40 Schaefer Street, Unit 1B

Listed By CompassNew Construction
Listed By CompassNew Construction
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Active
$725,000
Est: $5,608/moGet pre-approved
1 bed936 sqft

40 Schaefer Street, Unit 1B, Bushwick, Brooklyn, NY 11207

Building Info: 40 Schaefer St, 5 stories, Built 2018

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...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 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.

*The common charges and taxes shown reflect a sponsor concession delivered at closing, equal to 50% of two years of common charges and taxes.
CondoProperty Type
2018Year Built
$775/sq ftPrice per sq ft
$357/moCommon Charges
Pets welcomePet policy
2.5% CompensationBuyer's Agent
Last updated: 11/03/2026 11:58 AM
60 days on Market

Amenities

40 Schaefer Street, Unit 1B

  • Private Patio
  • Private Yard
  • Common Roof Deck
  • Hardwood Floors
  • Floor to Ceiling Windows
  • Oversized Windows
  • Elevator
  • Washer / Dryer in Unit

Location

Listing Courtesy of: Joshua Golan (Listing Agent, Compass), Kristina Kashari (Alternative Listing Agent, Compass), Thomas Walker (Alternative Listing Agent, Compass), Adam Sadel (Alternative Listing Agent, Compass), The Golan Team (Alternative Listing Agent, Compass).

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$5,608 per month

Principal and Interest

$4,693

Property Taxes

$558

Maintenance/Common Charges

$357

The Payment Calculator is for illustrative purposes only.
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Property information

40 Schaefer Street, Unit 1B

Property Details

  • Taxes: $558 / month
  • Min. Down Pymt: 3%
  • Total Rooms: 4.0
  • County: Kings County
  • Buyer's Agent Compensation: 2.5%

Building Information

  • Building/Complex: 40 Schaefer St
  • Floor: 1
  • Stories: 5
  • Residences: 10
  • Pet Policy: Allowed
  • Year Built: 2018
  • Building Age: New Development

Property History

40 Schaefer Street, Unit 1B

DateEventPrice
Oct 6, 2026

Price Change

Manual

$725,000
Sep 11, 2026

Listed (Active)

Manual

$750,000
Sep 11, 2026

Listed (Active)

Manual

$750,000
DateEventPrice
10/06/2026

Price Change

Manual

$725,000
09/11/2026

Listed (Active)

Manual

$750,000
09/11/2026

Listed (Active)

Manual

$750,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools

Near 40 Schaefer Street, Unit 1B

This home is within New York City Geographic District #32.

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 40 Schaefer Street, Unit 1B, Bushwick

40 Schaefer Street, Unit 1B is a condo for sale in Bushwick. This property was listed for sale on September 11, 2026 by Compass, it's currently listed at $725,000. This listing's school district is New York City Geographic District #32. Nearby schools include P.S. 45 Horace E Greene, Bushwick Community High School and Evergreen Middle School-Urban Exploration. 40 Schaefer Street, Unit 1B is a 1-bed, 2-bath, 936 sqft condo built in 2018.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2026, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the 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. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2026 The Real Estate Board of New York, Inc., All rights reserved.