NOT LISTED FOR SALE

268 Schaefer St Brooklyn, NY 11237

Bushwick Neighborhood

Estimated Value: $1,310,000 - $1,621,000

8 Beds
3 Baths
3,465 Sq Ft
$429/Sq Ft Est. Value

Sale Details

Date Sold: May 1, 2023

Last sale price $1,440,000 $416 Per Sq Ft

90 Days on Market

Highlights

  • Colonial Architecture
  • Private Lot
  • Main Floor Primary Bedroom
  • Property is near public transit
  • Wood Flooring
  • 5-minute walk to Irving Square Park

About This Home

As of May 2023

Phenomenal 3-family opportunity in Bushwick. Large 21x55 property on 25.5x100 lot. 1st flr features eat-in kitchen, 2 bedrms, full bathrm, formal dining rm & living rm. 2nd Flr features eat-in kitchen, 3 bedrms, full bathrm, formal dining rm & living rm. 3rd flr also features eat-in kitchen & 3 bedrms, a full bathrm, formal dining rm & living r=m. 8 total bedrms. Shared driveway is approx 9ft wide, can accommodate SUVs & leads to a yard & an open carport w/ space for 3 vehicles. Full bsmt w/ high ceilings is unfinished & is a blank slate ready for conversion into additional usable space. There are separate electric & gas meters for each unit, plus a 4th electrical meter for the common area. Minutes from the J,L,M & Z lines as well as the B20, B26 & B60 bus lines. Rated a 90 on walkscore.com, and nearby to great neighborhood shops and restaurants. Delivered vacant & a fantastic investment opportunity!

Last Agent to Sell the Property

George Herrera

Keller Williams Landmark II License #10401224259 Listed on: 08/24/2022

Keller Williams Landmark II

Co-Listed By

Daniel Akerman

Keller Williams Landmark II License #10401273924

Last Buyer's Agent

Non Member

NonMember

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,928

Year Built

  • Built in 1920

Lot Details

  • 2,550 Sq Ft Lot
  • Lot Dimensions are 25.5' x 100'
  • 1 Common Wall
  • Southwest Facing Home
  • Private Entrance
  • Back Yard Fenced
  • Private Lot

Parking

  • 1 Car Detached Garage
  • Carport
  • Shared Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,465 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps/Is 384 Frances E Carter Elementary School
  • Evergreen Ms-Urban Exploration Middle School
  • Brooklyn School For Social Justice High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Exclusions: A/C Units,Dryer,Washer
  • Legal Lot and Block 12 / 3431
  • Assessor Parcel Number 03431-0012

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,928

Year Built

Built in 1920

Lot Details

2,550 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Exclusions: A/C Units,Dryer,Washer
  • Year Built: 1920
  • New Construction: No
  • Co List Office Mls Id: ONEKLRW01
  • Co List Office Phone: 347-846-1200
  • BuildingSize: 21 x 55'
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: Master Downstairs, First Floor Bedroom, Den/Family Room, Eat-in Kitchen, Formal Dining, Entrance Foyer
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Basement: Bilco Door(s), Full, Unfinished
  • Inclusions: Door Hardware,Refrigerator
  • Total Bedrooms: 8
  • Living Area: 3465
  • Window Features: Skylight(s)
  • SquareFootage: 3465.00
  • NumberOfKitchens: 3

Exterior Features

  • Direction Faces: Southwest
  • Construction Materials: Brick
  • Fencing: Back Yard, Fenced, Partial
  • Exterior Features: Private Entrance
  • FloodZoneReportYN: 0

Garage/Parking

  • Total Parking Spaces: 3
  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Shared Driveway, Carport, Detached, Private, On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Hot Water
  • Security: Security System
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Fuel Oil Stand Alone

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Evergreen Ms-Urban Exploration

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 25.5' X 100'
  • Lot Size Sq Ft: 2550
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit, Private
  • Parcel Number: 03431-0012
  • Zoning Description: R6
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 4928
  • Tax Block: 3431
  • Tax Lot: 12
  • Tax Map Number: 03431-0012

MLS Schools

  • Elementary School: Ps/Is 384 Frances E Carter
  • High School: Brooklyn School For Social Justice
  • Middle School District: Brooklyn 32

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2023 05/01/23 Sold $1,440,000 -4.0% $416 / Sq Ft
11/22/2022 11/22/22 Pending -- -- --
10/20/2022 10/20/22 For Sale $1,499,999 +4.2% $433 / Sq Ft
09/13/2022 09/13/22 Off Market $1,440,000 -- --
08/24/2022 08/24/22 For Sale $1,499,999 -- $433 / Sq Ft
Source: OneKey® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $5,613 $292,950 $94,050 $198,900
2025 $5,563 $103,260 $12,540 $90,720
2024 $5,563 $98,700 $12,540 $86,160
2023 $4,653 $102,840 $13,080 $89,760
2022 $1,805 $84,660 $13,080 $71,580
2021 $1,791 $88,380 $13,080 $75,300
2019 $1,755 $73,560 $13,080 $60,480
2018 $1,562 $21,795 $2,894 $18,901
2017 $1,451 $20,571 $4,243 $16,328
2016 $1,319 $19,407 $4,802 $14,605
2015 $2,121 $19,407 $4,773 $14,634
2014 $2,121 $19,233 $5,673 $13,560
Source: Public Records

Agents Affiliated with this Home

  • George Herrera

    Seller's Agent in 2023

    George Herrera

    Keller Williams Landmark II

    (718) 968-5538

    2 in this area

    158 Total Sales

    George Herrera
    Section Image
  • Daniel Akerman

    Seller Co-Listing Agent in 2023

    Daniel Akerman

    Keller Williams Landmark II

    (646) 624-9302

    2 in this area

    30 Total Sales

    Daniel Akerman
    Section Image

  • N

    Buyer's Agent in 2023

    Non Member

    NonMember

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3425729

OneKey® MLS

APN: 03431-0012

New York Kings County Brooklyn 11207 Bushwick

268 Schaefer St, Brooklyn, NY

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Based on information submitted to the MLS GRID
Listings courtesy of OneKey® MLS as distributed by MLS GRID

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