The listing facts are current enough for an initial property review.
255 Covert St
Listing Notes
255 Covert Street 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 bedroomsideal 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.
Market Insights
$489/sqft vs a nearby median of $472/sqft.
- +3.6% versus the nearby median price per square foot.
- 2 price records are available for this property.
- 2,844 sqft creates a usable price-per-square-foot read.
Pricing Read
Asking price is well-anchored to the comp picture (+1.9%). Negotiate on terms, not headline price.
- Transit access+$33k +2.5%
- Pre-war character+$33k +2.5%
- Open Class C HPD violations−$20k −1.5%
- Visible condition issues−$13k −1.0%
Property Read
The property is close to nearby price-per-square-foot levels, so the decision will likely come down to condition and layout.
Recorded price cuts can create room for negotiation, but the latest ask still needs to be compared against true comps.
Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.
Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 46 days
- Last price change
- Down $60,000 (4.1%)
- Listed
- Mar 27, 2026
- Photos
- 19 photos
- Property type
- multi family
- Status
- for sale
- Last sold
- Sep 12, 2014 · $360,000
Features & Amenities
Photos
Building Facts
- Year built
- 1910
- Stories
- 2
- Total units
- 2
- Residential units
- 2
- Building area
- 2,844 sqft
- Lot size
- 1,975 sqft
- Land use
- One and two family buildings
- Building class
- B2
From NYC public records where available.
Price History
Public Records
0 total recorded against the building
1 class C (immediately hazardous)
Tax-lot deed, mortgage, and transfer records on file
Top: illegal parking
Top complaint types in ZIP 11207
- Illegal Parking6,429
- Noise - Residential4,943
- HEAT/HOT WATER4,218
- Blocked Driveway2,932
- UNSANITARY CONDITION2,219
Recent HPD
- Dec 3, 2024Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
- Nov 16, 2022Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
- Nov 14, 2022Class C · § 27-2005 ADMIN. CODE: REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN UNIFORM COLOR AT CEILING IN THE 4th ROOM FROM EAST AT SOUTH LOCATED AT APT 3, 2nd STORY, 1s...
- Nov 14, 2022Class B · § 27-2005 ADMIN. CODE: PROPERLY REPAIR THE BROKEN OR DEFECTIVE LIGHT FIXTURE AT CEILING IN THE 4th ROOM FROM EAST AT SOUTH LOCATED AT APT 3, 2nd STORY, 1st APARTMENT FROM WEST A...
Recent Transfers (ACRIS)
- Dec 2, 2016DEED
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.