Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,249,500

· Closed March 6, 2025

265 Covert Street
Looking for something similar?
Closed For Sale Triplex

$1,249,500

$379 per sq ft

265 Covert Street

Bushwick, Brooklyn

MLS® #RLS11018117

RLS at REBNY

Listing by Compass

9

Bedrooms

6

Baths

3,300

Sq. Ft.

1899

Year Built

Quick Summary

Bedrooms 9
Bathrooms 6
Living Area 3,300 sq ft
Year Built 1899
Ownership None
Property Taxes $3,900/yr
Parking On Street
Neighborhood Bushwick
Floor 1 of 3

Property Highlights

  • Style: WalkUp architecture
  • Character: Pre-war building (1899)

Property Details

Type Triplex
Ownership None
Total Rooms 18
Baths 6 Full
Floor 1 of 3
Pets Yes
Year Built 1899
Living Area 3,300 sq ft
Parking Features On Street
Architectural Style WalkUp
Structure Type Townhouse,Triplex
Furnished Unfurnished
Basement Full
Parcel # 03418-0039
Block/Lot 03418/39

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, 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.

Features & Amenities

Interior Features

See Remarks

Exterior Features

Private Outdoor Space Over60 Sqft Private Yard

Building Information

Total Units 3
Stories 3
Structure Townhouse,Triplex
Style WalkUp

Financial Details

RE Taxes $3,900/yr ($325/mo)
Original Price $1,288,888
Sale Price $1,249,500
Previous Price $1,288,888

Bushwick has emerged as Brooklyn's premier creative frontier, known for its world-class street art, eclectic nightlife, and industrial-chic vibe. The neighborhood offers a wide range of housing options, from converted warehouse lofts that appeal to artists and professionals to traditional multi-family townhouses. Recent years have seen a surge in boutique new construction condominiums, making it a top destination for those seeking a dynamic and evolving urban environment.

Bushwick Live Market Data

View Neighborhood

Active Listings

93

Median Asking Price

$975K

Median $/Sqft

$925

Avg Days on Market

N/A

New This Week

9

Price Reduced

19%

Sold (30 Days)

7

Median Sale Price

$854K

Live data from RLS at REBNY • Updated 3/23/26, 1:14 PM EST

Similar Listings in Bushwick

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Location

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265 Covert Street, Bushwick, Kings County

MLS® ID: RLS11018117
First Listed: 10/27/2024
On Market: 10/27/2024
Price Changed: 3/6/2025
Closed: 3/6/2025
Contract Date: 10/27/2024

Listing Courtesy of Compass - Abdul Sabooni

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. ©2026 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.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/23/2026 at 5:14 PM UTC

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