1 month on rocket

265 Covert St, New York City, NY, 11207

$1,288,888

Home List Price

$10,000*

Closing Credit

9 Bedrooms
6 Full Baths
3,300 SqFt
$391/SqFt
Townhouse

Location

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265 Covert St, New York$1,288,888

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingOn Street
Year Built1899
BasementYes
MLS #COMP-1696441517389806305
StatusActive

About 265 Covert St

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Walk-Up
  • Year Built: 1899
  • Living Area: 3,300 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Abdul Sabooni
  • Agent Phone: (917) 662-1402

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • Exterior: Private Yard

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,288,888
  • Price Per SqFt: $391/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$850.1K

Med. Price/SqFt

$667

Avg. Days On Market

85

# of Sold Homes

1747

265 Covert St vs New York

47 DAYS ON ROCKET

-38 Days

$1,288,888

+$438.7K More

$391/SqFt

-$277 Less

KEY TAKEAWAY

This property is $438.7K more than the Median Sold Price and $277/SqFt less than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #COMP-1696441517389806305

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Abdul Sabooni
  • Agent Phone: (917) 662-1402

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/18/2024, 1:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$6,500

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,931

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4298159
5
/10

  • P.S. 151 Lyndon B. Johnson School

  • 763 Knickerbocker Ave

  • 0.12 miles

  • Public District Grades PK-5

school-card-donut-4298160
3
/10

  • P.S. /I.S. 384 Frances E. Carter

  • 242 Cooper St

  • 0.19 miles

  • Public District Grades KG-5

school-card-donut-4298161
2
/10

  • P.S. 106 Edward Everett Hale School

  • 1328 Putnam Ave

  • 0.32 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,641. Typical income of New York, NY residents is less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 265 Covert St

What is the listing price of this property?

The listing price of 265 Covert St property is $1,288,888.

What type of property is this?

The property 265 Covert St is a townhouse located in New York City, New York, 11207.

Is this property for sale now?

Active Listing: 265 Covert St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 265 Covert St has 9 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 265 Covert St is 3,300 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 265 Covert St is 1899.

Rocket Homes›New York›Kings County›New York›11207›265 Covert St

This home is located at 265 Covert St in New York City, NY and zip code 11207 in the Bushwick neighborhood. This 3,300 square foot home was built in 1899. Features: 9 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $1,288,888.

In November 2024, from all listings sold in New York, NY there were more than 220 sold above asking price, over 758 sold below and more than 769 were sold right at the asked price. Between October 2024 and November 2024, New York, NY real estate market has seen decrease in the number of listings by 7.2%. While the average time on the market in November 2024 was 85 days, the median list price was $850,115.

From Rocket Homes Real Estate and based on county public records data.

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