215 Schaefer Street
Bushwick, New York
$1,695,000 Price
8 Bedrooms   3.0 Baths

215 Schaefer Street, Bushwick, New York

Income-Producing 3-Family Investment Property - Prime Bushwick Location! This 19.5 x 100 property underwent an extensive renovation in 2021 resulting on a new CofO, this building offers modern upgrades, energy efficiency, and strong rental potential. The bottom floor will be delivered VACANT providing an opportunity...

Income-Producing 3-Family Investment Property - Prime Bushwick Location! This 19.5 x 100 property underwent an extensive renovation in 2021 resulting on a new CofO, this building offers modern upgrades, energy efficiency, and strong rental potential. The bottom floor will be delivered VACANT providing an opportunity for owner-occupancy or increased rental income. The first-floor unit is a newly renovated, ADA-compliant two-bedroom apartment featuring a private backyard and in-unit washer/dryer. The second-floor unit offers a spacious, updated three-bedroom layout, while the third floor boasts three bedrooms, two skylights, and a large terrace. Each residence showcases high ceilings, dishwashers, stainless steel appliances, hardwood floors, oversized windows, decorative fireplaces and exposed brick, blending modern and classic design elements seamlessly. Key Features: - Super High-Efficiency Boilers rated by National Grid, with integrated water heaters serving as combination heat and hot water units, ensuring optimal performance. - ADA-Compliant Apartment (#1) with lower light switches, intercom panel, a wheelchair-accessible bathroom with a 4-foot turning radius, grab bars, and a special pedestal for assistance. - Fireproof Building with concrete-poured staircases for enhanced safety. - Equipped with an RPZ valve to separate domestic water from the sprinkler system, along with a high-capacity ventilation system in the basement to ensure fresh air circulation and prevent carbon monoxide issues. - Hardwired Carbon Monoxide and Smoke Detectors connected to the circuit breaker panel, eliminating the need for battery replacements. Tenants pay their own electricity and gas, including electric bills for their in-unit washing machines. This property provides an unmatched combination of efficiency, safety, and modern living conveniences, making it a high-demand option for renters. Situated in the heart of Bushwick, this property offers easy access to public transportation L/ J/Z trains, only 25 minutes to Manhattan plus multiple bus lines. Bushwick is known for its trendy cafes, restaurants, and a vibrant arts scene. With proximity to parks and shops, this sought-after neighborhood continues to attract high-demand renters, making it a solid long-term investment.

Courtesy of Serhant

Floorplan for 215 Schaefer Street

Floorplan for 215 Schaefer Street

Calculate your Payments

Asking Price:

Percent Down:

Loan Amount:

Interest Rate:

Loan Term (years):

Estimated Mortgage Payment:

Monthly Real Estate Tax:

Total Monthly Payment:

* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Bushwick, New York
Type: Townhouse
Price: $1,695,000
Re Tax: $5,064
Web ID: 1086455751

Info & Amenities

Type: Townhouse
Rooms: 16.0
Bedrooms: 8
Bathrooms: 3.0
Woodburning fireplaces: 1
Washer and dryer: Yes
Built: 1899
Pets allowed: Yes

Get to Know Bushwick

Bushwick, Brooklyn, is a dynamic and ever-evolving neighborhood known for its vibrant street art, diverse community, and creative atmosphere.

More About Bushwick

Neighborhood Guide to Bushwick