172 Schaefer Street, Brooklyn (Bushwick), NY, 11207 | $1,599,000

Boutique Designer Townhouse with Private Garden and Income-Producing Three Bedroom Rental

172 Schaefer Street is a beautifully restored and design-forward two-family townhouse set on a quiet residential block in Bushwick. Every room has been curated with a refined visual language that blends original prewar architecture with contemporary finishes. Exposed brick, custom millwork, detailed crown moldings, and layered textures create a warm and elevated environment throughout.

The owner's duplex spans the parlor level and the full lower level and features two bedrooms and two bathrooms, including a primary bedroom with an en suite bath. This level also includes a dedicated laundry room. The parlor floor offers a highly styled living room with tall ceilings, a striking exposed brick wall, custom trim work, and abundant natural light.

The lower level serves as the heart of the home with a kitchen, dining room, and den that open directly to the private garden. This floor provides generous space for entertaining, daily living, and a seamless indoor-outdoor connection that is rare at this price point.

The upper apartment is a fully independent three bedroom and two bathroom home with a washer dryer and a skylight that fills the space with natural light. This vacant unit is well-suited for strong rental income, multi-use living or a full creative suite. It offers flexibility and immediate usability with potential to personalize.

Set within one of Bushwick's most vibrant pockets, the townhouse is moments from cafés, local restaurants, creative studios, and neighborhood parks. The L, J, and Z trains offer an easy commute to Manhattan and greater Brooklyn.

172 Schaefer Street offers a character-rich home with designer interiors, a private garden, and flexible income opportunities in one of Brooklyn's most energetic neighborhoods.

Features

  • Town: Brooklyn
  • Amenities: Garden; Laundry Room;
  • Rooms: 14
  • Laundry: InUnit
  • Year Built: 1910
  • Cooling: Unknown Type
  • Service Level: None
  • Built Size: 17'x55'
  • OLR#: RLS20061623
  • Days on Market: 94 days
  • Website: https://www.raveis.com
    /prop/RLS20061623/172schaeferstreet_brooklyn_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Douglas Elliman Real Estate

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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172 Schaefer Street, Brooklyn (Bushwick), NY, 11207

$1,599,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,279,200 $1,279,200 $1,279,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.750% 5.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 5.973% 5.858% 5.681%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,867 $7,465 $10,452
Total Monthly Payment $6,992 $7,590 $10,577

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.