Updated 6 years ago
In contract

126 Schaefer Street

Bushwick, Brooklyn | Evergreen Ave & Central Ave

10 Rooms6 Beds3 Baths2,160 Square FeetMulti-Family

$1,100,000
floors / apts3 / 3
Lot Size18'x100'
Built Size18'x45'
ZoneR6
Building TypeTownhouse
RE Taxes$2,957
Price Per SF
$509

Outdoor space and views

  • Backyard
  • Patio
  • Garden Views

Building Amenities

  • Voice Intercom

Property Description for 126 Schaefer Street

Easy to show this private townhouse! More photos coming soon (kitchens and bathrooms are newly renovated). Your private oasis awaits: a three story townhouse plus basement, with a large private backyard, and VERY low taxes: $246/month ($2,957/year) 126 Schaefer can be configured to suit your needs and can be converted into single family home, an owner's duplex with an income-producing apartment or an investment property. The home boasts approximately 2,160 interior sqft with a private backyard of approximately 860sqft (162sqft patio and 702sqft backyard). Currently configured as a 3-unit townhouse, this legal 2-family building can be configured as a 3 story + basement single family home with up to 6 bedrooms, or an owner's duplex with 3 bedrooms and the backyard and an income producing 2 bedroom apartment upstairs. All three floors have been recently renovated with new kitchens and bathrooms. The building has two separate entrances allowing for privacy. Washer/Dryers can be installed in a few different locations including the unfinished basement. This three-story, two family townhouse is built as 18 ft x 42 ft offering approximately 2,160 sqft. It sits on a 18 ft x 100 ft lot and is zoned as an R6. This property offers approximately 2,214 square feet of additional air rights. As built, FAR is 1.35. Residential zoning allows for 2.43 FAR. Two buildings on Schaefer have recently been converted to 55 ft tall condos. Wilson Avenue L Subway Station, Citibike stations, Irving Square Park, Evergreens Cemetery, and local eateries and bars such as Caffeine Underground, Nowadays, Habanero and Angela's Bakery nearby.

Listing History for 126 Schaefer Street

Now
07/23/2020
Contract Signed by Rachel Yohai
Compass
07/07/2020
$1,100,000
Initial Price by Rachel Yohai
Compass

Building Details for 126 Schaefer Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1925
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Wilson Av
0.28 miles
Chauncey St
0.35 miles
Halsey St
0.39 miles
Bushwick Av-Aberdeen St
0.41 miles

Citi Bike

Central Ave & Decatur St
0.07 miles
Central Ave & Covert St
0.09 miles

Contact Agents

Contact Agents

Bushwick | Brooklyn

Quick Profile

As one of the most diverse neighborhoods in New York, Bushwick offers a perfect snapshot of just how multicultural the city is. Long-established as an amalgam of cultures and ethnicities, a wave of varying types of immigrants trickled in from the seventeenth to twentieth centuries, with Bushwick largely becoming a home to Hispanics of Puerto Rican and Dominican backgrounds by the latter part of the twentieth century. 

With the Bushwick Initiative of the mid-00s that aided in revitalization, it became an attractive area to young professionals and artists. And even now, Bushwick has sustained affordable rent prices where other North Brooklyn counterparts, like Williamsburg and Greenpoint, have become more expensive. Priding itself on the weird and the wacky, numerous art collectives thrive in this part of Brooklyn, once famously named the seventh coolest neighborhood in the world by Vogue. 

Though it has drawn in many tourists in recent years (there’s even a graffiti tour you can take from the Bushwick Collective), the neighborhood remains very much community-oriented, and has not been subject to quite the same sort of corporate infiltration phenomenon of its nearby Williamsburg environs. 

But yes, of course, Bushwick has come a very long way from its 80s and 90s reputation as being “The Well,” a nickname given to it for its free-flowing and widely available amount of drugs (quantity over quality being the cliche applied here). 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 78989TH