40 Schaefer St #1B, Brooklyn, NY 11207
UNDER CONTRACT

40 Schaefer St #1B
Brooklyn, NY 11207

Bushwick
  • 1 Bed
  • 1.5 Baths
  • 1,145 sqft

$699,000

Est. Mortgage $4,641/mo*

$699,000

Est. Mortgage $4,641/mo*
1 Bed
1.5 Baths
1,145 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

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.
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Home Highlights

Parking
No Info
Outdoor
Yes
A/C
Has Cooling
HOA
$715/Monthly
Price/Sqft
$610
Listed
82 days ago
Last check for updates: about 2 hours ago
Listing by: Compass, (724) 470-8036
Alex Fincham
Joshua Golan
Source: StreetEasy, MLS#S1816492

Home Details for 40 Schaefer St #1B

Active Status

MLS Status: In Contract

Interior Features

Interior Details
Number of Rooms: 4
Beds & Baths
Number of Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1145 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Washer/DryerDishwasherLaundry: Inside
Heating & Cooling
Has CoolingAir Conditioning: Central Air
Windows, Doors, Floors & Walls
Flooring: Hardwood
Levels, Entrance, & Accessibility
Accessibility: Wheelchair AccessFloors: Hardwood
View
Has a ViewView: Garden
Security
Security: Doorman, Virtual Doorman

Exterior Features

Exterior Home Features
Patio / Porch: OtherExterior: GardenGarden

Days on Market

Days on Market: 82

Property Information

Year Built
Year Built: 2024
Property Type / Style
Property Type: ResidentialProperty Subtype: Condominium

Price & Status

Price
List Price: $699,000Price Per Sqft: $610

Location

Direction & Address
City: BrooklynCommunity: Bushwick

Agent Information

Listing Agent
Listing ID: S1816492

Building

Building Area
Building Area: 1145 Square Feet

Community

Community Features: Doorman, Virtual Doorman

HOA

HOA Fee Includes: MaintenanceHas an HOAHOA Fee: $715/Monthly

Listing Info

Special Conditions: Sponsor Unit

Miscellaneous

Mls Number: S1816492Zillow Contingency Status: Under ContractListing Url

Additional Information

DoormanHOA Amenities: Laundry,Elevator(s)STREETEASY Property ID: 24388843STREETEASY Building ID: 138598

Market trends in New York

Last updated April 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$773K
$2.33K
MoM
Sale-to-List Price
97.7%
0.0%
MoM
Price per sq ft
$635
$2
MoM
Available listings
18005
1104
MoM

Price History for 40 Schaefer St #1B

DatePriceEventSource
04/15/2026$699,000ContingentStreetEasy #S1816492
03/18/2026$699,000Listed For SaleStreetEasy #S1816492
12/18/2025$699,000ListingRemovedStreetEasy #S1791449
09/19/2025$699,000Listed For SaleStreetEasy #S1791449

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Comparable Sales for 40 Schaefer St #1B

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.13
Condo
$665,000
03/03/26
1
1
630
0.25
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$580,000
04/02/26
1
1
612
0.14
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$770,000
03/27/26
2
2
731
0.19
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$741,000
08/08/25
2
2
877
0.21
Condo
$565,000
12/01/25
1
1
502
0.21
Condo
$545,000
12/19/25
1
1
502
0.21
Condo
$499,000
12/04/25
1
1
482
0.21
Condo
$515,000
05/18/26
1
1
482
0.20
Condo
$700,000
03/16/26
2
2
802
0.26
Condo
$10
05/20/26
2
2
966

Nearby homes

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Assigned Schools

These are the assigned schools for 40 Schaefer St #1B.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Bushwick

At least 1447 Trulia users voted on each feature.
  • 90 % Say it's walkable to grocery stores

