Updated a year ago
Sold
215 Schaefer Street
Bushwick, Brooklyn | Wilson Ave & Knickerbocker Ave
16 Rooms8 Beds3 Baths3,515 Square FeetMulti-Family
$1,650,000
floors / apts3 / 3
Lot Size19'x100'
Built Size19'x48'
ZoneR6
Building TypeTownhouse
RE Taxes$5,064
Price Per SF
$469
This property was sold for $1,683,510 on 05/21/25.
Listing Features
- Original Details
Outdoor space and views
- Backyard [19'x31']
- Terrace [19'x9']
Building Amenities
- Sprinkler System
- Wheelchair Access
Property Description for 215 Schaefer Street
Income-Producing 3-Family Investment Property - Prime Bushwick Location!
This 19.5 x 100 property underwent an extensive renovation in 2021 resulting on a new CofO, this building offers modern upgrades, energy efficiency, and strong rental potential. The bottom floor will be delivered VACANT providing an opportunity for owner-occupancy or increased rental income.
The first-floor unit is a newly renovated, ADA-compliant two-bedroom apartment featuring a private backyard and in-unit washer/dryer. The second-floor unit offers a spacious, updated three-bedroom layout, while the third floor boasts three bedrooms, two skylights, and a large terrace. Each residence showcases high ceilings, dishwashers, stainless steel appliances, hardwood floors, oversized windows, decorative fireplaces and exposed brick, blending modern and classic design elements seamlessly.
Key Features:
- Super High-Efficiency Boilers rated by National Grid, with integrated water heaters serving as combination heat and hot water units, ensuring optimal performance.
- ADA-Compliant Apartment (#1) with lower light switches, intercom panel, a wheelchair-accessible bathroom with a 4-foot turning radius, grab bars, and a special pedestal for assistance.
- Fireproof Building with concrete-poured staircases for enhanced safety.
- Equipped with an RPZ valve to separate domestic water from the sprinkler system, along with a high-capacity ventilation system in the basement to ensure fresh air circulation and prevent carbon monoxide issues.
- Hardwired Carbon Monoxide and Smoke Detectors connected to the circuit breaker panel, eliminating the need for battery replacements.
Tenants pay their own electricity and gas, including electric bills for their in-unit washing machines.
This property provides an unmatched combination of efficiency, safety, and modern living conveniences, making it a high-demand option for renters.
Situated in the heart of Bushwick, this property offers easy access to public transportation L/ J/Z trains, only 25 minutes to Manhattan plus multiple bus lines. Bushwick is known for its trendy cafes, restaurants, and a vibrant arts scene. With proximity to parks and shops, this sought-after neighborhood continues to attract high-demand renters, making it a solid long-term investment.
Listing History for 215 Schaefer Street
Now
05/21/2025
$1,683,510
Sold and Closed by Beatriz Moitinho
Serhant LLC
01/24/2025
Contract Signed by Beatriz Moitinho
Serhant LLC
Building Details for 215 Schaefer Street
OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1899
Floors/Apts3/3
Transit and Citi Bike
Subway
Wilson Av
0.21 miles
Halsey St
0.38 miles
Citi Bike
Central Ave & Covert St
0.15 miles
Wilson Ave & Moffat St
0.16 miles
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: 63997TH
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