40 Schaefer St Unit 1B Brooklyn, NY 11207
Bushwick NeighborhoodEstimated payment $5,214/month
Highlights
- Rooftop Deck
- 5-minute walk to Chauncey Street
- Garden
- Open Floorplan
- Elevator
- 1-minute walk to Evergreen Playground
About This Home
Introducing Unit 1B at 40 Schaefer Street - a truly one-of-a-kind duplex residence with an expansive private backyard, offering the perfect blend of indoor-outdoor living at the intersection of Bedford-Stuyvesant and Bushwick. This remarkable one-bedroom, one-and-a-half-bathroom home spans 1,145 square feet across two levels, including 634 square feet on the main floor and 511 square feet of versatile recreation space below, ideal for entertaining, working, or relaxing in style. Step inside to find floor-to-ceiling Pella windows that flood the home with natural light, wide-plank hardwood floors, and tall ceilings with recessed lighting. The open-concept living area seamlessly connects to a sleek kitchen equipped with stainless steel appliances, custom cabinetry, and a waterfall peninsula with bar seating. Downstairs, the spacious recreation level offers flexible living options-think media lounge, home gym, or workspace-and includes a convenient powder room. Upstairs, the king-size bedroom features a large closet and easy access to a beautifully tiled full bathroom with a modern vanity and glass-enclosed soaking tub. But the real showstopper? A massive, private backyard oasis featuring pavers, lush artificial grass, custom bench seating, and planter boxes-perfect for summer gatherings, weekend brunches, or simply unwinding under the sky. Additional highlights include an in-unit washer-dryer, central HVAC, and ample storage throughout. 40 Schaefer Street is a boutique new development with just two homes per floor, intercom entry, elevator, garbage chute, and a shared rooftop deck with sweeping Manhattan skyline views. Located on a tree-lined residential street at the vibrant border of Bed-Stuy and Bushwick, you're moments from eclectic restaurants, nightlife, and art spaces, with easy access to Highland Park, Ridgewood Reservoir, and multiple subway lines including the J/Z, L, and A/C. Please note, photos have been virtually staged. *The common charges and taxes shown reflect a sponsor concession delivered at closing, equal to 50% of two years of common charges and taxes.
Property Details
Home Type
- Condominium
Interior Spaces
- 1,145 Sq Ft Home
- Open Floorplan
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Full Bathrooms
Additional Features
- Rooftop Deck
- Garden
Community Details
Overview
- Low-Rise Community
- Bushwick Community
Amenities
- Elevator
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $13,143 | $176,085 | $54,382 | $121,703 |
| 2024 | $12,726 | $162,738 | $50,260 | $112,478 |
| 2023 | $12,470 | $153,555 | $47,424 | $106,131 |
| 2022 | $12,470 | $148,504 | $45,864 | $102,640 |
| 2021 | $12,425 | $146,902 | $45,369 | $101,533 |
| 2020 | $12,875 | $156,241 | $45,524 | $110,717 |
| 2019 | $13,938 | $172,963 | $50,397 | $122,566 |
| 2018 | $14,820 | $190,438 | $54,780 | $135,658 |
| 2017 | $14,758 | $185,992 | $53,501 | $132,491 |
| 2016 | $14,814 | $185,991 | $51,231 | $134,760 |
| 2015 | $14,199 | $170,266 | $47,911 | $122,355 |
| 2014 | $13,924 | $167,253 | $42,040 | $125,213 |
| 2012 | $13,828 | $167,588 | $42,124 | $125,464 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/13/2026 08/13/26 | Price Changed | $750,000 | 0.0% | $655 / Sq Ft |
| 08/13/2026 08/13/26 | For Sale | $750,000 | +7.3% | $655 / Sq Ft |
| 07/23/2026 07/23/26 | Off Market | $699,000 | -- | -- |
| 07/16/2026 07/16/26 | Off Market | $699,000 | -- | -- |
| 07/09/2026 07/09/26 | Off Market | $699,000 | -- | -- |
| 07/02/2026 07/02/26 | Off Market | $699,000 | -- | -- |
| 06/25/2026 06/25/26 | Off Market | $699,000 | -- | -- |
| 06/18/2026 06/18/26 | Off Market | $699,000 | -- | -- |
| 06/11/2026 06/11/26 | Off Market | $699,000 | -- | -- |
| 06/04/2026 06/04/26 | Off Market | $699,000 | -- | -- |
| 05/28/2026 05/28/26 | Off Market | $699,000 | -- | -- |
| 05/21/2026 05/21/26 | Off Market | $699,000 | -- | -- |
| 05/14/2026 05/14/26 | Off Market | $699,000 | -- | -- |
| 05/07/2026 05/07/26 | Off Market | $699,000 | -- | -- |
| 04/30/2026 04/30/26 | Off Market | $699,000 | -- | -- |
| 04/23/2026 04/23/26 | Off Market | $699,000 | -- | -- |
| 04/16/2026 04/16/26 | Pending | -- | -- | -- |
| 03/17/2026 03/17/26 | For Sale | $699,000 | -- | $610 / Sq Ft |
Source: My State MLS
MLS Number: 11675939
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Ask me questions while you tour the home.