RealtyLens
for saleRealtyLens property overview
$1,390,000

255 Covert St

Brooklyn, NY, 11207
View more Brooklyn, NY property pages
9Beds
3Baths
2,844Sqft
$489$/sqft

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

Near nearby median+3.6%

$489/sqft vs a nearby median of $472/sqft.

Nearby median$472/sqft
Nearby properties12
Property size2,844 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

Yardstick fair value$1.36M$1.24M$1.49M · 50% confidence
vs ask $1.39M+$27k (+1.9%)

Asking price is well-anchored to the comp picture (+1.9%). Negotiate on terms, not headline price.

$468/sqft median across 6 tight comps × 2,844 sqft= $1.33M
  • 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%
Cumulative NYC adjustments+$33k+2.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position+3.6% vs nearby

The property is close to nearby price-per-square-foot levels, so the decision will likely come down to condition and layout.

Price Movement1 price cut

Recorded price cuts can create room for negotiation, but the latest ask still needs to be compared against true comps.

Diligence Read3 items to check
AI ReadinessReady to analyze
Assistant read

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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

FireplaceBasementTwo Or More StoriesRental PropertyDen

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

May 7, 2026diff
$1,390,000for sale
May 4, 2026Initial record
$1,450,000for sale

Public Records

DOB violations0 open

0 total recorded against the building

HPD violations22 open

1 class C (immediately hazardous)

ACRIS documents38

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)45,600

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.

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.