Active

265 Covert Street

Brooklyn NY, 11207

$1,288,888


$390.57 per sqft

Active

9 Beds

6 Baths

3,300 sqft

Townhomes

Built in 1899

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.

COMP-1696441517389806305

MLS ID

October 27, 2024

Listed

December 4, 2024

Updated

Map

265 Covert Street
Brooklyn NY, 11207

Interior Features

Total Stories

3


Bedrooms

9


Total Bathrooms

6


Full Bathrooms

6


Laundry Description

See Remarks


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Exterior Features

Private Yard


Architectual Style

Walk-Up

Other Property Details

Taxes

$3,900


Tax Frequency

Annually


HOA Frequency

Monthly


Garage

No


Parking

On Street


View

No


County

Kings


Pool

No

Listed by Abdul Sabooni with Compass
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. ©2024 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.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024  The Real Estate Board of New York, Inc., All rights reserved

Data last updated on 12/4/2024 at 5:07 PM UTC

 

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