$699,000
Updated 8 months ago
Off Market

40 Schaefer Street, 1-B

Bushwick, Brooklyn | Park Ave & Myrtle Ave

3 Rooms1 Bed1.5 Baths1,145 Square FeetCondo

$699,000
Common Charges$715
RE Taxes$1,117
Price Per SF
$610

Listing Features

  • Duplex
  • Ground Floor
  • Hardwood Floors
  • High Ceilings
  • Recessed Lighting
  • Washer / Dryer
  • Oversized Windows
  • Dishwasher
  • Gourmet Kitchen
  • Microwave
  • Open Kitchen
  • S Steel Appliances
  • Powder Room
  • Soaking Tub

Outdoor space and views

  • Backyard
  • Garden
  • Skyline Views
  • South Exposure

Building Amenities

  • Video Intercom
  • Elevator
  • Garden
  • Roof Deck

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 40 Schaefer Street, 1-B

Introducing Unit 1B at 40 Schaefer Street — a truly one-of-a-kind duplex residence with an expansive private backyard, offering the perfect blend of indoor-outdoor living at the intersection of Bedford-Stuyvesant and Bushwick. This remarkable one-bedroom, one-and-a-half-bathroom home spans 1,145 square feet across two levels, including 634 square feet on the main floor and 511 square feet of versatile recreation space below, ideal for entertaining, working, or relaxing in style. Step inside to find floor-to-ceiling Pella windows that flood the home with natural light, wide-plank hardwood floors, and tall ceilings with recessed lighting. The open-concept living area seamlessly connects to a sleek kitchen equipped with stainless steel appliances, custom cabinetry, and a waterfall peninsula with bar seating. Downstairs, the spacious recreation level offers flexible living options—think media lounge, home gym, or workspace—and includes a convenient powder room. Upstairs, the king-size bedroom features a large closet and easy access to a beautifully tiled full bathroom with a modern vanity and glass-enclosed soaking tub. But the real showstopper? A massive, private backyard oasis featuring pavers, lush artificial grass, custom bench seating, and planter boxes—perfect for summer gatherings, weekend brunches, or simply unwinding under the sky. Additional highlights include an in-unit washer-dryer, central HVAC, and ample storage throughout. 40 Schaefer Street is a boutique new development with just two homes per floor, intercom entry, elevator, garbage chute, and a shared rooftop deck with sweeping Manhattan skyline views. Located on a tree-lined residential street at the vibrant border of Bed-Stuy and Bushwick, you're moments from eclectic restaurants, nightlife, and art spaces, with easy access to Highland Park, Ridgewood Reservoir, and multiple subway lines including the J/Z, L, and A/C. Please note, photos have been virtually staged.

Building Details for 40 Schaefer Street

OwnershipCondo
Building TypeLow-Rise
Service LevelVideo Intercom
AgePost-War
AccessElevator
Year Built2019
Financing Allowed90%
Floors/Apts5/10
Learn More About the Building

Transit and Citi Bike

Subway

Chauncey St
0.18 miles
Halsey St
0.24 miles
Bushwick Av-Aberdeen St
0.4 miles
Rockaway Av
0.46 miles

Citi Bike

Eldert St & Bushwick Ave
0.11 miles
Rockaway Ave & Bainbridge St
0.13 miles

Contact Agents

Contact Agents

Adam Sadel
Compass
Licensed As
Alex Fincham
Associate Broker
License#:
10301221777
Company:
Compass

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: 2147972