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.
RLS11018117
MLSⓇ ID
October 27, 2024
Listed
January 16, 2025
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
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved
Data last updated on 1/16/2025 at 7:08 AM UTC