$1,499,999
Updated 4 years ago
Off Market

268 Schaefer Street

Bushwick, Brooklyn | Knickerbocker Ave & Irving Ave

3,465 Square FeetMulti-Family

$1,499,999
floors / apts3 / 3
Lot Size25'x100'
Built Size21'x55'
ZoneR6
Building TypeHouse
RE Taxes$1,789
Price Per SF
$433

Building Amenities

  • Driveway

Property Description for 268 Schaefer Street

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!

Building Details for 268 Schaefer Street

OwnershipMulti-Family
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts3/3
Learn More About the Building

Contact Agent

Contact Agent

Licensed As
George Herrera
Salesperson
License#:
10401224259
Company:
Keller Williams Realty Empire
George Herrera
Keller Williams Realty Empire

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: 87588TH