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296 Schaefer St
Brooklyn, NY 11237
5 of 6 Units Renovated & Free Market · Multifamily Property For Sale · 7 Units

INVESTMENT HIGHLIGHTS

  • 6 large residential units with air shafts allowing for natural layouts
  • 5 renovated free market units and 1 vacant, unrenovated, rent stabilized unit
  • Unit Mix includes five 3-bedroom units and one 2-bedroom unit
  • Rents projected to grow 20% in the next 12 months
  • As a Tax Class 2A, the building is protected from egregious tax increases
  • Two and a half blocks to L train Halsey Street station

PROPERTY FACTS

No. Units 7
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.05 AC
Building Size 6,100 SF
No. Stories 3
Year Built 1906
Zoning R6 - residential

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 7 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03431-0042
Land Assessment
$5,850
Improvements Assessment
$615,600
Total Assessment
$621,450
  • Listing ID: 26057859

  • Date on Market: 6/30/2022

  • Last Updated:

  • Address: 296 Schaefer St, Brooklyn, NY 11237

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