Buy with Yoreevo
$690,530
List Price: $699,000
Share Listing
Save Listing
40 Schaefer Street #1B
Condo in Bushwick •  building info
Sponsor Unit • 1bd • 1.5ba • 1,145ft² $610 per ft²
Buy with Yoreevo

$690,530

List Price

$699,000

Key Details
Days on market
89
Last price change
loading...
Estimated payment
$5,705/mo
Taxes
$1,117/mo
Common charges
$715/mo
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 optionsthink media lounge, home gym, or workspaceand 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 boxesperfect 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.

Hide full description

Important Stuff
Elevator
Washer/Dryer in unit
Virtual Doorman
Home features
Central Air
Dishwasher
Hardwood floors
Private outdoor space

Private Garden

View

Garden

Building amenities
Services and facilities
Fios Available
Laundry in Building
Wheelchair Access
Shared outdoor space
Roof Deck
Building info

History
What it'll cost
Purchase price
$699,000
Asking Price: $699,000
Term
30 Years
Down Payment
$69,000 (10%)
Min: 10% (69,000)
Rate
6.25 %
Mortgage Amount
$629,100
Mortgage Payment
$3,873
Common Charges
$715
Taxes
$1,117
Estimated Yoreevo rebate
$8,470
Estimated closing cost
$23,000
Total monthly cost $5,705
Buy your dream home with us and get an estimated $8,470 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Compass

IDX information is provided exclusively for consumers' personal, noncommercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 REBNY listing service, Inc all rights reserved.

RLS IDX Data display by Yoreevo.