Median $/Sqft
$930
Avg Days on Market
N/A
New This Week
8
Price Reduced
25%
Sold (30 Days)
2
Median Sale Price
$1.67M
Live data from RLS at REBNY • Updated 5/17/26, 4:52 PM EST
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Location
265 Covert Street, Bushwick, Kings County
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $3,900, or roughly $325 per month. Verify the current assessment with your attorney before closing.
This property has 9 bedrooms and 6 full bathrooms.
The listed interior living area is 3,300 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1899, making it approximately 127 years old.
This listing is None
Pet policy requires confirmation with the listing broker.
At the current list price of $1,249,500 for 3,300 sq ft, the asking price per square foot is approximately $379. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Compass - Abdul Sabooni
Listing Contact: (917) 662-1402
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 5/17/2026 at 8:52 PM UTC