Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,683,510

· Closed May 21, 2025

215 SCHAEFER Street
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Closed For Sale Multi Family

$1,683,510

$393 per sq ft

215 SCHAEFER Street

Bushwick, Brooklyn

MLS® #RLS11008260

RLS at REBNY

Listing by Serhant

8

Bedrooms

3

Baths

4,286

Sq. Ft.

1899

Year Built

Quick Summary

Bedrooms 8
Bathrooms 3
Living Area 4,286 sq ft
Lot Size 912 sq ft
Year Built 1899
Ownership None
Property Taxes $5,064/yr
Neighborhood Bushwick
Floor 1 of 1

Property Highlights

  • Views: Other
  • Fireplace: 1 fireplace
  • Character: Pre-war building (1899)

Property Details

Type Multi Family
Ownership None
Total Rooms 16
Baths 3 Full
Floor 1 of 1
View Other
Pets Yes
Year Built 1899
Living Area 4,286 sq ft
Structure Type Townhouse
Basement Other
Lot Size 912 sq ft
Parcel # 03424-0071
Block/Lot 01824/0016

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.

Features & Amenities

Interior Features

Smoke Free In Unit Fireplace (1)

Exterior Features

Private Outdoor Space Under60 Sqft

Building Amenities

Green Building

Appliances

Washer Dryer Allowed

Building Information

Total Units -1
Stories 1
Structure Townhouse

Financial Details

RE Taxes $5,064/yr ($422/mo)
Original Price $1,850,000
Sale Price $1,683,510
Previous Price $1,650,000

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

92

Median Asking Price

$968K

Median $/Sqft

$938

Avg Days on Market

N/A

New This Week

8

Price Reduced

20%

Sold (30 Days)

7

Median Sale Price

$854K

Live data from RLS at REBNY • Updated 3/23/26, 9:58 AM EST

Similar Listings in Bushwick

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Location

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215 SCHAEFER Street, Bushwick, Kings County

MLS® ID: RLS11008260
First Listed: 9/10/2024
On Market: 9/10/2024
Price Changed: 5/21/2025
Closed: 5/21/2025
Contract Date: 9/10/2024

Listing Courtesy of Serhant - Beatriz Moitinho

Listing Contact: 646-480-7665

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 3/23/2026 at 1:58 PM UTC

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