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.
In contract
$699,000
40 Schaefer St #1B, Brooklyn, NY 11207
1beds
1,145sqft
Condominium
Built in 2024
-- sqft lot
$-- Zestimate®
$610/sqft
$715/mo HOA
What's special
Modern vanityMassive private backyard oasisExpansive private backyardNatural lightCentral hvacKing-size bedroomPowder room
- 111 days |
- 31 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Compass 724-470-8036,
Alex Fincham,
Joshua Golan
Source: StreetEasy,MLS#: S1816492
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Cooling
- Central Air
Appliances
- Included: Dishwasher, Washer/Dryer
- Laundry: Inside
Features
- Flooring: Hardwood
Interior area
- Total structure area: 1,145
- Total interior livable area: 1,145 sqft
Property
Accessibility
- Accessibility features: Wheelchair Access
Features
- Patio & porch: Other
- Exterior features: Garden
- Has view: Yes
- View description: Garden
Details
- Special conditions: Sponsor Unit
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Condition
- Year built: 2024
Community & HOA
Community
- Features: Doorman, Virtual Doorman
- Security: Doorman, Virtual Doorman
- Subdivision: Bushwick
HOA
- Has HOA: Yes
- Amenities included: Laundry, Elevator(s)
- Services included: Maintenance
- HOA fee: $715 monthly
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $610/sqft
- Annual tax amount: $13,404
- Date on market: 3/17/2026
Estimated market value
Not available
Estimated sales range
Not available
$4,648/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2026 | Contingent | $699,000$610/sqft |
Source: StreetEasy #S1816492 Report a problem | ||
| 3/18/2026 | Listed for sale | $699,000$610/sqft |
Source: StreetEasy #S1816492 Report a problem | ||
| 12/18/2025 | Listing removed | $699,000$610/sqft |
Source: StreetEasy #S1791449 Report a problem | ||
| 9/19/2025 | Listed for sale | $699,000$610/sqft |
Source: StreetEasy #S1791449 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Bushwick
Nearby schools
GreatSchools rating
- 6/10Ps 45 Horace E GreeneGrades: PK-8Distance: 0.1 mi
- NABushwick Community High SchoolGrades: 9-12Distance: 0.7 mi
- 4/10Evergreen Middle School-Urban ExplorationGrades: 6-8Distance: 0.3 mi
A local agent can set up tours, give advice and negotiate with sellers.





