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$740,000
List Price: $750,000
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40 Schaefer Street #1B

Condo in Bushwick •  building info
Sponsor Unit • 1bd • 2ba • 936ft² $801 per ft²
Buy with Yoreevo

$740,000

List Price

$750,000

Key Details
Days on market
33
Last price change
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Estimated payment
$5,181/mo
Taxes
$558/mo
Common charges
$357/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. *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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Important Stuff
Elevator
Washer/Dryer in unit
Home features
Central Air
Dishwasher
Hardwood floors
Private outdoor space

Private Garden

View

Garden

Building amenities
Services and facilities
Fios Available
Shared outdoor space
Patio
Roof Deck
Building info

History
What it'll cost
Purchase price
$750,000
Asking Price: $750,000
Term
30 Years
Down Payment
$75,000 (10%)
Min: 10% (75,000)
Rate
6.5 %
Mortgage Amount
$675,000
Mortgage Payment
$4,266
Common Charges
$357
Taxes
$558
Estimated Yoreevo rebate
$10,000
Estimated closing cost
$25,000
Total monthly cost $5,181
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Listing Courtesy of Compass

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