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166 Schaefer St 3 Unit Apartment Building $1,349,000 ($449,667/Unit) Brooklyn, NY 11207

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Investment Highlights

  • Great investment property - a legal 2 family with 3 units and a full finished basement
  • Full Finished Basement with kitchenette and full bath
  • Large backyard and front yard
  • Roof was completely replaced 3 years ago
  • Each apartment features hardwood floors, eat-in kitchen, stainless steel appliances, granite countertops, windows in each room and high ceilings

Executive Summary

Legal 2 Family w/ Full Finished Basement & Backyard!
This great investment property is a legal 2 family with 3 units and a full finished basement located in the heart of Bushwick right between Wilson Ave and Central Ave. It is only 3 short blocks away from Wilson Ave L train station and Irving Square Park. Steps away from several bus stops. It is surrounded by stores, groceries, coffee shops, bars, and restaurants. 0.5 miles to Chauncey St J, Z train station.
This property is an investor’s dream. It features:
- Ground Floor: 2BR/1BA unit w/ private access to the backyard
- 2nd Floor: 3BR/1BA unit
- 3rd Floor: Renovated 4BR/1BA unit
- Full Finished Basement with kitchenette and full bath
- Each apartment features hardwood floors, eat-in kitchen, stainless steel appliances, granite countertops, windows in each room and high ceilings
- Large backyard and front yard
- Roof was completely replaced 3 years ago
Lot: 20 x 100 ft
Building: 20 x 45 ft
Zoning: R6
FAR: 1.35; Max FAR: 2.43
Taxes: $2,993/Yr
Don’t Miss This Great Opportunity!
Call TODAY for a Full Set Up!
Agata Landa 914-255-7284
Capri Jet Realty 718-388-2188
*Disclaimer: All Information provided is deemed reliable but is not guaranteed and should be independently verified.

Attachments

166 Schaefer St

Property Facts

Price $1,349,000
Price Per Unit $449,667
Sale Type Investment
Sale Conditions
1031 Exchange
  • Build to Suit
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Lot Size 0.05 AC
Building Size 2,700 SF
Average Occupancy 100%
No. Stories 3
Year Built 1915
Zoning R6

Amenities

Unit Amenities

  • Eat-in Kitchen
  • Hardwood Floors
  • Stainless Steel Appliances
  • Basement

Site Amenities

  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 1 - -
3+1 1 - -
4+1 1 - -
Walk Score®
Very Walkable (80)
Transit Score®
Rider's Paradise (96)
Bike Score®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
03429-0011
Land Assessment
$11,820
Improvements Assessment
$80,640
Total Assessment
$92,460
  • Listing ID: 39713026

  • Date on Market: 3/9/2026

  • Last Updated:

  • Address: 166 Schaefer St, Brooklyn, NY 11207

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