--- title: "245 Schaefer Street #2A, New York City, NY 11207" description: "245 Schaefer Street #2A, New York City, NY 11207 — Bushwick, New York City, NY. Listing Price $599,000. 1 bed, 1 bath, 599 sqft Illustrative Buyer Commission Share of $8,985 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11207/245-schaefer-street-2a-ny-11207" source: "Real Estate Rebate Team" dateModified: "2026-09-27T06:14:58.309Z" status: "Active" --- # 245 Schaefer Street #2A, New York City, NY 11207 Bushwick, New York City, NY Courtesy of Compass Last updated: September 27, 2026, 2:14 AM ## At a Glance - **Listing Price**: $599,000 - **Beds**: 1 - **Baths**: 1 - **Sqft**: 599 - **Common Charges**: $409 / mo - **Monthly Taxes**: $494 / mo - **Price per Sqft**: $1,000 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $599,000 - **Illustrative Buyer Commission Share**: -$8,985* - **Illustrative Net Cost**: $590,015 *Illustrative Buyer Savings of $8,985 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (9) ![245 Schaefer Street #2A, New York City, NY 11207 — photo 1 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ff06333e-9bcd-4d21-815e-7a10b92227b8.jpg) ![245 Schaefer Street #2A, New York City, NY 11207 — photo 2 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b155ffee-b0c6-4b75-b7fd-16c3e15bd667.jpg) ![245 Schaefer Street #2A, New York City, NY 11207 — photo 3 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7f633540-86c4-4e3c-971e-8a10311f1c61.jpg) ![245 Schaefer Street #2A, New York City, NY 11207 — photo 4 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1d008312-d0b3-44fe-b089-3a35ffc46d33.jpg) ![245 Schaefer Street #2A, New York City, NY 11207 — photo 5 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/637e87c8-6e41-4281-af5a-f30b2a2ad5df.jpg) ![245 Schaefer Street #2A, New York City, NY 11207 — photo 6 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e4d3ce4a-c2b9-4fb8-9bbd-bf8900558291.jpg) ![245 Schaefer Street #2A, New York City, NY 11207 — photo 7 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b0a3e5d4-cee8-41fa-aec4-7be8f5ac852a.jpg) ![245 Schaefer Street #2A, New York City, NY 11207 — photo 8 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f1e22fef-6acf-4f34-8750-89cf73767fc7.jpg) ![245 Schaefer Street #2A, New York City, NY 11207 — photo 9 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3a79696f-1581-488e-bda3-5b93f8a13317.jpg) ## Property Overview Welcome to this charming 1-bedroom, 1-bathroom condo located at 245 Schaefer St, a quiet block in Bushwick. This low-rise building offers a cozy retreat in the heart of the city, spanning 599 square feet with a total of 3 rooms. As you step inside, you'll be greeted by the warmth of hardwood floors that flow throughout the space. The open layout seamlessly connects the living and dining areas, creating a perfect setting for entertaining or relaxation. The unit features a Juliet balcony, providing a delightful spot to enjoy the Brooklyn's energy. In addition to the private outdoor space, residents can take advantage of the common outdoor space and a stunning roof deck, perfect for soaking in the panoramic views of the city skyline. The modern kitchen is equipped with stainless steel appliances and ample cabinet space. The bedroom offers a comfortable retreat, and the bathroom features sleek fixtures and finishes. This condo also offers the convenience of in-unit washer/dryer, video intercom for security, and private storage. The building amenities include a gym, common roof deck, and a storage unit (included in the price), ensuring that residents have everything they need for a comfortable lifestyle. With its prime location and desirable features, this condo at 245 Schaefer St presents an incredible opportunity to experience the best of city living. Don't miss the chance to make this urban oasis your own! ## Property Details - **Property Type**: Condominium - **Beds**: 1 - **Baths**: 1 - **Rooms**: 3 - **Sqft**: 599 sqft - **Stories**: 4 - **Year Built**: 2018 - **Price per Sqft**: $1,000 - **Common Charges**: $409 / Monthly - **Monthly Taxes**: $494 / mo - **Listed On**: Sep 8, 2026 - **Days on Market**: 22 Days ### Residence Features - Wall Unit(s) - Wall Furnace - Washer Hookup - In Unit - See Remarks - Balcony - Building Roof Deck - Juliet Balcony - Private Outdoor Space Over 60 Sqft - Dryer - Dishwasher - Washer - Hardwood ## Estimated Monthly Payment **$3,932 / month**, assuming a 20% down payment ($119,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $3,029 - **Property Taxes**: $494 - **Common Charges**: $409 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 2 apartments at 245 Schaefer Street have recorded sales since September 2021, the most recent for $640,000 in August 2023. