184 Schaefer Street, Brooklyn, NY 11207

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184 Schaefer Street,Brooklyn, NY 11207
$890,000
  • 6 Beds
  • 6 Baths
  • 4,778 sq. ft.
  • Multi-family
  • Active
Listed by: david stephens
Office: geo real estate group inc
MLS#:495586
Source:BROOKLYN

Price summary

  • Price:$890,000
  • Price per sq. ft.:$186.27

About this home

Geo Real Estate Group has been exclusively retained to market 184 Schaefer St. Primely located in Bushwick within a short distance to the L train as well as multiple bus routes; this subject property is a fully leased rent stabilized building. The property is currently operating at a 7% cap rate with a net adjusted annual rent of $100,297. Annual expenses for current ownership are approximately $37,600 annually. A value add potential for long term new ownership exists via strategic vacancies and capital improvement. The building has an additional 1,100 sq. ft. of residual floor to area ratio presents a unique opportunity for investors looking to enter in a highly desirable submarket with a well performing asset.

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Home facts

  • Year built:1910
  • Listing ID #:495586
  • Added:93 day(s) ago
  • Updated:December 17, 2025 at 03:02 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:6
  • Full bathrooms:6
  • Living area:4,778 sq. ft.

Heating and cooling

  • Heating:Gas, Steam/Radiator

Structure and exterior

  • Roof:Flat
  • Year built:1910
  • Building area:4,778 sq. ft.
  • Lot area:0.06 Acres

Finances and disclosures

  • Price:$890,000
  • Price per sq. ft.:$186.27
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