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$1,349,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 9 Total Beds
  • Updated 1 day ago
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Legal 2 Family w/ Full Finished Basement & Backyard! This great investment property is a legal 2 family with 3 units and a full finished basement located in the heart of Bushwick right between Wilson Ave and Central Ave. It is only 3 short blocks away from Wilson Ave L train station and Irving Square Park. Steps away from several bus stops. It is surrounded by stores, groceries, coffee shops, bars, and restaurants. 0.5 miles to Chauncey St J, Z train station. This property is an investor's dream. It features: - Ground Floor: 2BR/1BA unit w/ private access to the backyard - 2nd Floor: 3BR/1BA unit - 3rd Floor: Renovated 4BR/1BA unit - Full Finished Basement with kitchenette and full bath - Each apartment features hardwood floors, eat-in kitchen, stainless steel appliances, granite countertops, windows in each room and high ceilings - Large backyard and front yard - Roof was completely replaced 3 years ago Lot: 20 x 100 ft Building: 20 x 45 ft Zoning: R6 FAR: 1.35; Max FAR: 2.43 Taxes: $2,993/Yr Great Investment Opportunity!

Full Property Details for 166 Schaefer St

General

  • Price: $1,349,000
  • Taxes: $2,956
  • Status: Active
  • Type: Multi-Family
  • Source: Long_Island
  • MLS ID: 969251
  • Updated: 3/9/2026
  • Added to Site: 2 day(s) ago

Interior

  • Interior Features: Eat-in Kitchen, Granite Counters, High Ceilings
  • Flooring: Wood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 9

Parking

  • Parking Features: On Street

Location

  • County: Kings (Brooklyn)
  • Cross Streets: Central Ave
  • Driving Directions: Use Google Maps

School Information

  • High School District: Brooklyn 32
  • Elementary School: Ps/Is 384 Frances E Carter
  • Middle School: Evergreen Ms-Urban Exploration
  • High School: Brooklyn School For Math And Research (The)

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Available, Natural Gas Available, Water Available

Structural Information

  • Detached/Attached: Attached
  • Construction: Frame
  • Basement: Yes
  • Basement Desc.: Finished, Full Basement
  • Building Size: 2700
  • Square Feet: 2,700
  • Year Built: 1915

Lot Features

  • Lot Size (Acres): 0.0459
  • Lot Size (Sq. Ft.): 2,000
  • Lot Dimensions: 20 x 100 ft

Financial Considerations

  • Tax Amount: $2,956.2

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 03429-0011

Listed by Capri Jet Realty Corp

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Listing agent

— 166 Schaefer St —

  • Capri Jet Realty Corp

718-388-2188

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 166 Schaefer St

School District:New York City Geographic School District 32
NameGradesDistance
Ps Is 384 Frances E Carter
242 Cooper Street, Brooklyn, NY 11207
K-50.2 mi
Evergreen Middle School-Urban Exploration
125 Covert Street, Brooklyn, NY 11207
6-80.1 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 166 Schaefer St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/09/2026
Listed
$1,349,000
35.58%
MLS
5/03/2019
Sold
$995,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 166 Schaefer St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,029
1%
$15,082
-83%
2024
$3,000
6%
$86,820
10%
2023
$2,835
5%
$78,660
22%
2022
$2,706
-49%
$64,380
-2%
2021
$5,292
99%
$65,520
-18%
2020
$2,660
1%
$79,440
-10%
2019
$2,634
7%
$87,840
647%
2018
$2,460
9%
$11,761
6%
2017
$2,264
27%
$11,104
6%
2016
$1,785
3%
$10,477
—
2015
$1,739
10%
$10,473
1%
2014
$1,582
14%
$10,372
6%
2013
$1,392
—
$9,801
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Capri Jet Realty Corp

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166 Schaefer Street, Brooklyn, NY 11207 (MLS# 969251) is a Multi-Family property with 3 units containing 9 bedrooms and 3 full bathrooms. 166 Schaefer Street is currently listed for $1,349,000 and was received on March 09, 2026. Want to learn more about 166 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.

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