--- title: "265 COVERT Street, New York City, NY 11207" description: "265 COVERT Street, New York City, NY 11207 — Townhouse in Bushwick, Brooklyn, NY. Listing Price $2,600,000. 9 bed, 7 bath, 1,100 sqft Illustrative Buyer Commission Share of $39,000 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11207/265-covert-street-ny-11207" source: "Real Estate Rebate Team" status: "Active" --- # 265 COVERT Street, New York City, NY 11207 Townhouse in Bushwick, Brooklyn, NY Courtesy of Corcoran Group ## At a Glance - **Listing Price**: $2,600,000 - **Beds**: 9 - **Total Baths**: 7 - **Sqft**: 1,100 - **Price per Sqft**: $2,364 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $2,600,000 - **Illustrative Buyer Commission Share**: -$39,000* - **Illustrative Net Cost**: $2,561,000 *Illustrative Buyer Savings of $39,000 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![265 COVERT Street, New York City, NY 11207 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b5da9f4b-b9d3-48a1-9f07-87b573ffb767.jpg) ![265 COVERT Street, New York City, NY 11207 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9517eb1a-3ec2-4cce-acb2-b0a9fbbfb6a0.jpg) ![265 COVERT Street, New York City, NY 11207 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bd8a5b14-3625-4b2c-b20f-0f0912602489.jpg) ![265 COVERT Street, New York City, NY 11207 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7e6e994d-1c57-4908-9728-f94a8119e70a.jpg) ![265 COVERT Street, New York City, NY 11207 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/353306d5-f79e-451c-b7e2-4e06adcc5df3.jpg) ![265 COVERT Street, New York City, NY 11207 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d6c1d95b-51ea-42a8-9a75-b8a7411d72af.jpg) ![265 COVERT Street, New York City, NY 11207 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6e5cbb1d-c69c-4d3b-822c-29ecee87f99b.jpg) ![265 COVERT Street, New York City, NY 11207 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b3da9571-39d6-481e-ba12-04c4a04898fe.jpg) ![265 COVERT Street, New York City, NY 11207 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2c02175f-52b0-4b13-b587-8ebdcc927ba6.jpg) ![265 COVERT Street, New York City, NY 11207 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c6223604-56d6-4052-aba0-3f6b8c8e5385.jpg) ## Property Overview 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. ## Property Details - **Property Type**: Multi Family - **Beds**: 9 - **Total Baths**: 7 - **Rooms**: 22 - **Sqft**: 1,100 sqft - **Stories**: 3 - **Year Built**: 1899 - **Price per Sqft**: $2,364 - **Listed On**: Apr 20, 2026 - **Days on Market**: 146 Days ### Residence Features - Ductless - Washer Hookup - In Unit - Smoke Free - Washer Dryer Allowed ## Sales Evidence ### Recent closed sales 265 COVERT Street has one recorded sale since September 2021, the most recent for $1,249,500 in March 2025. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | Entire property (Triplex) | 9 | 3,300 | $1,249,500 | $379/ft² | March 6, 2025 | MLS | ### How this price compares The median closed price for comparable house sales in Bushwick is $1,680,000, based on 36 sales between October 2021 and September 2026. This home is asking $2,600,000, $920,000 above that median. The middle half of those sales closed between $1,425,000 and $1,900,000. - **Median closed price**: $1,680,000 - **Middle half**: $1,425,000 – $1,900,000 - **Based on**: 36 house sales in Bushwick - **Period**: October 2021 – September 2026 - **Median $/ft²**: $511/ft² Across the 26 of these sales with a published asking price, the median closed at 98.1% of what it originally asked. 65% of them closed below the original ask. A house is not part of a building of comparable apartments, so this benchmark is drawn from house sales across Bushwick. Apartment sales are excluded from it entirely. ### How these sales were negotiated - **Sold vs original ask**: 98.1% of the original ask - **Closed below ask**: 65% of 26 sales - **Listed → in contract**: 90 days (about 13 weeks) - **In contract → closed**: 70 days (about 10 weeks) Across the 26 of these sales with a published asking price, the median closed at 98.1% of what it originally asked. 