Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,980,000

· Closed February 27, 2026

118 Schaefer Street
Closed For Sale Duplex

$1,980,000

$683 per sq ft

118 Schaefer Street

Bushwick, Brooklyn

MLS® #RLS20059624

RLS at REBNY

Listing by Compass

5

Bedrooms

3.5

Baths

2,900

Sq. Ft.

1925

Year Built

Quick Summary

Bedrooms 5
Bathrooms 4 full, 2 half
Living Area 2,900 sq ft
Lot Size 1,800 sq ft
Year Built 1925
Ownership None
Property Taxes $3,360/yr
Neighborhood Bushwick
Floor 1 of 3

Property Highlights

  • Outdoor Space: Deck, Rooftop
  • Climate Control: Central Air
  • Character: Pre-war building (1925)

Property Details

Type Duplex
Ownership None
Total Rooms 10
Baths 3 Full, 2 Half
Floor 1 of 3
Heating Central
Cooling Central Air
Pets Yes
Year Built 1925
Living Area 2,900 sq ft
Structure Type Duplex,Townhouse
Flooring Hardwood
Furnished Unfurnished
Basement Full
Lot Size 1,800 sq ft
Parcel # 03428-0017
Block/Lot 03428/0017

Listing History

Event Date Price Change
Listed Nov 12, 2025 $1,999,000 -
Currently May 7, 2026 $1,980,000 -1.0%

Description

Welcome to 118 Schaefer Street, a meticulously gut-renovated townhouse in the heart of Bushwick, Brooklyn, thoughtfully designed as a spacious owner’s duplex above a two-bedroom garden rental. This modern home blends high-end finishes with smart, functional design—perfectly suited for today’s lifestyle. The parlor floor of the owner’s duplex is bright and inviting, anchored by warm white oak flooring and a generous open layout. A stylish powder room is tucked just off the living area, while a built-in dining bench creates a cozy, intentional flow into the chef’s kitchen. Outfitted with Taj Mahal quartzite countertops, a cooktop with a separate wall oven, and a full wall of custom pantries, this kitchen is as beautiful as it is practical. Bifold doors open the entire back wall to a private deck, offering seamless indoor-outdoor living. Upstairs, the primary suite features a spa-inspired en-suite bathroom with a double vanity and dual rain showerheads. Two additional bedrooms share a full bathroom, and a linen closet and washer/dryer add everyday convenience. For even more space, the fully finished basement offers a large recreation room and powder room—ideal for a home gym, media space, or playroom. The two-bedroom garden apartment below is thoughtfully laid out with its own washer/dryer and access to a private backyard oasis, making it ideal for rental income, guests, or multigenerational living. Additional highlights include a private rooftop with skyline views, white oak floors throughout, and all-new mechanical systems. Located on a tree-lined block near Bushwick’s best cafes, galleries, and the L and M trains, 118 Schaefer Street is the perfect blend of luxury, versatility, and location.

Features & Amenities

Interior Features

Wet Bar Built In Features Double Vanity High Ceilings His And Hers Closets Kitchen Island Recessed Lighting Sound System Bar See Remarks Flooring: Hardwood Double Pane Windows Skylights

Exterior Features

Private Outdoor Space Over60 Sqft Deck Rooftop

Building Amenities

Security System

Appliances

Cooktop Double Oven Dryer Dishwasher Washer

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 3
Structure Duplex,Townhouse

Financial Details

RE Taxes $3,360/yr ($280/mo)
Original Price $1,999,000
Sale Price $1,980,000
Previous Price $1,999,000

Bushwick has emerged as Brooklyn's premier creative frontier, known for its world-class street art, eclectic nightlife, and industrial-chic vibe. The neighborhood offers a wide range of housing options, from converted warehouse lofts that appeal to artists and professionals to traditional multi-family townhouses. Recent years have seen a surge in boutique new construction condominiums, making it a top destination for those seeking a dynamic and evolving urban environment.

Bushwick Live Market Data

View Neighborhood

Active Listings

125

Median Asking Price

$975K

Median $/Sqft

$924

Avg Days on Market

N/A

New This Week

13

Price Reduced

26%

Sold (30 Days)

13

Median Sale Price

$859K

Live data from RLS at REBNY • Updated 5/7/26, 7:06 AM EST

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Location

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118 Schaefer Street, Bushwick, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1925
Year Built
101 years old
2
Floors
2
Residential Units
R6
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $90,720
Land Value: $14,820
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,800 SF
Building Area: 2,430 SF
Built FAR: 1.35
Allowed FAR: 2.43

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $3,360, or roughly $280 per month. Verify the current assessment with your attorney before closing.

This property has 5 bedrooms and 3 full bathrooms and 2 half bathrooms.

The listed interior living area is 2,900 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1925, making it approximately 101 years old.

This listing is None

Pet policy requires confirmation with the listing broker.

At the current list price of $1,980,000 for 2,900 sq ft, the asking price per square foot is approximately $683. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20059624
First Listed: 11/12/2025
On Market: 11/12/2025
Price Changed: 2/27/2026
Closed: 2/27/2026
Contract Date: 11/12/2025

Listing Courtesy of Compass - Adam Sadel

Listing Contact: (201) 370-8465

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/7/2026 at 11:06 AM UTC

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