$1,288,888
Updated a year ago
Sold

265 Covert Street

Bushwick, Brooklyn | Wilson Ave & Knickerbocker Ave

18 Rooms9 Beds6 Baths3,300 Square FeetMulti-Family

$1,288,888
floors / apts3 / 3
Lot Size20'x100'
Built Size20'x55'
ZoneR6
Building TypeTownhouse
RE Taxes$3,900
Price Per SF
$391

This property was sold for $1,249,500 on 03/06/25.

Building Amenities

  • Voice Intercom

Property Description for 265 Covert Street

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.

Listing History for 265 Covert Street

Now
03/06/2025
$1,249,500
Sold and Closed by Saeed Sabooni
Compass
02/19/2025
Contract Signed by Saeed Sabooni
Compass

Building Details for 265 Covert Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1899
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Wilson Av
0.27 miles
Halsey St
0.31 miles

Citi Bike

Knickerbocker Ave & Halsey St
0.1 miles
Knickerbocker Ave & Hancock St
0.2 miles

Contact Agent

Contact Agent

Bushwick | Brooklyn

Quick Profile

As one of the most diverse neighborhoods in New York, Bushwick offers a perfect snapshot of just how multicultural the city is. Long-established as an amalgam of cultures and ethnicities, a wave of varying types of immigrants trickled in from the seventeenth to twentieth centuries, with Bushwick largely becoming a home to Hispanics of Puerto Rican and Dominican backgrounds by the latter part of the twentieth century. 

With the Bushwick Initiative of the mid-00s that aided in revitalization, it became an attractive area to young professionals and artists. And even now, Bushwick has sustained affordable rent prices where other North Brooklyn counterparts, like Williamsburg and Greenpoint, have become more expensive. Priding itself on the weird and the wacky, numerous art collectives thrive in this part of Brooklyn, once famously named the seventh coolest neighborhood in the world by Vogue. 

Though it has drawn in many tourists in recent years (there’s even a graffiti tour you can take from the Bushwick Collective), the neighborhood remains very much community-oriented, and has not been subject to quite the same sort of corporate infiltration phenomenon of its nearby Williamsburg environs. 

But yes, of course, Bushwick has come a very long way from its 80s and 90s reputation as being “The Well,” a nickname given to it for its free-flowing and widely available amount of drugs (quantity over quality being the cliche applied here). 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 98140TH