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236 Schaefer Street

Brooklyn, NY 11207
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Bed 9

Bed

Bath 3

Bath

Acres0.05

Acre(Lot)

Excellent investment opportunity at 236 Schaefer Street in the highly sought-after Bushwick neighborhood! This well-maintained three-family property features three spacious 3-bedroom apartments plus a basement. The first-floor unit and basement are currently vacant, offering immediate flexibility for an owner-occupant or the opportunity to maximize rental income. The second and third-floor units each include 3 bedrooms and 1 full bathroom, with month-to-month tenants currently in place. The property is generating an estimated 3% cap rate, with the potential to approach 8% at market rents. Conveniently located near the Wilson Avenue and Halsey Street L train stations, the property offers easy access to Manhattan and other parts of Brooklyn. Residents can enjoy Bushwick’s thriving restaurant scene, local shops, supermarkets, parks, art galleries, and renowned street art. Whether you’re looking to expand your portfolio or offset your mortgage with rental income, this property offers outstanding value and significant upside potential.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,350,000

AD Id : 88967801

MLS Id : 1033450

Beds : 9

Lot Size : 0.05 Acre

Year Built : 1915

County : Kings (Brooklyn)

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Feature Features

  • Bedroom Information

    Total beds: 9

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Basement: Full, Unfinished
  • Flooring Information

    Hardwood
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Hot Water Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 1915 Building Area Total: 3600 Construction Materials: Aluminum Siding, Vinyl Siding Private Pool: No

  • Lot Information

    Lot Size Acres: 0.0459 Lot Size Square Feet: 2000

  • Listing Price Information

    Listing Price: $1350000

  • Tax Information

    Parcel Number: 03430-0020 Annual Tax: $3286.28

  • Parking Information

    On Street

  • School Information

    Elementary School: Ps/Is 45 Horace E Greene
    Junior High School: Evergreen Ms-Urban Exploration
    Senior High School: Bushwick Leaders High School For Academic Excelle
  • Utility Information

    Natural Gas Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Connected, Water Available, Water Connected
  • Location Information

    WaterSource: Public
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 08/17/2026 @ 02:02

MLS: 1033450 LISTED BY: Nicholas Charles, Global Xchange Realty, LLC 917-412-0047 SOURCE: OneKey MLS

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