190 Schaefer Street

$695,000

for sale

No longer available 6/30/2011

- ft²

2 rooms

Studio

0 baths

Rental unit
Bushwick

Seller's agent

Jean- Roody Hyacinthe

Halstead Real Estate

This home has been saved by 4 users.

Listing by Halstead Real Estate | MLS #: 168139

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Common charges

Not applicable

Estimated payment

$3,982/mo

Taxes

$283/mo

Tax abatement

No info

About

Seller’s agent

Jean- Roody Hyacinthe

Unknown

Halstead Real Estate

Description

Solid brick 6 family building on a quiet tree lined street. This building has 6 2 bedroom 1 bath apartments. The building and all of the individual apartments were recently renovated and offer updated electrical and plumbing work. The registered rent roll is $73,029 a year. WOW at that price, the seller is only asking for 9 1/2 times rent roll. The current rents are below market value for the area, and two leases are schedule to expire in early '09.

Policies

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Home features

Private outdoor space

Building amenities

No info on building amenities

About the building

190 Schaefer Street

190 Schaefer Street, Brooklyn, NY 11207

Rental building inBushwick

8 units

4 stories

1910 built

For sale

0 available units for sale

For rent

1 available units for rent

Documents and permits

View documents and permits

Learn more about 190 Schaefer Street

Property history

Price change: No changes
Days on market: 932 days

Date	Price	Event
6/30/2011	$695,000	No longer available
12/10/2008	$695,000	Listed by Halstead Real Estate
4/24/2010	$675,000	No longer available
4/3/2009	$675,000	Price decreased by 90%
3/24/2009	$6,750,000	Price increased by 893%

Explore Bushwick

Transit

Location	Distance
Lat Wilson Av	0.16 miles
Lat Halsey St	0.45 miles
JZat Chauncey St	0.47 miles
Jat Halsey St	0.5 miles
Lat Bushwick Av	0.52 miles

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About Bushwick

Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.

Sales

Median asking price

Studio

$499K

Rentals

Median asking base rent

Studio

$2,867

Bushwick has seen a lot of change over the years. In the early 1900s, it was known for its thriving distilleries and breweries. After those industries declined, it experienced a long period of blight through the 1970s and 1980s. Now the neighborhood is seeing a renaissance, as artists pushed out of Williamsburg and elsewhere move in and raise property values. Bushwick offers unconventional living spaces: The housing market is full of converted lofts in old factories, sometimes with great access to outdoor space.

Learn more about Bushwick