236 Schaefer Street, Brooklyn, NY 11207
- $1,350,000
- 9
- BD
- 3
- BA
- List Price
- $1,350,000
- Days on Market
- 2
- MLS#
- 1033450
- Status
- ACTIVE
- Property Type
- Triplex
- Year Built
- 1915
- Property Tax
- $3,286
- Neighborhood
- Brooklyn
- School District
- Brooklyn 32
- High School
- Bushwick Leaders High School For Academic Excelle
- Jr. High
- Evergreen Ms-Urban Exploration
- Elementary School
- Ps/Is 45 Horace E Greene
Property Description
Excellent investment opportunity at 236 Schaefer Street in the highly sought-after Bushwick neighborhood! This well-maintained three-family property features three spacious 3-bedroom apartments plus a basement. The first-floor unit and basement are currently vacant, offering immediate flexibility for an owner-occupant or the opportunity to maximize rental income. The second and third-floor units each include 3 bedrooms and 1 full bathroom, with month-to-month tenants currently in place. The property is generating an estimated 3% cap rate, with the potential to approach 8% at market rents. Conveniently located near the Wilson Avenue and Halsey Street L train stations, the property offers easy access to Manhattan and other parts of Brooklyn. Residents can enjoy Bushwick’s thriving restaurant scene, local shops, supermarkets, parks, art galleries, and renowned street art. Whether you’re looking to expand your portfolio or offset your mortgage with rental income, this property offers outstanding value and significant upside potential.
Additional Information
- Bedrooms
- 9
- Bathrooms
- 3
- Full Baths
- 3
- Acres
- 0.05
- Parking
- On Street
- Basement
- Full, Unfinished
- Heating
- Baseboard, Hot Water
- Cooling
- Wall/Window Unit(s)
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Nicholas R. Charles (ncharles.realestate@gmail.com) from Listing Office: Global Xchange Realty, LLC.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.