Turnkey Bushwick Three-Family
For Sale
$2,600,000
265 COVERT Street, Brooklyn, NY 11207
Fully occupied, renovated three-family townhouse in prime Bushwick, Brooklyn.
Property Size1,100 SF
Price / SF$2,363
Days on Market144
Property Features for 265 COVERT Street
General Information
Standard status
Active
Size
1,100 SF
Property subtype
Multi Family
Building Details
Building Size
1,100 SF
Year Built
1899
Listing Agency:
Corcoran Group
Listed By:
Giovanni Castro · License #10301208531 (NY)
(917) 880-2047
Source:
Penrealty
Added: Apr 20
Changed: Sep 8
Last Checked: Sep 9 at 6:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Corcoran Group
Investment Insights
Based on property information with market context.
This is a fully occupied, turnkey three-family townhouse located in Bushwick, Brooklyn. The renovated property offers immediate income with long-term upside for investors. The building features three residences, each recently updated with contemporary finishes, including wide-plank hardwood flooring, recessed lighting, and kitchens outfitted with stainless steel appliances and generous counter space. Each unit has expansive layouts with multiple bedrooms and bathrooms, and in-unit washer/dryers. The first-floor unit includes a private outdoor area. The property is fully leased with tenants in place, providing consistent cash flow. 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. Situated on a quiet residential block, the property is located in one of Brooklyn's dynamic and rapidly evolving neighborhoods. Bushwick has transformed into a cultural and creative hub, attracting artists, professionals, and entrepreneurs. The neighborhood is known for its vibrant street art, eclectic dining scene, and energetic nightlife. Convenient access to multiple subway lines, including the L, J, M, and Z trains, provides a seamless commute to Manhattan and beyond, enhancing the property's appeal to tenants. The location has a walk score of 93, indicating it is a Walker's Paradise, a bike score of 67, indicating it is Bikeable, and a transit score of 88, indicating it has Excellent Transit.
Key Highlights
- Fully occupied, turnkey three‑family townhouse providing immediate and consistent cash flow.
- Located in prime Bushwick, a dynamic and rapidly evolving neighborhood with high demand and investment activity.
- Each unit is updated with contemporary finishes, including hardwood flooring, recessed lighting, stainless steel appliances, and in‑unit washer/dryers.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,148
Businesses Nearby
Explore this area
Business Placement
Demographics for 11207, NY
100,330
Population
38,030
Households
2.6
Avg Household Size
35
Median Age
19%
College-Educated
81%
High-School Grad
2.7 sq mi
ZIP Area
37,159
Density / Sq Mi
$55,419
Median Household Income
$41,008
Median Earnings
$1,443
Median Rent
$657,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Fully occupied, renovated three-family townhouse in prime Bushwick, Brooklyn.
Where is this triplex located?
The property is located at 265 COVERT Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Fully occupied, turnkey three‑family townhouse providing immediate and consistent cash flow.; Located in prime Bushwick, a dynamic and rapidly evolving neighborhood with high demand and investment activity.; Each unit is updated with contemporary finishes, including hardwood flooring, recessed lighting, stainless steel appliances, and in‑unit washer/dryers.
