$699,000

40 Schaefer St Unit 1R New York City, NY 11207

$8,301
Closing credit¹
1 bed
1 full, 1 partial
1,145 sqft
$610 / sqft
Condo

Property details

About 40 Schaefer St Unit 1R

Introducing Unit 1R 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 options—think media lounge, home gym, or workspace—and 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 boxes—perfect 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.

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size1,145 sqft
Year built2024
MLS #RLS20017364

Summary

  • MLS Number: RLS20017364
  • MLS Name: RLS
  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Alex Fincham
  • Agent Phone: (724) 470-8036

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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/23/2025, 8:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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living area with light wood-style floors

$699,000

40 Schaefer St Unit 1R

$8,301

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

5

P.S./I.S. 045 Horace E. Greene

Public District KG-5

0.1 mi

84 Schaefer St

8

Brooklyn Landmark Elementary School

Public District PK-5

0.3 mi

251 MacDougal St

6

PS/Intermediate School 137 Rachael Jean Mitchell

Public District PK-5

0.3 mi

121 Saratoga Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $17,109. The majority of New York City, NY residents have income less than $<35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

78%
<35k
11%
35k-100k
10%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

45%
Single, No Kids
21%
Single, with Kids
13%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
10%
12-17 yrs old
35%
18-34 yrs old
38%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • PopeyesPopeyes

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 40 Schaefer St Unit 1R

This home is located at 40 Schaefer St Unit 1R in New York City, NY and zip code 11207 in the Bushwick neighborhood. This 1,145 square foot home was built in 2024. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since April 19, 2025 and is currently priced at $699,000.

Over 180 listings were sold over their listed price in March 2025 in New York City, NY. In the same period over 693 listings were sold below the listed price and 763 listings were sold for the listed price. Between February and March 2025, New York City, NY real estate market has seen increase in the number of listings by 5.1%. The median list price of listings available in March 2025 was $869,492, while the average time on the real estate market was 143 days.

From Rocket Homes Real Estate and based on county public records data.

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