Updated 15 days ago
265 Covert Street
Bushwick, Brooklyn | Wilson Ave & Knickerbocker Ave
6 Rooms3 Beds2 Baths3,300 Square FeetMulti-Family
$2,600,000 $2,500,000
floors / apts3 / 3
Lot Size20'x100'
Built Size20'x55'
ZoneR6
Building TypeTownhouse
RE Taxes$4,214
Price Per SF
$788
Building Amenities
- Voice Intercom
Property Description for 265 Covert Street
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, M, and Z trains-provides a seamless commute to Manhattan and beyond, further enhancing the property's appeal to tenants.
Whether you're looking to expand your portfolio with a stabilized asset or secure a foothold in one of New York City's most sought-after rental markets, 265 Covert Street represents a compelling investment opportunity in prime Bushwick.
Turnkey. Income-producing. Perfectly positioned.
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, M, and Z trains-provides a seamless commute to Manhattan and beyond, further enhancing the property's appeal to tenants.
Whether you're looking to expand your portfolio with a stabilized asset or secure a foothold in one of New York City's most sought-after rental markets, 265 Covert Street represents a compelling investment opportunity in prime Bushwick.
Turnkey. Income-producing. Perfectly positioned.
Listing History for 265 Covert Street
Now
04/20/2026
Price Increase by Giovanni Castro
Corcoran
04/20/2026
$2,500,000
Initial Price by Giovanni Castro
Corcoran
Building Details for 265 Covert Street
OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1899
Floors/Apts3/3
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
Find home. Discover happiness.