40 Schaefer St #2B, Brooklyn, NY 11207
Property image
Property image
FOR SALE

$499,000

Original price: $525,000
  • 1 Bed
  • 1 Bath
  • 625 sqft

40 Schaefer St #2B, Brooklyn, NY 11207

Bushwick
Est. Mortgage $3,437/mo*
Get Pre-Qualified
We estimate this home will sell faster than 90% nearby.

Home Highlights

Condo
Built in 2024
$798/sqft
HOA $429/mo

Local Information

  • Map ViewExplore the area around 40 Schaefer St #2B.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Contemporary vanityLarge bedroomCentral hvacBeautiful bathroomFloor-to-ceiling pella windowsFloor-to-ceiling tile
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.

*The common charges and taxes shown reflect a sponsor concession delivered at closing, equal to 50% of two years of common charges and taxes.
Contact this Building
Property Website
We estimate this home will sell faster than 90% nearby.
Last check for updates: about 13 hours ago
Listing by: Compass, (929) 613-3124
Kristina Kashari
Joshua Golan
Source: StreetEasy, MLS#S1848516

Home Details for 40 Schaefer St #2B

Active Status

MLS Status: Active

Interior Features

Interior Details
Number of Rooms: 3
Beds & Baths
Number of Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 625 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Washer/DryerDishwasherLaundry: Inside
Heating & Cooling
Has CoolingAir Conditioning: Central Air
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Hardwood
Levels, Entrance, & Accessibility
Floors: Hardwood
View
Has a ViewView: Garden

Exterior Features

Parking & Garage
No Garage

Days on Market

Days on Market: 6

Property Information

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

Price & Status

Price
List Price: $499,000Price Per Sqft: $798

Location

Direction & Address
City: BrooklynCommunity: Bushwick

Agent Information

Listing Agent
Listing ID: S1848516

Building

Building Area
Building Area: 625 Square Feet

HOA

HOA Fee Includes: MaintenanceHas an HOAHOA Fee: $429/Monthly

Listing Info

Special Conditions: Resale

Miscellaneous

Mls Number: S1848516Listing Url

Additional Information

HOA Amenities: Laundry,Roof Deck,Elevator(s)STREETEASY Property ID: 24206925STREETEASY Building ID: 138598

Around this home

Neighborhood Overview

Bushwick
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Bushwick

At least 1449 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

  • 60 % Say people would walk alone at night

  • 60 % Say kids play outside

  • 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.
  • Eliamacostaquezada70
    "It’s a good neighborhood"
    2
    Flag
  • 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. "
    1
    Flag
  • Stacy Grenia
    "Quiet, safe block with long time residents. Lots of families around here. The playgrounds are decent and the trains are close. "
    1
    Flag
  • Jeff.s.albert
    "Lots of music venues, great bars and restaurants, and everything is walkable. Lots of great street art to be seen. "
    2
    Flag
  • Filipegp
    "Live music, live music, nightlife, art shows, large scale ware house parties, good restaurants, house of yes, theater XIV, kids block parties"
    1
    Flag
  • Msexy0950
    "What make my neighborhood unique is that because is park there and play where play music game room arcades "
    3
    Flag
  • 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"
    3
    Flag
  • Trulia User
    "We have events in the parks during the summer and it brings everybody outside to have a good time. Great area"
    1
    Flag
  • Chance Wilson
    "Park go bubhuihhhhbbygtdecvjkjgfdrgnkkjvcdsfgiijhdfgjjnvcfghjioouhgggvbjkbpgogiudigoglibububjbivkvohohig"
    0
    Flag
  • 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 "
    0
    Flag
  • 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. "
    1
    Flag
  • 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. "
    2
    Flag
  • Oliviac
    "Not the best parks, loud streets & can be unsafe in some parts. Cheaper apartments but not the best quality of life "
    2
    Flag
  • Oliviacancelli
    "Good access to a few different train lines. 3 different options within a 20min walk. Quick to get to Manhattan "
    2
    Flag
  • Trulia User
    "well location is amazing área to live, no insecurity, supermarkets, commercial areas. jaskdldkdanans"
    0
    Flag
  • 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. "
    1
    Flag
  • 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."
    5
    Flag
  • Trulia User
    "I’m not a parent but you see many kids in the area and there are plenty of public and charter schools. "
    0
    Flag
  • 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
    Flag
  • Trulia User
    "You see people Walking there dog and people are friendly. There is a lot of people here .parking is excellent here to."
    0
    Flag
  • Trulia User
    "Great nightlife, lively atmosphere, great restaurants, loud at night in some areas. Great place for young ppl. "
    1
    Flag
  • 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 !"
    0
    Flag
  • 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..."
    5
    Flag
  • 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"
    0
    Flag
  • 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. "
    0
    Flag
  • 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"
    0
    Flag
  • 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
    Flag
  • Trulia User
    "block parties, events in herbert von king park, the food, sidewalk barbecue, culture, family friendly events, access to museums and libraries"
    0
    Flag
  • 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!"
    0
    Flag
  • 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"
    1
    Flag
  • 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."
    0
    Flag
  • Trulia User
    "Neighborhood is beyond dog-friendly— it’s dog-enthusiastic! there are dog water bowls seen frequently at businesses/restaurants."
    0
    Flag
  • 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"
    0
    Flag
  • 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. "
    0
    Flag
  • 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 "
    0
    Flag
  • Trulia User
    "The transportation is usually on time. very crowded on public transportation and personal vehicle's. "
    0
    Flag
  • Trulia User
    "Highland Park is big an gorgeous and is very well maintained. The neighborhood is okay people are generally respectful. "
    0
    Flag
  • Trulia User
    "Convenient. Nice neighborhood. Pricey but you get what you pay for. Convenience and everything else. "
    0
    Flag
  • Trulia User
    "Not safe to live, most look over your shoulder all the time. But the area is changing for the better"
    0
    Flag
  • 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
    Flag

