Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $740,000

· Closed December 14, 2021

245 SCHAEFER Street #4B
Closed For Sale Condo

$740,000

$812 per sq ft

245 SCHAEFER Street #4B

Bushwick, Brooklyn

MLS® #RLS10901395

RLS at REBNY

Listing by Sotheby's International Realty, Inc.

2

Bedrooms

2

Baths

911

Sq. Ft.

2018

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 911 sq ft
Lot Size 3,750 sq ft
Year Built 2018
Ownership Condo
HOA/Common Charges $416/mo
Property Taxes $5,832/yr
Neighborhood Bushwick
Floor 2 of 4

Property Highlights

  • Views: City
  • Exposure: West facing
  • Outdoor Space: Balcony

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Floor 2 of 4
View City
Exposure West
Pets Yes
Year Built 2018
Living Area 911 sq ft
Lot Size 3,750 sq ft
Parcel # 03424-1009

Listing History

Event Date Price Change
Listed Apr 8, 2021 $800,000 -
Price Reduced Dec 14, 2021 $775,000 -3.1%
Currently May 18, 2026 $740,000 -4.5%

Description

Welcome to apartment 4B at 245 Schaefer Street- a lovely and sunny two bedroom, two bathroom duplex apartment in a boutique condominium building in the heart of Bushwick. This home offers wonderful space for privacy, entertaining, and “work from home needs.” Through the foyer you are invited into the large, light-filled living room with plenty of room for ample seating and a media center. The glass sliding doors provide extra light and access to the balcony. The sleek and modern kitchen is perfect for cooking and entertaining as it provides generous storage, a full-size appliance package and a wide kitchen counter with barstools which is perfect for casual, bar-like dining. The primary bedroom suite is located on the second floor. It offers a large, custom-made closet to optimize storage space. It is en-suite and the full bath has been done with sophisticated finishes. Also on the second floor is access to the private roof deck which has dazzling views of the Manhattan skyline. Additionally, the second bedroom is located on the first floor, adjacent to the living room. There is a beautiful second full bath in the hall, and a front closet for extra storage. There is also a private gym in the building with a Peloton bike and Peloton membership for full access to classes. There is also private storage in the building, and a common roof deck. 245 Schaefer is on a tree-lined street conveniently located two blocks from the Willson and Halsey L stops. It is also moments away from renowned breweries Evil Twin, Queen Brewery, and the indoor and outdoor club Nowadays.

Features & Amenities

Interior Features

Entrance Foyer Eat In Kitchen

Exterior Features

Balcony Building Roof Deck Balcony

Appliances

Dryer Washer Dryer Allowed Washer

Building Information

Financial Details

Common Charges $416/mo
RE Taxes $5,832/yr ($486/mo)
Original Price $800,000
Sale Price $740,000
Previous Price $775,000

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

129

Median Asking Price

$949K

Median $/Sqft

$934

Avg Days on Market

N/A

New This Week

9

Price Reduced

26%

Sold (30 Days)

3

Median Sale Price

$1.35M

Live data from RLS at REBNY • Updated 5/18/26, 12:40 PM EST

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Location

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245 SCHAEFER Street #4B, Bushwick, Kings County

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 $416 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $5,832, or roughly $486 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 911 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2018, making it approximately 8 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.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $740,000 for 911 sq ft, the asking price per square foot is approximately $812. 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: RLS10901395
First Listed: 4/8/2021
Price Changed: 12/14/2021
Closed: 12/14/2021
Contract Date: 4/8/2021

Listing Courtesy of Sotheby's International Realty, Inc. - Joshua Judge

Listing Contact: (212) 431-2476

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 4:40 PM UTC

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