The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$495,000
220 Schaefer St Unit 3B
Brooklyn, NY, 11207
View more Brooklyn, NY property pages1Beds
1Baths
496Sqft
$998$/sqft
Listing Notes
220 Schaefer Street Condominium - Brooklyn, NY - Unit Type: One-bedroom residence - Bedrooms: 1 - Bathrooms: 1 - Interior Size: Unit 3B: Approx. 496 Sq. Ft. - Outdoor Space: Private balcony - Building Type: Boutique condominium (6 units) - Year Completed: 2026 - Transportation: Convenient access to the L train Welcome to 220 Schaefer Street, a newly completed boutique condominium set on a quiet, tree-lined block in the heart of Bushwick. Completed in 2026, this six-residence building reflects a thoughtful blend of modern design and practical living. Unit 3B offers a bright and efficiently designed one-bedroom, one-bathroom layout, with an interior of 496 square feet. This unit is carefully planned to maximize space, light, and functionality. Upon entry, the residence opens into a well-balanced living area where large windows bring in natural light, enhancing the clean lines and open feel of the space. The bedroom is comfortably sized and designed with practical storage in mind. A standout feature of these units is the private balcony, offering a seamless indoor-outdoor connection-perfect for enjoying fresh air, morning coffee, or a quiet retreat. Additionally, it is close to the L train, providing both convenience and connectivity while maintaining a peaceful residential atmosphere. This Condo Unit is eligible for Fannie Mae financing, offering buyers enhanced flexibility and accessibility in securing financing.
Market Insights
Above nearby median+102%
$998/sqft vs a nearby median of $495/sqft.
Nearby median$495/sqft
Nearby properties12
Property size496 sqft
- +102% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 496 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$252k$229k – $275k · 50% confidence
vs ask $495k+$243k (+49.1%)
Asking price is about 49.1% above where comps + adjustments land — there is room to negotiate.
$495/sqft median across 12 tight comps × 496 sqft= $245k
- Transit access+$6k +2.5%
- Modern construction+$4k +1.5%
- Virtually staged−$2k −1.0%
Cumulative NYC adjustments+$7k+3.0%
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.
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Listing Details
- Days on market
- 22 days
- Last price change
- No change recorded
- Listed
- Apr 20, 2026
- Photos
- 11 photos
- Property type
- condos
- Status
- for sale
Features & Amenities
Central AirHardwood FloorsNew ConstructionEfficientBalconyDen
Photos
Building Facts
- Year built
- 2026
- Stories
- 2
- Total units
- 2
- Residential units
- 2
- Building area
- 2,200 sqft
- Lot size
- 2,000 sqft
- Land use
- One and two family buildings
- Building class
- B1
From NYC public records where available.
Price History
May 4, 2026Initial record
$495,000for sale
Public Records
DOB violations0 open
0 total recorded against the building
HPD violations4 open
47 total recorded
ACRIS documents9
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)45,600
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 HPD
- May 5, 2026Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Nov 18, 2025Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
- Jun 10, 2025Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Apr 11, 2024Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
Recent Transfers (ACRIS)
- Feb 12, 2021DEED$700,000
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.