Welcome to Unit 2B at 40 Schaefer Street, a stunning one-bedroom, one-bathroom residence in a brand-new boutique condominium development nestled between Brooklyn's popular neighborhoods — Bedford-Stuyvesant and Bushwick.
Unit 2B offers a sun-drenched interior featuring wide-plank hardwood floors, floor-to-ceiling Pella windows, and tall ceilings with recessed lighting. The spacious living and dining area seamlessly connects to an open gourmet kitchen, complete with sleek cabinetry, stainless steel appliances, and a waterfall peninsula with bar seating. The large bedroom includes a wide reach-in closet and ample space for a seating area or home office. The beautiful bathroom boasts floor-to-ceiling tile, a tub/shower with a glass door, and a contemporary vanity. An in-unit washer-dryer, a roomy coat closet, and central HVAC ensure comfort and convenience.
40 Schaefer Street is a new boutique condominium featuring a handsome brick façade that blends seamlessly with the surrounding streetscape. Residents enjoy just two units per floor, intercom entry, an elevator, a convenient garbage chute, and a common roof deck with spectacular Manhattan skyline views.
Located on a tree-lined residential street where Bedford-Stuyvesant meets Bushwick, this exceptional building is surrounded by some of Brooklyn's best art, shopping, dining, and nightlife. Massive Highland Park and Ridgewood Reservoir are less than a mile away, offering gorgeous views, picnic areas, ball fields, and courts. Transportation from this vibrant neighborhood is effortless thanks to J/Z, L, and A/C trains, excellent bus service, and CitiBikes within easy reach.
Active
Price cut: $29K (5/7)
$550,000
40 Schaefer St #2B, Brooklyn, NY 11207
1beds
624sqft
Condominium
Built in 2024
-- sqft lot
$549,500 Zestimate®
$881/sqft
$429/mo HOA
What's special
Contemporary vanityLarge bedroomCentral hvacBeautiful bathroomFloor-to-ceiling pella windowsFloor-to-ceiling tileIn-unit washer-dryer
- 58 days |
- 152 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Compass 718-454-5400,
Joshua Golan,
Joshua Golan
Source: StreetEasy,MLS#: S1826951
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Cooling
- Central Air
Appliances
- Included: Dishwasher, Washer/Dryer
- Laundry: Inside
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 624
- Total interior livable area: 624 sqft
Property
Details
- Special conditions: Resale
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Condition
- Year built: 2024
Community & HOA
Community
- Subdivision: Bushwick
HOA
- Has HOA: Yes
- Amenities included: Laundry, Roof Deck, Elevator(s)
- Services included: Maintenance
- HOA fee: $429 monthly
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $881/sqft
- Annual tax amount: $8,040
- Date on market: 5/7/2026
Estimated market value
$549,500
$522,000 - $577,000
$3,256/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2026 | Price change | $550,000-5%$881/sqft |
Source: StreetEasy #S1826951 Report a problem | ||
| 11/25/2024 | Price change | $579,000-3.3%$928/sqft |
Source: StreetEasy #S1738704 Report a problem | ||
| 11/6/2024 | Price change | $599,000-3.2%$960/sqft |
Source: StreetEasy #S1738704 Report a problem | ||
| 10/9/2024 | Listed for sale | $619,000$992/sqft |
Source: StreetEasy #1738704 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.





