268 Schaefer St, Brooklyn, NY 11237
FOR SALE

268 Schaefer St
Brooklyn, NY 11237

Bushwick
  • 6 Beds
  • 8 Baths
  • 4,624 sqft
  • 6 Beds
  • 8 Baths
  • 4,624 sqft

$2,860,000

Est. Mortgage $16,516/mo*
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Local Information

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Description

We are pleased to present a unique investment opportunity at 268 Schaefer Street, located in the vibrant heart of Bushwick, Brooklyn. This offering combines the appeal of a thoroughly modern living experience with the savvy investment potential of a fully free market multifamily asset.
This meticulously converted building, evolving from a three-family residence to a six-unit multifamily, showcases a comprehensive gut renovation. Spanning a generous 4,624 gross square feet, which includes a partially below-grade lower-level duplex space, the property embodies contemporary urban living. Each of the ground floor units boasts duplex configurations complemented by 1.5 baths, offering spacious and versatile living solutions.
Investors will appreciate the building's turnkey status, highlighted by significant upgrades including a new roof, windows, a high-security camera system, and a virtual doorman, ensuring peace of mind and an elevated living standard. The bespoke attention to detail extends to the utilities, with each unit benefiting from an individual boiler and separate electric metering, optimizing operational efficiencies and tenant satisfaction.
For residents, the location offers unparalleled convenience and connectivity. Situated just four blocks from the Wilson Avenue Subway Station, access to the L train places the entirety of New York City within easy reach. The recent renovation of the building's garage adds another layer of value, catering to the modern urbanite's needs.
Whether you are a discerning investor seeking a robust addition to your portfolio or a prospective tenant in search of your next Brooklyn home, 268 Schaefer Street represents a rare convergence of style, comfort, and investment potential. Embrace the future of Bushwick living and investing with this standout property.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Cooling only
HOA
None
Price/Sqft
$619
Listed
41 days ago
Listing by: Invictus Property Advisors LLC, (212) 596-7570

Home Details for 268 Schaefer St

Days on Market

Days on Market: 41 Days on Trulia

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: Multi Family

Interior Features

Appliances & Utilities
Dishwasher
Heating & Cooling
Air ConditioningCooling System: Central Air

Price & Status

Price
Price Per Sqft: $619

Community

Units in Building: 3

Price History for 268 Schaefer St

DatePriceEventSource
03/19/2024$2,860,000Listed For SaleStreetEasy
05/01/2023$1,440,000Sold
OneKey® MLS #3425729
11/22/2022$1,499,999PendingStreetEasy
08/24/2022$1,499,999Listed For SaleOneKey® MLS #3425729

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Property Taxes and Assessment

Year2023
Tax
Assessment$1,714,000
Home facts updated by county records

Comparable Sales for 268 Schaefer St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
268 Eldert St, Brooklyn, NY
0.13
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$1,975,000
02/01/24
6
5
3,626
242 Eldert St, Brooklyn, NY
0.17
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$950,000
10/27/23
5
5
3,047
1275 Hancock St, Brooklyn, NY
0.29
Multi-Family Home
$1,665,000
11/20/23
5
5
3,000
251 Weirfield St, Brooklyn, NY
0.26
Multi-Family Home
$2,100,000
09/25/23
5
4
3,600
1241 Hancock St, Brooklyn, NY
0.31
Multi-Family Home
$1,225,000
12/11/23
10
6
3,000
1215 Jefferson Ave, Brooklyn, NY
0.45
Multi-Family Home
$1,570,000
10/06/23
8
5
3,800
1432 Hancock St, Brooklyn, NY
0.31
Multi-Family Home
$1,300,000
12/07/23
5
3
3,300

Neighborhood Overview

Bushwick
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Neighborhood stats provided by third party data sources.

