$550,000
$25K PRICE DROP

40 Schaefer St Unit 3 B Brooklyn, NY 11207

Bushwick Neighborhood

Estimated payment $3,579/month

Total Views 1,404
1 Bed
1 Bath
625 Sq Ft
$880 Price per Sq Ft

Highlights

  • Rooftop Deck
  • Elevator
  • Double Pane Windows
  • Wood Flooring
  • Stainless Steel Appliances
  • Intercom

About This Home

Welcome to Unit 3B 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 3B 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 façade 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. Please note: Kitchen and bathroom photos have been virtually rendered to illustrate potential finish upgrade options.

Listing Agent

Joshua Golan

Compass License #10301215797 Listed on: 06/09/2026

Compass

Co-Listing Agent

Adam Sadel

Compass License #10301214188

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,020

Year Built

  • Built in 2024

HOA Fees

  • $215 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 625 Sq Ft Home
  • Recessed Lighting
  • Double Pane Windows
  • Wood Flooring
  • Intercom

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 0026 / 03426

Community Details

Overview

  • 10 Units
  • Bushwick Subdivision
  • 5-Story Property

Amenities

  • Rooftop Deck
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,020

Year Built

Built in 2024

Lot Details

2,483 Sq Ft Lot

HOA Fees

$215 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bushwick
  • Entry Level: 3
  • Structure Type: Multi Family
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Interior Features: Recessed Lighting
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Cooktop, Electric Oven, Freezer, Refrigerator, Stainless Steel Appliance(s), Washer
  • Equipment (Other): Intercom
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 625.0
  • Living Area Units: Square Feet
  • Basement: No
  • Window Features: Double Pane Windows

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • View: No
  • Exterior Features: Building Roof Deck

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: In Unit, See Remarks
  • Green Building Features: Elevator(s)
  • Cooling: Central Air, Other
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 215.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2483.0
  • Lot Size Dimensions: 24.830000x100.000000

Rental Info

  • Land Lease: No
  • Furnished: Unfurnished

Building Info

  • New Construction: No
  • Units: 10
  • Total Stories: 5
  • Year Built: 2024

Tax Info

  • Tax Block: 03426
  • Tax Lot: 0026
  • Tax Annual: 4020.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
07/12/2026 07/12/26 Price Changed $550,000 -4.3% $880 / Sq Ft
06/09/2026 06/09/26 For Sale $575,000 -- $920 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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
Source: Public Records

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: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20096577

Real Estate Board of New York (REBNY)

APN: 03426-0026

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