236 Schaefer Street,Brooklyn, NY 11207
Brooklyn, NY 11207
Description
Excellent investment opportunity at 236 Schaefer Street in the highly sought-after Bushwick neighborhood! This well-maintained three-family property features three spacious 3-bedroom apartments plus a basement. The first-floor unit and basement are currently vacant, offering immediate flexibility for an owner-occupant or the opportunity to maximize rental income. The second and third-floor units each include 3 bedrooms and 1 full bathroom, with month-to-month tenants currently in place. The property is generating an estimated 3% cap rate, with the potential to approach 8% at market rents.Conveniently located near the Wilson Avenue and Halsey Street L train stations, the property offers easy access to Manhattan and other parts of Brooklyn. Residents can enjoy Bushwick’s thriving restaurant scene, local shops, supermarkets, parks, art galleries, and renowned street art. Whether you’re looking to expand your portfolio or offset your mortgage with rental income, this property offers outstanding value and significant upside potential.
Details
| MLS # | 1033450 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1915 |
| Days On Site | 44 |
| Listing Provided By | Global Xchange Realty, LLC | Nicholas R. Charles |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 3,600 |
| Basement | Y |
| Units | 3 |
| Acreage | 0.05 |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Baseboard, Hot Water |
| Interior Features | First Floor Bedroom, First Floor Full Bath |
Exterior
| Construction Materials | Aluminum Siding, Vinyl Siding |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | On Street |
Utilities
| Utilities | Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Trash Collection Public, Water Available, Water Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 135300 |
| Tax Annual Amount | 3286.28 |
Area Information
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11207 |
| School District | Bushwick Leaders High School For |
| Elementary School | Ps/Is 45 Horace E Greene |
| High School | Bushwick Leaders High School For |
| Listing VS Median (in 11207) | |
Price: $1,350,000 low | high Med: $849,000 sqft: 3,600 low | high Med: 1,088 $ / sqft: $375 low | high Med: $780 On site: 44 low | high Med: 31 | |
Market Activity 11207
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Learn More About This Property
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11207 |
| School District | Bushwick Leaders High School For |
| Elementary School | Ps/Is 45 Horace E Greene |
| High School | Bushwick Leaders High School For |
| Listing VS Median (in 11207) | |
Price: $1,350,000 low | high Med: $849,000 sqft: 3,600 low | high Med: 1,088 $ / sqft: $375 low | high Med: $780 On site: 44 low | high Med: 31 | |
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