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 2-D (Duplex) | 1 | 750 | $640,000 | $853/ft² | August 22, 2023 | City record · MLS | | 4B (Duplex) | 2 | 911 | $740,000 | $812/ft² | December 10, 2021 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares - **This home**: $599,000 - **Median sold price**: $590,000 - **Difference**: +$9,000 (+1.5%) - **This home, $/ft²**: $1,000 - **Median $/ft²**: $1,050 - **Comparable sales**: 27 - **Sales from**: January 2025 – June 2026 - **Middle half of those sales**: $547,500 – $665,886 Based on condo one-bedroom sales in Bushwick. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Bushwick instead. ### How these sales were negotiated - **Sale-to-list price**: 100% (23 sales) - **Sold below asking**: 48% (23 sales) - **Typical time to find a buyer**: 40 days (24 sales) - **Typical time to close**: 69 days (21 sales) Based on condo one-bedroom sales in Bushwick with the required listing and closing data. Sample sizes vary by metric. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. ### Price trend Median sale price, condo and house one-bedroom sales in Bushwick | Year | Median sold price | Sales | | --- | --- | --- | | 2018 | $503,958 | 18 | | 2021 | $545,000 | 19 | | 2022 | $617,500 | 12 | | 2023 | $612,233 | 10 | | 2025 | $566,250 | 12 | | 2026 YTD | $640,000 | 18 | Based on recorded condo and house one-bedroom sales in Bushwick. 2026 is year-to-date. Sales data through June 2026. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 245 Schaefer Street](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/245-schaefer-street) ## Property Tax History Taxes at 245 Schaefer Street #2A were $5,932 in 2026, up 8.0% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $105,363 | $12,638 | $92,725 | $47,456 | $5,932 | 12.5% (estimated) | | 2025 (FY 2025/26) | $87,820 | $12,638 | $75,182 | $43,941 | $5,493 | 12.5% (estimated) | | 2024 (FY 2024/25) | $79,385 | $12,638 | $66,747 | $42,389 | $5,299 | 12.5% | | 2023 (FY 2023/24) | $66,154 | $12,638 | $53,516 | $42,389 | $5,299 | 12.502% | | 2022 (FY 2022/23) | $64,996 | $12,638 | $52,358 | $42,389 | $5,200 | 12.267% | | 2021 (FY 2021/22) | $51,983 | $12,638 | $39,345 | $40,396 | $4,942 | 12.235% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 3034241002. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 245 Schaefer Street 245 Schaefer Street, Brooklyn, NY 11207 A building in the neighborhood, currently featuring 1 active listing. - **Year Built**: 2018 - **Active Units**: 1 - **Floors**: 4 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/245-schaefer-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [2A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11207/245-schaefer-street-2a-ny-11207) | 1 | 1 | 599 sqft | $1,000 | $599,000 | Compass | Sep 8, 2026 | 21 days | ## Bushwick Overview of Bushwick [Explore Bushwick](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/bushwick) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Bushwick - [Ridgewood real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/ridgewood) - [Williamsburg real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/williamsburg) - [Crown Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/crown-heights) - [Glendale real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/glendale) - [Cypress Hills real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/cypress-hills) ## Related Links - [245 Schaefer Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/245-schaefer-street) - [Bushwick neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/bushwick) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.