Market trends in New York

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$818K
$21.67KMoM
Sale-to-List Price
98.1%
0.1%MoM
Price per sq ft
$704
$22MoM
Available listings
16526
1221MoM

Home Value

Trulia Estimate
$500K
Since last month
Increased$6K (+1.2%)
Since last year
Decreased$109K (-17.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -19% in the last 10 years
MonthEstimated value
2026
September 2026$500K
August 2026$493K
July 2026$496K
June 2026$546K
May 2026$550K
April 2026$608K
March 2026$600K
February 2026$589K
January 2026$595K
2025
2024

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1411 Bushwick Ave #3B, Brooklyn, NY
0.13
Condo
$665,000
03/03/26
1
1
630
1546 Broadway #5B, Brooklyn, NY
0.25
Condo
$580,000
04/02/26
1
1
612
696 Chauncey St #2B, Brooklyn, NY
0.21
Condo
$545,000
12/19/25
1
1
502
696 Chauncey St #3B, Brooklyn, NY
0.21
Condo
$565,000
12/01/25
1
1
502
696 Chauncey St #2A, Brooklyn, NY
0.21
Condo
$499,000
12/04/25
1
1
482
696 Chauncey St #3A, Brooklyn, NY
0.21
Condo
$515,000
05/18/26
1
1
482
1546 Broadway #6B, Brooklyn, NY
0.25
Condo
$445,000
05/26/26
1
1
503
140 Moffat St #4A, Brooklyn, NY
0.26
Condo
$470,000
02/12/26
1
1
487
140 Moffat St #4B, Brooklyn, NY
0.26
Condo
$749,000
07/13/26
2
1
636
220 Schaefer St #3B, Brooklyn, NY
0.45
Condo
$485,000
09/16/26
1
1
496

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
32 Schaefer St #GARDEN, Brooklyn, NY 11207
0.02
$995,000
2
1.5
1,473
For Sale
32 Schaefer St #1A, Brooklyn, NY 11207
0.02
$499,000
1
1.5
932
For Sale
40 Schaefer St #1B, Brooklyn, NY 11207
0.00
$750,000
1
2
936
For Sale
40 Schaefer St #1A, Brooklyn, NY 11207
0.00
$475,000
1
1
602
For Sale
1009 Decatur St #GARDEN, Brooklyn, NY 11207
0.02
$1,150,000
2
2.5
1,202
For Sale
1009 Decatur St #2B, Brooklyn, NY 11207
0.02
$695,000
2
1.5
792
For Sale
1009 Decatur St #PH5B, Brooklyn, NY 11207
0.02
$755,000
2
2
792
For Sale
30 Covert St, Brooklyn, NY 11207
0.05
$1,773,700
13
8
4,875
Off Market
1012 Decatur St, Brooklyn, NY 11207
0.04
$1,448,500
4
3.5
-
Off Market
1008 Decatur St #4A, Brooklyn, NY 11207
0.05
$565,000
1
1
655
For Sale
978 Decatur St, Brooklyn, NY 11207
0.07
$450,000
Studio
-
-
Recently Sold

Price and Tax history

DateEventPrice
Jul 28, 2026
Source: StreetEasy #S1826951
PriceChange
$499,000
Price decreased by 5%
Jul 10, 2026
Source: StreetEasy #S1826951
PriceChange
$525,000
Price decreased by 5%
May 7, 2026
Source: StreetEasy #S1826951
PriceChange
$550,000
Price decreased by 5%
Nov 25, 2024
Source: StreetEasy #S1738704
PriceChange
$579,000
Price decreased by 3%
Nov 6, 2024
Source: StreetEasy #S1738704
PriceChange
$599,000
Price decreased by 3%

LGBTQ Local Legal Protections

Kristina Kashari, Compass, (929) 613-3124

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Frequently asked questions about 40 Schaefer St #2B

  • What is the estimated monthly payment for 40 Schaefer St #2B?
    Based on a $499,000 list price with 20% down at today's rates, the estimated monthly payment for 40 Schaefer St #2B in Brooklyn, NY is approximately $3,034 (about $2,660 principal & interest, $299 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 40 Schaefer St #2B compare to homes in Brooklyn?
    40 Schaefer St #2B in Brooklyn, NY is listed at $499,000, about 39% below the $818K median sale price in Brooklyn.
  • What do residents say about the Bushwick neighborhood?
    Residents describe the Bushwick neighborhood in Brooklyn, NY as walkable to grocery stores, pedestrian-friendly, and dog-friendly. See homes for sale in Bushwick, Brooklyn.
  • What are the closest schools to 40 Schaefer St #2B?
    The closest schools to 40 Schaefer St #2B in Brooklyn, NY are Bushwick Community High School, Evergreen Middle School-Urban Exploration (rated 5/10), Ps 45 Horace E Greene (Pre-K/Elementary/Middle, rated 8/10).
  • Does 40 Schaefer St #2B have air conditioning?
    Yes, 40 Schaefer St #2B in Brooklyn, NY has air conditioning.
  • Does 40 Schaefer St #2B have laundry facilities?
    Yes, 40 Schaefer St #2B in Brooklyn, NY has laundry facilities.
40 Schaefer St #2B, Brooklyn, NY 11207 is a 1 bedroom, 1 bathroom, 625 sqft condo built in 2024. 40 Schaefer St #2B is located in Bushwick, Brooklyn. This property is currently available for sale and was listed by StreetEasy on Sep 17, 2026. The MLS # for this home is MLS# S1848516.