40 Schaefer St Unit 2 B Brooklyn, NY 11207
Bushwick NeighborhoodEstimated payment $3,253/month
Highlights
- Rooftop Deck
- 5-minute walk to Chauncey Street
- 1-minute walk to Evergreen Playground
- Open Floorplan
- Elevator
About This Home
Welcome to Unit 2B at 40 Schaefer Street, a stunning one-bedroom, one-bathroom residence in a brand-new boutique condominium development nestled between Brooklyn's popular neighborhoods - Bedford-Stuyvesant and Bushwick. Unit 2B offers a sun-drenched interior featuring wide-plank hardwood floors, floor-to-ceiling Pella windows, and tall ceilings with recessed lighting. The spacious living and dining area seamlessly connects to an open gourmet kitchen, complete with sleek cabinetry, stainless steel appliances, and a waterfall peninsula with bar seating. The large bedroom includes a wide reach-in closet and ample space for a seating area or home office. The beautiful bathroom boasts floor-to-ceiling tile, a tub/shower with a glass door, and a contemporary vanity. An in-unit washer-dryer, a roomy coat closet, and central HVAC ensure comfort and convenience. 40 Schaefer Street is a new boutique condominium featuring a handsome brick facade that blends seamlessly with the surrounding streetscape. Residents enjoy just two units per floor, intercom entry, an elevator, a convenient garbage chute, and a common roof deck with spectacular Manhattan skyline views. Located on a tree-lined residential street where Bedford-Stuyvesant meets Bushwick, this exceptional building is surrounded by some of Brooklyn's best art, shopping, dining, and nightlife. Massive Highland Park and Ridgewood Reservoir are less than a mile away, offering gorgeous views, picnic areas, ball fields, and courts. Transportation from this vibrant neighborhood is effortless thanks to J/Z, L, and A/C trains, excellent bus service, and CitiBikes within easy reach. *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
- 624 Sq Ft Home
- Open Floorplan
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Outdoor Features
- Rooftop Deck
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 |
|---|---|---|---|---|
| 2026 | $75,136 | $801,450 | $83,700 | $717,750 |
| 2025 | $69,581 | $667,800 | $83,700 | $584,100 |
| 2024 | $69,581 | $556,560 | $83,700 | $472,860 |
| 2023 | $85,342 | $695,700 | $83,700 | $612,000 |
| 2022 | $82,652 | $695,700 | $83,700 | $612,000 |
| 2021 | $76,730 | $653,850 | $83,700 | $570,150 |
| 2019 | $1,103 | $52,650 | $52,650 | $564,300 |
| 2018 | $1,651 | $8,101 | $2,908 | $5,193 |
| 2017 | $1,606 | $7,879 | $2,353 | $5,526 |
| 2016 | $1,575 | $7,879 | $3,178 | $4,701 |
| 2015 | $677 | $7,584 | $3,436 | $4,148 |
| 2014 | $677 | $7,155 | $2,756 | $4,399 |
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 |
|---|---|---|---|---|
| 07/29/2026 07/29/26 | Price Changed | $499,000 | -5.0% | $800 / Sq Ft |
| 07/14/2026 07/14/26 | Price Changed | $525,000 | -4.5% | $841 / Sq Ft |
| 05/07/2026 05/07/26 | For Sale | $550,000 | -- | $881 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $120,000 | -- | |
| Bargain Sale Deed | $194,000 | -- | |
| Bargain Sale Deed | $210,000 | First American Title Ins Co | |
| Bargain Sale Deed | $125,000 | Stewart Title Insurance Co | |
| Deed | $65,000 | Commonwealth Land Title Ins | |
| Deed | $25,000 | Commonwealth Land Title Ins |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $950,000 | Unknown | |
| Closed | $600,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $400,000 | No Value Available | |
| Closed | $275,000 | No Value Available | |
| Previous Owner | $192,414 | FHA | |
| Previous Owner | $75,000 | Commercial | |
| Closed | $208,250 | FHA |
Source: My State MLS
MLS Number: 11740903
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Ask me questions while you tour the home.