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$2,554,500
List Price: $2,600,000
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265 Covert Street
Townhouse in Bushwick •  building info
9bd • 6.5ba
Buy with Yoreevo

$2,554,500

List Price

$2,600,000

Key Details
Days on market
6
Last price change
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Estimated payment
$14,029/mo
Taxes
N/A
Maintenance
N/A
Description
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.

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Important Stuff
Washer/Dryer in unit
Building amenities
Services and facilities
Fios Available
Building info

History
What it'll cost
Purchase price
$2,600,000
Asking Price: $2,600,000
Term
30 Years
Down Payment
$260,000 (10%)
Min: 10% (260,000)
Rate
6.0 %
Mortgage Amount
$2,340,000
Mortgage Payment
$14,029
Estimated Yoreevo rebate
$45,500
Estimated closing cost
$95,000
Total monthly cost $14,029
Buy your dream home with us and get an estimated $45,500 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Corcoran Group

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