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40 Schaefer St
Brooklyn, NY 11207 Bushwick

$5,500,000 USD

Apartments For Sale  •  10,045 SF

Property Details

  • Property Type Apartments
  • Total Building Size 10,045 SF
  • Lot Size 0.06 AC
  • Building Class B
  • Year Built 2025
  • Cap Rate 5.64 %
  • Zoning R6
100 Transit Score
93 Walk Score

Highlights

Built 2025
10 units newly renovated
Approved condo book / offering plan
Between two of Brooklyn's most popular neighborhoods — Bedford-Stuyvesant and Bushwick.
Elevator building
Roof Terrace with Manhattan skyline views

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $320,724 USD (2025)
Cap Rate: 5.64 %
Total Expenses: $81,276 USD

Amenities

  • Air Conditioning
  • Dishwasher
  • Fenced Lot
  • Microwave
  • Washer/Dryer
  • Heating
  • Disposal Chutes
  • Wi-Fi
  • Eat-in Kitchen
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Stainless Steel Appliances
  • Tub/Shower
  • Views
  • Yard
  • Elevator
  • Double Pane Windows
  • Intercom
  • Island Kitchen
  • Lawn
  • Public Transportation
  • Large Bedrooms
  • Private Bathroom
  • Smoke Detector
  • Floor to Ceiling Windows

Public Transportation

Commuter RailDriveWalkDistance
East New York Station (Far Rockaway Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 2 min 18 min 1.0 mi
Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 7 min - 2.3 mi
Transit/SubwayDriveWalkDistance
Chauncey Street (J - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway)) 0 min 4 min 0.3 mi
Halsey Street (J Line) (J - New York MTA Subway (The Subway)) 0 min 6 min 0.3 mi
Bushwick Avenue-Aberdeen Street (L - New York MTA Subway (The Subway)) 2 min 8 min 0.5 mi
Rockaway Avenue (A,C Line) (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway)) 1 min 12 min 0.6 mi
Wilson Avenue (L - New York MTA Subway (The Subway)) 3 min 12 min 0.7 mi
AirportDriveWalkDistance
LaGuardia 19 min - 8.3 mi
John F Kennedy International 18 min - 9.5 mi
Newark Liberty International 33 min - 17.5 mi
Joshua Golan 718-415-4410 The Golan Team
Joshua Golan 718-415-4410 The Golan Team