The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$490,000
220 Schaefer St Unit 2B
Brooklyn, NY, 11207
View more Brooklyn, NY property pages1Beds
1Baths
496Sqft
$988$/sqft
Listing Notes
Listing Outline - Unit 2B 220 Schaefer Street Condominium - Brooklyn, NY - Bedrooms: 1 - Bathrooms: 1 - Interior Size: Approx. 496 Sq. Ft. - Building Type: Boutique condominium (6 units) - Year Completed: 2026 - Transportation: Convenient access to the L train Welcome to 220 Schaefer Street, a boutique six-residence condominium quietly nestled on a tree-lined block in the heart of Bushwick. Completed in 2026, this thoughtfully designed building blends contemporary functionality with subtle, modern charm. Unit 2B offer a well-proportioned one-bedroom, one-bathroom layout spanning approximately 496 square feet. These residences are designed with intention, maximizing both comfort and efficiency. As you enter, you are greeted by a sense of balance and thoughtful design that immediately feels right. Large, charming windows allow natural light to pour throughout the home, enhancing the open layout and highlighting the clean architectural lines. Each home showcases a spacious living area, a comfortable bedroom. Ideally located near the L train, the property offers convenient access to transportation while maintaining a quiet residential setting.This condominium is eligible for Fannie Mae financing, offering buyers enhanced flexibility and accessibility in securing financing.
Market Insights
Above nearby median+100%
$988/sqft vs a nearby median of $495/sqft.
Nearby median$495/sqft
Nearby properties12
Property size496 sqft
- +100% 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 $490k+$238k (+48.6%)
Asking price is about 48.6% 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
- 26 days
- Last price change
- No change recorded
- Listed
- Apr 16, 2026
- Photos
- 11 photos
- Property type
- condos
- Status
- for sale
Features & Amenities
Central AirHardwood FloorsNew ConstructionEfficientOpen Concept Floor PlanOpen PlanDen
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
$490,000for 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.