184 Schaefer Street, Brooklyn, NY 11207
Local realty services provided by:CENTURY 21 Homefront
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:164 day(s) ago
- Updated:February 10, 2026 at 12:10 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
- Full bathrooms:6
- Flooring:Hardwood, Laminate
- Kitchen Description:Refrigerator, Stove
- Basement Description:Full, Unfinished
- 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
- Construction Materials:Brick
- Exterior Features:Back Yard
- Foundation Description:Poured Concrete
- Levels:3 Stories
Finances and disclosures
- Price:$890,000
- Price per sq. ft.:$186.27
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