65% of them closed below the original ask. Half of these homes were in contract within 90 days (about 13 weeks) of coming to market, based on the 30 with a recorded listing date. Once a deal was agreed, closing took a further 70 days (about 10 weeks), based on the 30 with both dates recorded. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 36 house sales in Bushwick, October 2021 – September 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 265 COVERT Street](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/265-covert-street) ## Price and Property History for 265 COVERT Street Review the recorded listing activity for 265 COVERT Street, including asking-price changes and prior market dates. - **Latest price change**: Increased by $100,000, or 4%, on April 20, 2026 - **Originally listed**: April 20, 2026 at $2,500,000 - **Current asking price**: $2,600,000 | Date | Price | Listing event | | --- | --- | --- | | April 20, 2026 | $2,600,000 | Asking price increased by $100,000, or 4% | | April 20, 2026 | $2,500,000 | Listed for sale by Corcoran Group | ## Property Tax History Taxes at 265 COVERT Street were $4,266 in 2026, up 0.2% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $113,580 | $11,280 | $102,300 | $21,238 | $4,266 | 20.085% (estimated) | | 2025 (FY 2025/26) | $86,400 | $11,280 | $75,120 | $21,206 | $4,259 | 20.085% (estimated) | | 2024 (FY 2024/25) | $79,140 | $11,280 | $67,860 | $21,029 | $4,224 | 20.085% | | 2023 (FY 2023/24) | $97,140 | $11,280 | $85,860 | $19,847 | $3,986 | 20.085% | | 2022 (FY 2022/23) | $83,100 | $11,280 | $71,820 | $18,737 | $3,805 | 20.309% | | 2021 (FY 2021/22) | $77,400 | $11,280 | $66,120 | $17,698 | $3,533 | 19.963% | | 2020 (FY 2020/21) | $72,420 | $11,280 | $61,140 | $17,672 | $3,719 | 21.045% | | 2019 (FY 2019/20) | $69,000 | $11,280 | $57,720 | $17,524 | $3,709 | 21.167% | | 2018 (FY 2018/19) | $16,539 | — | — | $16,539 | $3,460 | 20.919% | | 2017 (FY 2017/18) | $15,614 | — | — | $15,614 | $3,183 | 20.385% | | 2016 (FY 2016/17) | $14,748 | — | — | $14,748 | $2,948 | 19.991% | | 2015 (FY 2015/16) | $14,727 | — | — | $14,727 | $2,880 | 19.554% | | 2014 (FY 2014/15) | $14,604 | — | — | $14,604 | $2,798 | 19.157% | | 2013 (FY 2013/14) | $13,783 | — | — | $13,783 | $2,645 | 19.191% | | 2012 (FY 2012/13) | $13,012 | — | — | $13,012 | $2,416 | 18.569% | | 2011 (FY 2011/12) | $12,290 | — | — | $12,290 | $2,237 | 18.205% | | 2010 (FY 2010/11) | $12,273 | — | — | $12,273 | $2,131 | 17.364% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 3034180039. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 265 COVERT Street 265 COVERT Street, Brooklyn, NY 11207 A building in the neighborhood, currently featuring 1 active listing. - **Year Built**: 1899 - **Total Units**: 1 - **Floors**: 3 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/265-covert-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11207/265-covert-street-ny-11207) | 9 | 7 | 1,100 sqft | $2,364 | $2,600,000 (+4.0%) | Corcoran Group | Apr 20, 2026 | 145 days | ## Estimated Monthly Payment **$13,147 / month**, assuming a 20% down payment ($520,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $13,147 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Bushwick Overview of Bushwick [Explore Bushwick](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/bushwick) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Bushwick - [Ridgewood real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/ridgewood) - [Williamsburg real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/williamsburg) - [Crown Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/crown-heights) - [Glendale real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/glendale) - [Cypress Hills real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/cypress-hills) ## Related Links - [265 COVERT Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/265-covert-street) - [Bushwick neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/bushwick) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > 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 and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.