  • 90 % Say there are sidewalks

  • 87 % Say it's dog friendly

  • 85 % Say it's walkable to restaurants

  • 69 % Say streets are well-lit

  • 61 % Say kids play outside

  • 60 % Say people would walk alone at night

  • 58 % Say there's holiday spirit

  • 52 % Say neighbors are friendly

  • 49 % Say they plan to stay for at least 5 years

  • 45 % Say yards are well-kept

  • 43 % Say there are community events

  • 33 % Say parking is easy

  • 32 % Say it's quiet

  • 31 % Say car is needed

  • 30 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Steven Padilla
    "Plenty to do the city never sleeps. Subways and buses can get you just about anywhere. World class places to eat and museums. "
  • Stacy Grenia
    "Quiet, safe block with long time residents. Lots of families around here. The playgrounds are decent and the trains are close. "
  • Jeff.s.albert
    "Lots of music venues, great bars and restaurants, and everything is walkable. Lots of great street art to be seen. "
  • Filipegp
    "Live music, live music, nightlife, art shows, large scale ware house parties, good restaurants, house of yes, theater XIV, kids block parties"
  • Msexy0950
    "What make my neighborhood unique is that because is park there and play where play music game room arcades "
  • Cassie Grzymkowski
    "It’s a good community vibe. I’m friends with all the neighbors, people from all walks of life. I don’t feel unsafe"
  • Trulia User
    "We have events in the parks during the summer and it brings everybody outside to have a good time. Great area"
  • Chance Wilson
    "Park go bubhuihhhhbbygtdecvjkjgfdrgnkkjvcdsfgiijhdfgjjnvcfghjioouhgggvbjkbpgogiudigoglibububjbivkvohohig"
  • Oliviacancelli
    "I work from home so I don’t have a commute. If I go into the city I can do so pretty quickly on the L train "
  • Cathy
    "I wouldn’t own a dog here because space is limited for most people. That being said, there are plenty of parks to walk to. "
  • Naisha
    "The commute is quick to Manhattan. Neighbors look out for each other. In the 1970s there were fires that swept through bushwick and threatened to destroy the neighborhood. However neighbors got together and took care of each other. There are community centers and gardens that are open to ALL. "
  • Oliviac
    "Not the best parks, loud streets & can be unsafe in some parts. Cheaper apartments but not the best quality of life "
  • Oliviacancelli
    "Good access to a few different train lines. 3 different options within a 20min walk. Quick to get to Manhattan "
  • Trulia User
    "well location is amazing área to live, no insecurity, supermarkets, commercial areas. jaskdldkdanans"
  • 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. "
  • 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."
  • Trulia User
    "I’m not a parent but you see many kids in the area and there are plenty of public and charter schools. "
  • 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"
  • Trulia User
    "You see people Walking there dog and people are friendly. There is a lot of people here .parking is excellent here to."
  • Trulia User
    "Great nightlife, lively atmosphere, great restaurants, loud at night in some areas. Great place for young ppl. "
  • 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 !"
  • 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..."
  • 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"
  • 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. "
  • 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"
  • 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."
  • Trulia User
    "block parties, events in herbert von king park, the food, sidewalk barbecue, culture, family friendly events, access to museums and libraries"
  • 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!"
  • 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"
  • 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."
  • Trulia User
    "Neighborhood is beyond dog-friendly— it’s dog-enthusiastic! there are dog water bowls seen frequently at businesses/restaurants."
  • 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"
  • 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."
  • 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. "
  • 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 "
  • Trulia User
    "The transportation is usually on time. very crowded on public transportation and personal vehicle's. "
  • Trulia User
    "Highland Park is big an gorgeous and is very well maintained. The neighborhood is okay people are generally respectful. "
  • Trulia User
    "Convenient. Nice neighborhood. Pricey but you get what you pay for. Convenience and everything else. "
  • Trulia User
    "Not safe to live, most look over your shoulder all the time. But the area is changing for the better"
  • 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. "

LGBTQ Local Legal Protections

Alex Fincham, Compass, (724) 470-8036
40 Schaefer St #1B, Brooklyn, NY 11207 is a 1 bedroom, 2 bathroom, 1,145 sqft condo built in 2024. 40 Schaefer St #1B is located in Bushwick, Brooklyn. This property is currently available for sale and was listed by StreetEasy on Mar 18, 2026. The MLS # for this home is MLS# S1816492.