265 Covert Street

$1,288,888
Price
9
Beds
6
Baths
3,300 Sq. Ft.
$391 / Sq. Ft.
3,300
Sq. Ft.
$391
per Sq. Ft.

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,
...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 Agent

  1. Saeed Sabooni

    Saeed Sabooni

    Listing Agent

    Compass

    saeed.sabooni@compass.com

    P: (917)-662-1402

Amenities

  • Private Yard
  • Walk Up
  • Street Parking
  • Full Basement
  • Attach / Row Hse
  • Lowrise
LISTING UPDATED: 10/27/2024 11:26 AM

Property Details for 265 Covert Street

StatusActive
Days on Market58
Taxes$325 / month
Maintenance-
Min. Down Pymt-
Total Rooms18.0
Compass TypeMulti Family
MLS Type-
Year Built1899
ViewsNone
Architectural Style-
Lot Size2,000 SF / 20' x 100'
CountyKings County
Buyer's Agent Compensation2%
Compensation Remarksna

Building

265 Covert St

3 Units3 StoriesBuilt in 1899

Building Information for 265 Covert Street

Stories3Residences3Year Built1899Building Size20' x 55'Building Sq. Ft3,300 SFLot Size2,000 SF / 20' x 100'Building Age-Building Type-

Property History for 265 Covert Street

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 265 Covert Street

Taxable ValueLand$11,280Additions$67,860Total$79,140
Home Facts
Total Finished SqFt3,300 SqFtLot Size2,000 SqFtYear Built1899ZoningR6APN3034180039

Schools near 265 Covert Street

This home is within Nyc Geog District #32 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
P.S. Is 384 Frances E Carter
PublicPK to 8

Brooklyn School For Math And Researc
Public9 to 12

Evergreen Middle School-Urban Exploration
Public6 to 8

Academy Of Urban Planning
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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265 Covert Street is a multi-family home for sale in Bushwick. This property was listed for sale on October 27, 2024 by Compass, it's currently listed at $1,288,888. It has been on the market for a total of 58 days and was last sold on March 25, 2024. This listing's school district is Nyc Geog District #32 - Brooklyn. Nearby schools include P.S. Is 384 Frances E Carter, Brooklyn School For Math And Researc and Evergreen Middle School-Urban Exploration. 265 Covert Street is a 9-bed, 6-bath, 3,300 sqft multi-family home built in 1899.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

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. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY 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 information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.