40 Schaefer Street 1A
Brooklyn, NY, 11207 $ 450,000
Bedrooms-- Baths1.1 Sq 602 Monthly Estimate*
$ 3,108
for $450,000 with 1 full bath, 1 half bath. This 602 square foot condo was built in 2024.
Introducing Unit 1A at 40 Ѕchаefеr Strееt — а truly one-of‐а‐kіnd duplеx residence at the intersection of Bedford-Stuyvesant and Bushwick. This remarkable studio, one-bathroom home spans 950 square feet across two levels, including 450 square feet on the main floor and 500 square feet of versatile recreation space below, ideal for entertaining, working, or relaxing in style. Step inside to find extra large 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 and custom cabinetry. Downstairs, the spacious recreation level offers flexible living options—think media lounge, home gym, or workspace—and includes a convenient powder room. Upstairs the living / bedroom space features a large closet and easy access to a beautifully tiled full bathroom with a modern vanity and glass-enclosed soaking tub. 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. *The common charges and taxes shown reflect a sponsor concession delivered at closing, equal to 50% of two years of common charges and taxes.
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List ByJOSHUA GOLANListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $3,108
- Monthly Property Taxes
- $547
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Average List Price $1,360,939
Percent of Sale Price 202%
About Brooklyn, NY 2,668,108 Population
8% Since 2002
$ 56,355 Median Income
36.99 Median Age
28% Households with Children
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Pricing History| Date | Price | Price Change | Description |
|---|
| 10/6/2026 | $450,000 | -5.26% | Price Down |
| 9/16/2026 | $475,000 | -4.81% | Price Down |
| 9/10/2026 | $499,000 | | Listed Price |