Brooklyn, NY 11207,265 Covert Street
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Listing Courtesy of Compass
$1,288,888
Est. payment /mo
9 Beds
6 Baths
3,300 SqFt
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UPDATED:

10/31/2024 11:59 PM

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,300 sqft

Price per Sqft $390

Subdivision Bushwick

MLS Listing ID COMP-1696441517389806305

Style Walk-Up

Bedrooms 9

HOA Y/N Yes

Year Built 1899

Annual Tax Amount $3,900

Property Description

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.

Location

State NY

County Kings

Rooms

Basement Full

Interior

Furnishings Unfurnished

Fireplace No

Laundry See Remarks

Exterior

Exterior Feature Private Yard

Parking Features On Street

Private Pool No

Building

Dwelling Type Townhouse,Triplex

Story 3

New Construction No

Others

Pets Allowed Pets Allowed

Ownership None

Monthly Total Fees $325

Pets Allowed Building No, Cats OK, Dogs OK


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agent

Randy Reis

+1(917) 336-1118

Team Leader | License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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