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.
Active
Price cut: $26K (10/2)
$1,299,000
255 Covert St, Brooklyn, NY 11207
9beds
2,844sqft
Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$457/sqft
$-- HOA
What's special
Maria hernandez parkMultiple bedroomsIrving square parkAmple bedroom countAdditional three-bedroom configurationOutdoor spaceGreen space
- 124 days
- 538
- 34
Zillow last checked:
Listing updated:
Listed by:
Compass 718-415-4410,
Joshua Golan,
Alex Fincham
Source: StreetEasy,MLS#: S1831234
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: $457/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
$4,531/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2026 | Price change | $1,299,000-2%$457/sqft |
Source: StreetEasy #S1831234 Report a problem | ||
| 6/2/2026 | Listed for sale | $1,325,000$466/sqft |
Source: StreetEasy #S1831234 Report a problem | ||
| 6/1/2026 | Contingent | $1,325,000-4.7%$466/sqft |
Source: StreetEasy #S1831234 Report a problem | ||
| 5/31/2026 | Listing removed | $1,390,000$489/sqft |
Source: StreetEasy #S1818584 Report a problem | ||
| 5/6/2026 | Price change | $1,390,000-4.1%$489/sqft |
Source: StreetEasy #S1818584 Report a problem | ||
| 4/21/2026 | Price change | $1,450,000-3.3%$510/sqft |
Source: StreetEasy #S1818584 Report a problem | ||
| 3/30/2026 | Listed for sale | $1,500,000$527/sqft |
Source: StreetEasy #S1818584 Report a problem | ||
| 3/30/2026 | Contingent | $1,500,000+316.7%$527/sqft |
Source: StreetEasy #S1818584 Report a problem | ||
| 2/27/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/12/2024 | Listed for rent | $2,599+4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/20/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/13/2023 | Listed for rent | $2,499+22%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/12/2020 | Listing removed | $2,049$1/sqft |
Source: Gavco Realty Group Inc Report a problem | ||
| 10/31/2020 | Listed for rent | $2,049+7.8%$1/sqft |
Source: Gavco Realty Group Inc Report a problem | ||
| 9/11/2015 | Listing removed | $1,900$1/sqft |
Source: Rapid Realty Report a problem | ||
| 8/25/2015 | Listed for rent | $1,900-19.1%$1/sqft |
Source: Rapid Realty Report a problem | ||
| 11/6/2014 | Listing removed | $2,350$1/sqft |
Source: R. Brown Rapid Realty Midwood Inc. Report a problem | ||
| 11/1/2014 | Listed for rent | $2,350$1/sqft |
Source: R. Brown Rapid Realty Midwood Inc. Report a problem | ||
| 9/12/2014 | Sold | $360,000-28.6%$127/sqft |
Source: Public Record Report a problem | ||
| 5/7/2014 | Sold | $504,000-8.4%$177/sqft |
Source: Public Record Report a problem | ||
| 3/30/2006 | Sold | $550,000$193/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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







