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  • $1,325,000

    255 Covert St, Brooklyn, NY 11207

    9beds
    2,844sqft
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    Multi Family
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $466/sqft
    $-- HOA

    What's special

    Maria hernandez parkMultiple bedroomsIrving square parkAmple bedroom countAdditional three-bedroom configurationOutdoor spaceGreen space
    255 Covert Street is an AS-IS SALE and presents a compelling opportunity to invest in a versatile, income-producing townhouse in the heart of Brooklyn. Configured as a multi-level property with approximately 2,500+ square feet across the garden, first, and second floors, the layout lends itself seamlessly to both end-user living with rental income or full investor optimization. The home also features an unfinished cellar level, offering additional square footage with significant potential to be built out for storage, recreational use, or further value-add improvements. The property is currently arranged with a garden-level unit featuring a spacious living room, kitchen, full bath, and two bedrooms—ideal as a rental or guest suite. Above, the parlor and second floors function as a duplex with a classic layout: a generous living room at the front, a separate dining area, and a full kitchen at the rear on the first level, with direct access to multiple bedrooms. Upstairs, you’ll find an additional three-bedroom configuration with another full bath and flexible room sizes, allowing for strong rental potential or reconfiguration into higher-yield layouts. The clear separation of spaces, multiple kitchens, and ample bedroom count make this an attractive setup for investors seeking steady cash flow or value-add potential. Positioned on a quiet residential block in Bushwick, the home is surrounded by one of Brooklyn’s most dynamic and rapidly evolving neighborhoods. Just moments away, you’ll find local favorites like Roberta’s, known for its nationally acclaimed pizza, and Ops, a neighborhood staple for wood-fired dining. Coffee lovers will appreciate nearby spots such as Sey Coffee, while nightlife and entertainment options abound with venues like House of Yes and Elsewhere. For outdoor space, residents can enjoy Irving Square Park and Maria Hernandez Park, both offering green space, recreation, and community events. Transportation is convenient with access to the L train at Halsey Street Station and the J/Z trains at Chauncey Street Station, providing a straightforward commute into Manhattan. Whether you’re looking to renovate and maximize rental income, create a live-plus-income residence, or hold as a long-term investment in a high-growth neighborhood, 255 Covert Street offers the scale, flexibility, and location to deliver strong upside potential.
    31 days
    |
    526
    |
    29
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Compass 724-470-8036,

    Alex Fincham,

    Joshua Golan

    Source: StreetEasy,MLS#: S1831234

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 3
      • Full bathrooms: 3
      Appliances
      • Included: Dishwasher
      Features
      • Flooring: Hardwood
      • Has fireplace: Yes
      Interior area
      • Total structure area: 2,844
      • Total interior livable area: 2,844 sqft

      Property

      Details
      • Parcel number: 034180043
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1910

      Community & HOA

      Community
      • Subdivision: Bushwick
      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $466/sqft
      • Tax assessed value: $1,555,000
      • Annual tax amount: $3,180
      • Date on market: 6/2/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,967/mo

        Price history

        DateEventPrice
        6/2/2026Listed for sale$1,325,000-4.7%$466/sqft
        Source: StreetEasy #S1831234 Report a problem
        5/31/2026Listing removed$1,390,000$489/sqft
        Source: StreetEasy #S1818584 Report a problem
        5/6/2026Price change$1,390,000-4.1%$489/sqft
        Source: StreetEasy #S1818584 Report a problem
        4/21/2026Price change$1,450,000-3.3%$510/sqft
        Source: StreetEasy #S1818584 Report a problem
        3/30/2026Listed for sale$1,500,000+316.7%$527/sqft
        Source: StreetEasy #S1818584 Report a problem
        2/27/2024Listing removed--
        Source: Zillow Rentals Report a problem
        2/12/2024Listed for rent$2,599+4%$1/sqft
        Source: Zillow Rentals Report a problem
        1/20/2023Listing removed--
        Source: Zillow Rentals Report a problem
        1/13/2023Listed for rent$2,499+22%$1/sqft
        Source: Zillow Rentals Report a problem
        11/12/2020Listing removed$2,049$1/sqft
        Source: Gavco Realty Group Inc Report a problem
        10/31/2020Listed for rent$2,049+7.8%$1/sqft
        Source: Gavco Realty Group Inc Report a problem
        9/11/2015Listing removed$1,900$1/sqft
        Source: Rapid Realty Report a problem
        8/25/2015Listed for rent$1,900-19.1%$1/sqft
        Source: Rapid Realty Report a problem
        11/6/2014Listing removed$2,350$1/sqft
        Source: R. Brown Rapid Realty Midwood Inc. Report a problem
        11/1/2014Listed for rent$2,350$1/sqft
        Source: R. Brown Rapid Realty Midwood Inc. Report a problem
        9/12/2014Sold$360,000-28.6%$127/sqft
        Source: Public Record Report a problem
        5/7/2014Sold$504,000-8.4%$177/sqft
        Source: Public Record Report a problem
        3/30/2006Sold$550,000$193/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,185 -0.3%$93,300 +10.2%
        2024$3,195 $84,660 -3.3%
        2023-- $87,540 +22.2%
        2022-- $71,640 -8.9%
        2021-- $78,600 +19.6%
        2020$2,831 +0.9%$65,700 -9.6%
        2019$2,806 +7.2%$72,660 +481%
        2018$2,616 +8.6%$12,507 +5.8%
        2017$2,410 +10.4%$11,822 +5.9%
        2016$2,183 $11,164 +0.2%
        2015$2,183 +62.3%$11,146 +0.9%
        2014$1,345 $11,046 +6%
        2013-- $10,423 +5.8%
        2012-- $9,852 +5.9%
        2011-- $9,304 +0.2%
        2010-- $9,289 +0.9%
        2009-- $9,205 +6%
        2008-- $8,686 +5.8%
        2007-- $8,210 +5.9%
        2006-- $7,754 +0.2%
        2005-- $7,741 +0.9%
        2004-- $7,671 +6%
        2003-- $7,239 +5.8%
        2002-- $6,842 +5.9%
        2001-- $6,462 +0.2%
        2000-- $6,451

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Bushwick

        Getting around

        91 / 100
        Walker's Paradise
        78 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

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