The listing facts are current enough for an initial property review.
40 Schaefer St Unit 2A
Listing Notes
Welcome to Unit 2A at 40 Schaefer Street, a stunning one-bedroom, one-bathroom residence in a brand-new boutique condominium development nestled between Brooklyn's popular neighborhoods Bedford-Stuyvesant and Bushwick. Unit 2A offers a sun-drenched interior featuring wide-plank hardwood floors, floor-to-ceiling Pella windows, and tall ceilings with recessed lighting. The spacious living and dining area seamlessly connects to an open gourmet kitchen, complete with sleek cabinetry, stainless steel appliances, and a waterfall peninsula with bar seating. The large bedroom includes a wide reach-in closet and ample space for a seating area or home office. The beautiful bathroom boasts floor-to-ceiling tile, a tub/shower with a glass door, and a contemporary vanity. An in-unit washer-dryer, a roomy coat closet, and central HVAC ensure comfort and convenience. 40 Schaefer Street is a new boutique condominium featuring a handsome brick faade that blends seamlessly with the surrounding streetscape. Residents enjoy just two units per floor, intercom entry, an elevator, a convenient garbage chute, and a common roof deck with spectacular Manhattan skyline views. Located on a tree-lined residential street where Bedford-Stuyvesant meets Bushwick, this exceptional building is surrounded by some of Brooklyn's best art, shopping, dining, and nightlife. Massive Highland Park and Ridgewood Reservoir are less than a mile away, offering gorgeous views, picnic areas, ball fields, and courts. Transportation from this vibrant neighborhood is effortless thanks to J/Z, L, and A/C trains, excellent bus service, and CitiBikes within easy reach.
Market Insights
$928/sqft vs a nearby median of $511/sqft.
- +82% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 624 sqft creates a usable price-per-square-foot read.
Pricing Read
Asking price is about 5.9% below the fair value — likely to draw competing offers if it's still on market.
- Transit access+$15k +2.5%
- Modern construction+$9k +1.5%
- Virtually staged−$6k −1.0%
Property Read
The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.
Price history is still limited; review again as more market activity becomes available.
Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.
Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 26 days
- Last price change
- No change recorded
- Listed
- Apr 16, 2026
- Photos
- 10 photos
- Property type
- condos
- Status
- for sale
Features & Amenities
Photos
Building Facts
- Year built
- 2024
- Stories
- 5
- Total units
- 10
- Residential units
- 10
- Building area
- 8,432 sqft
- Lot size
- 2,483 sqft
- Land use
- Multi-family elevator buildings
- Building class
- D1
From NYC public records where available.
Price History
Public Records
3 total recorded against the building
0 total recorded
Tax-lot deed, mortgage, and transfer records on file
Top: illegal parking
Top complaint types in ZIP 11207
- Illegal Parking6,429
- Noise - Residential4,943
- HEAT/HOT WATER4,218
- Blocked Driveway2,932
- UNSANITARY CONDITION2,219
Recent DOB
- Jan 9, 2019V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
- Aug 28, 2013V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
- Dec 15, 2010V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.