---
title: "40 Schaefer Street #1B, Brooklyn, NY 11207"
description: "40 Schaefer Street #1B, Brooklyn, NY 11207 — NYC real estate listing on Real Estate Rebate Team. Priced at $699,000. Est. potential buyer savings up to $17,475 (subject to buyer-broker compensation received, lender approval, and applicable law)."
url: "https://realestaterebatesnewyork.com/new-developments/newyorkcity/brooklyn/11207/40-schaefer-street-b-1B-ny-11207"
source: "Real Estate Rebate Team"
---

# 40 Schaefer Street #1B, Brooklyn, NY 11207

> **Listing Courtesy of:** Compass

## Description

Introducing Unit 1B at 40 Schaefer Street — a truly one-of-a-kind duplex residence with an expansive private backyard, offering the perfect blend of indoor-outdoor living at the intersection of Bedford-Stuyvesant and Bushwick.

This remarkable one-bedroom, one-and-a-half-bathroom home spans 1,145 square feet across two levels, including 634 square feet on the main floor and 511 square feet of versatile recreation space below, ideal for entertaining, working, or relaxing in style.

Step inside to find floor-to-ceiling Pella windows that flood the home with natural light, wide-plank hardwood floors, and tall ceilings with recessed lighting. The open-concept living area seamlessly connects to a sleek kitchen equipped with stainless steel appliances, custom cabinetry, and a waterfall peninsula with bar seating.

Downstairs, the spacious recreation level offers flexible living options—think media lounge, home gym, or workspace—and includes a convenient powder room. Upstairs, the king-size bedroom features a large closet and easy access to a beautifully tiled full bathroom with a modern vanity and glass-enclosed soaking tub.

But the real showstopper? A massive, private backyard oasis featuring pavers, lush artificial grass, custom bench seating, and planter boxes—perfect for summer gatherings, weekend brunches, or simply unwinding under the sky.

Additional highlights include an in-unit washer-dryer, central HVAC, and ample storage throughout.

40 Schaefer Street is a boutique new development with just two homes per floor, intercom entry, elevator, garbage chute, and a shared rooftop deck with sweeping Manhattan skyline views.

Located on a tree-lined residential street at the vibrant border of Bed-Stuy and Bushwick, you're moments from eclectic restaurants, nightlife, and art spaces, with easy access to Highland Park, Ridgewood Reservoir, and multiple subway lines including the J/Z, L, and A/C.

Please note, photos have been virtually staged.

## Property Details

- **Price**: $699,000
- **Potential Buyer Rebate**: $17,475
- **Bedrooms**: 1
- **Bathrooms**: 1 full, 1 half
- **Living Area**: 1,145 sqft
- **Property Type**: Residential
- **Year Built**: 2024
- **Building**: 40 Schaefer Street
- **Neighbourhood**: Bushwick
- **Area / Borough**: Brooklyn
- **Subdivision**: Bushwick
- **Listing Office**: Compass
- **State**: NY
- **Flags**: New Development, Sponsor Unit

## Estimated Potential Buyer Savings

Real Estate Rebate Team estimates potential buyer savings of up to **$17,475** at closing.

*Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.*

## Related Links

- [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/brooklyn/40-schaefer-street)
- [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/brooklyn/bushwick)
- [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact)

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> This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

> 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.