Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $640,000

· Closed August 22, 2023

245 Schaefer Street #2-D
Closed For Sale Condo

$640,000

$853 per sq ft

245 Schaefer Street #2-D

Bushwick, Brooklyn

MLS® #RLS10882941

RLS at REBNY

Listing by Compass

1

Bedroom

1.5

Baths

750

Sq. Ft.

2017

Year Built

Quick Summary

Bedrooms 1
Bathrooms 2 full, 1 half
Living Area 750 sq ft
Year Built 2017
Ownership Condo
HOA/Common Charges $379/mo
Property Taxes $6,732/yr
Neighborhood Bushwick
Floor 2 of 4

Property Highlights

  • Outdoor Space: Balcony
  • Climate Control: Other

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full, 1 Half
Floor 2 of 4
Cooling Other
Pets Yes
Cross Street Wilson Avenue/Knickerbocker Avenue
Year Built 2017
Living Area 750 sq ft
Block/Lot 3424/55

Listing History

Event Date Price Change
Listed Mar 8, 2023 $640,000 -
Price Reduced Aug 23, 2023 $665,000 +3.9%

Description

(Back on the Market!) 245 Schaefer St is an intimately constructed condominium in Bushwick, Brooklyn. The building features 10 luxurious units comprised of 5 floor-through apartments, each with its own private outdoor space. This pet friendly building also features roof access and a fitness center. Private storage units are available. This unit features beautiful finishes, 4 white oak hardwood floors and large light filled windows that create an elegant atmosphere in this boutique building. The unit also features 2 balconies, roof access, in-unit washer/dryer, 2 bathrooms, new appliances, high ceilings and gets great light! Pictures simply don't do justice to this amazing living space. Email or text me to schedule your private tour and see the magic for yourself.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Balcony Building Roof Deck Balcony

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $379/mo
RE Taxes $6,732/yr ($561/mo)
Sale Price $640,000
Previous Price $665,000

Bushwick has emerged as Brooklyn's premier creative frontier, known for its world-class street art, eclectic nightlife, and industrial-chic vibe. The neighborhood offers a wide range of housing options, from converted warehouse lofts that appeal to artists and professionals to traditional multi-family townhouses. Recent years have seen a surge in boutique new construction condominiums, making it a top destination for those seeking a dynamic and evolving urban environment.

Bushwick Live Market Data

View Neighborhood

Active Listings

127

Median Asking Price

$949K

Median $/Sqft

$930

Avg Days on Market

N/A

New This Week

7

Price Reduced

25%

Sold (30 Days)

2

Median Sale Price

$1.67M

Live data from RLS at REBNY • Updated 5/18/26, 1:11 AM EST

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Location

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245 Schaefer Street #2-D, Bushwick, Kings County • Near Wilson Avenue/Knickerbocker Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2017
Year Built
9 years old
4
Floors
10
Residential Units
R6
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $1,391,849
Land Value: $166,949
Exemptions: $10,846

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 3,750 SF
Building Area: 7,454 SF
Built FAR: 1.99
Allowed FAR: 2.43

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $379 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $6,732, or roughly $561 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom and 1 half bathroom.

The listed interior living area is 750 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2017, making it approximately 9 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pet policy requires confirmation with the listing broker.

At the current list price of $640,000 for 750 sq ft, the asking price per square foot is approximately $853. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10882941
First Listed: 3/8/2023
Price Changed: 8/23/2023
Closed: 8/22/2023
Contract Date: 1/15/2023

Listing Courtesy of Compass - William Davis

Listing Contact: (201) 921-5071

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 advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/18/2026 at 5:11 AM UTC

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