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$1,683,510
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Property Description
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.
Full Property Details
Full Property Details for 215 Schaefer St
General
- Sold For: $1,683,510
- Taxes: $5,064
- Status: Closed
- Type: Multi-Family
- Source: REBNY
- MLS ID: RLS11008260
- Added to Site: 532 day(s) ago
Interior
- Number of Rooms: 16
- Interior Features: Smoke Free
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Decorative
- Appliances: Washer Dryer Allowed
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: In Unit
Exterior
- Exterior Features: Private Outdoor Space Under 60 Sqft
Location
- County: Kings
- Subdivision: Bushwick
Community
- Pets Allowed: Yes
Structural Information
- Structure Type: Townhouse
- Basement Desc.: Other
- Stories/Levels: 1
- Square Feet: 4,286
- Living Area: 4,286 Sq. Ft.
- Year Built: 1899
- Other Struct. Feat.: Green Building
Lot Features
- Property View: Other
- Lot Size: 912
- Lot Dimensions: 19.00 x 48.00
Financial Considerations
- Tax Amount: $5,064
Disclosures and Reports
- Special Conditions: Standard
- Block: 1824
- Lot Number: 16
Listing Courtesy of Serhant
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Schools
Schools serving 215 Schaefer St
School District:New York City Geographic School District 32
| Name | Grades | Distance |
|---|---|---|
Ps Is 384 Frances E Carter 242 Cooper Street, Brooklyn, NY 11207 | K-5 | 0.1 mi |
Evergreen Middle School-Urban Exploration 125 Covert Street, Brooklyn, NY 11207 | 6-8 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 215 Schaefer St
Date
Details
Price
Change
Source
5/21/2025
Price Reduced
$1,683,510
—
MLS
5/21/2025
Sold
$1,683,510
2.03%
MLS
1/24/2025
Price Reduced
$1,650,000
-2.65%
MLS
11/04/2024
Price Reduced
$1,695,000
-3.14%
MLS
9/30/2024
Price Reduced
$1,750,000
-5.41%
MLS
9/10/2024
Listed
$1,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
215 Schaefer Street, Brooklyn, NY 11207 (MLS# RLS11008260) is a Multi-Family property that was sold at $1,683,510 on May 21, 2025. Want to learn more about 215 Schaefer Street? Do you have questions about finding other Multi-Family real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

