236 Schaefer ST, Brooklyn, NY 11207
236 Schaefer ST, Brooklyn, NY 11207
236 Schaefer ST, Brooklyn, NY 11207
236 Schaefer ST, Brooklyn, NY 11207
236 Schaefer ST, Brooklyn, NY 11207
236 Schaefer ST, Brooklyn, NY 11207
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HomeSmart Homes And Estates

HomeSmart Homes And Estates

+1(845) 629-3754
$ 1,350,000
Est. payment | /mo

9 Beds

3 Baths

1,999 Sqft Lot


Save
$ 1,350,000
Est. payment | /mo
Save

9 Beds

3 Baths

1,999 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Bushwick

MLS Listing ID 1033450

Bedrooms 9

Full Baths 3

Rental Info No

Year Built 1915

Annual Tax Amount $3,286

Lot Size 1,999 Sqft

Acres 0.0459

Property Sub-Type Triplex

Source onekey2

Property Description

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.

Location

State NY

County Kings (brooklyn)

Rooms

Basement Full, Unfinished

Interior

Interior Features First Floor Bedroom, First Floor Full Bath

Heating Baseboard, Hot Water

Cooling Wall/Window Unit(s)

Flooring Hardwood

Fireplace No

Exterior

Parking Features On Street

Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Trash Collection Public, Water Available, Water Connected

Garage false

Private Pool No

Building

Sewer Public Sewer

Water Public

Structure Type Aluminum Siding,Vinyl Siding

Schools

Elementary Schools Ps/Is 45 Horace E Greene

Middle Schools Evergreen Ms-Urban Exploration

High Schools Brooklyn 32

School District Brooklyn 32

Others

Senior Community No

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Global Xchange Realty, LLC • Nicholas R. Charles
HomeSmart Homes And Estates

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236 Schaefer ST