What Locals Say about Bushwick

  • Trulia User
    "well location is amazing área to live, no insecurity, supermarkets, commercial areas. jaskdldkdanans"
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  • Trulia User
    "My neighborhood is like any neighborhood. It can be a hit or miss depending on the area you are located. Most of it is populated by hispanics and slowly being gentrified some love the change while others are still stuck on the past. "
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  • Trulia User
    "I've been living here for 4 years and for the most part everything you need is nearby with multiple options to choose from."
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  • Trulia User
    "I’m not a parent but you see many kids in the area and there are plenty of public and charter schools. "
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  • Trulia User
    "good place to live if you love to be close to restaurants and transportation. dont live here if you dont like loud music"
    1
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  • Trulia User
    "You see people Walking there dog and people are friendly. There is a lot of people here .parking is excellent here to."
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  • Trulia User
    "Great nightlife, lively atmosphere, great restaurants, loud at night in some areas. Great place for young ppl. "
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  • Trulia User
    "It’s very trendy and close to the city. It’s also a haven for social media posters. You have so many amazing places to snap pics of !"
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  • Trulia User
    "The Wide Variety Of Ethnic Groups, The Different Food They Bring To The Neighborhood, The Different Musical Backgrounds, And Just Literally How The People Are Just Soo Happy To Be Here..."
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  • Trulia User
    "Community parties, art shows, unique stores and a eclectic array of delicious food! You can shop, go to any park and relax, get a drink or just watch all the different walk by"
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  • Trulia User
    "It is diverse, walkable, safe and easily accessible to all points throughout New York City. There is a lot of investment in the area bringing in new restaurants and attractions. Also great parks. "
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  • Trulia User
    "A lot of children and parks. Plenty of schools around the area. Very diverse neighborhood. It can be loud, but it’s nice"
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  • Trulia User
    "Pets are welcome in Bushwick. but owners don't always clean after their dogs. There's parks only for dogs in the neighborhood wich is a plus for dog lovers."
    1
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  • Trulia User
    "block parties, events in herbert von king park, the food, sidewalk barbecue, culture, family friendly events, access to museums and libraries"
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  • Trulia User
    "great, dog-friendly area! high amounts of car, bike and pedestrian traffic so could be hard for dogs who get overwhelmed easily. otherwise great!"
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  • Trulia User
    "it's a good neighborhood the commute is great the j train and m train lots of bus route is good the is fast"
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  • Trulia User
    "Not enough dog parks. Only Maria Hernandez has a designated dog park. Which is not the easiest to get to. All the others are not dog friendly."
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  • Trulia User
    "Neighborhood is beyond dog-friendly— it’s dog-enthusiastic! there are dog water bowls seen frequently at businesses/restaurants."
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  • Trulia User
    "Everything is right there! The A&C line, the 25, 26, and the 60 bus. Even the Lirr, they got it all there"
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  • Trulia User
    "It has a lot to offer, but still needs improvements of sidewalks and clean streets. Neighbors aren’t too chatty or care to get to know each other."
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  • Trulia User
    "I am not a dog owner so I wouldn’t know, I know one thing most dog owners don’t clean after their dog and it’s Disgusting. "
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  • Trulia User
    "The neighborhood has changed, gentrification has taken over. Still this is bedstuy, don't let the sights fool you. Be aware but enjoy "
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  • Trulia User
    "There are the occasion festival or activity at the Maria Hernandez park. They have a farmer’s market every weekend. "
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  • Trulia User
    "I love this place it is very safe and urban I love the urban places. 80 % of People are very polite. "
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  • Trulia User
    "The amount of camaraderie in bedstuy really makes feel welcomed every time I am there. There are parks to connect with teacher and great restaurants for cozy nights at home. Overall, I can’t help but love bedstuy. "
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  • Trulia User
    "The transportation is usually on time. very crowded on public transportation and personal vehicle's. "
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  • Trulia User
    "Highland Park is big an gorgeous and is very well maintained. The neighborhood is okay people are generally respectful. "
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  • Trulia User
    "Convenient. Nice neighborhood. Pricey but you get what you pay for. Convenience and everything else. "
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  • Trulia User
    "I have lived here for 2 years almost and it’s very loud, not kid friendly and dirty. I think if people don’t have kids is good for them,"
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  • Trulia User
    "Not safe to live, most look over your shoulder all the time. But the area is changing for the better"
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  • Trulia User
    "Trains are usually packed at rush hour so plan ahead. You should plan for train delays and packed trains. Avoid taxis at rush hour. "
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  • Trulia User
    "Its a 15 min walk, then a 30 min train ride. I don’t need to transfer so thats a big plus & there are subway seats available since COVID hit which is amazing."
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  • Hanah B.
    "Very quiet neighborhood for families to stay in and raise you get children. Pretty large amount of foot traffic. "
    8
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  • Chelsea.c.childress
    "The public transportation is great, being close to the J and multiple bus stops. Both are as pleasant of rides as one can ask for in New York. "
    1
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  • Joakema J. H. M.
    "The area has changed a lot. New restaurants and bars. It may not be good to raise a family but, it is good for a younger generation. Very pet friendly. Difficult to park. "
    3
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  • Lauren K.
    "It’s a fun area with lots of shops and restaurants. Some crime, but an exciting place to live. Lots of art!"
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  • Ms.mestzo1128
    "Picking up after there dog Living pop on the ground Dogs off the leash Owner like friendly dogs "
    1
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  • Perrine P.
    "Bushwick collective is held on Troutman ave every year at the beginning of summer. You get to witness a wide variety of artist create graffiti/wall art!"
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  • Pippa D.
    "They always have parties at the community centers, and there’s always churches and places serving food for the more simple people which is like nothing I’ve seen in my life before, I’m from Brazil and we do not see that there with the extend that it is here, they have better foods than I can afford and that just melts my heart, I love Bushwick!"
    2
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  • Ghael2306
    "It is a very safe and familiar neighborhood, it also has commercial stores, definitely a central location"
    16
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LGBTQ Local Legal Protections

Andrew Levine - Licensed Real Estate Broker, Invictus Property Advisors LLC
268 Schaefer St, Brooklyn, NY 11237 is a 6 bedroom, 8 bathroom, 4,624 sqft multi-family built in 1920. 268 Schaefer St is located in Bushwick, Brooklyn. This property is currently available for sale and was listed by StreetEasy on Mar 19, 2024.