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Residence 2B at 107 Schaefer Street is a beautifully designed one-bedroom condominium offering the perfect balance of style, functionality, and value in the heart of Bushwick, Brooklyn.
Thoughtfully laid out for comfortable everyday living, this residence features premium finishes throughout, including elegant white oak flooring, striking PrinceStone tile, and sophisticated Calacatta Idillio quartz surfaces. The kitchen is outfitted with a curated suite of signature appliances by Bosch, along with Fisher & Paykel, delivering both exceptional performance and sleek, contemporary design.
With a smart and efficient floor plan, Residence 2B offers a bright and inviting living space that feels both spacious and practical- for a first-time homebuyer, investor, or anyone seeking an affordable opportunity to own in one of Brooklyn's most dynamic neighborhoods. Low monthly carrying costs make ownership even more attractive, providing long-term value and ease of living.
The building is equipped with a personal key-fob elevator system, offering an elevated level of privacy and exclusivity, as residents can only access their dedicated floor and common areas through private key-fob entry. Residents also enjoy access to a beautifully designed common roof deck with sweeping views of Manhattan, Brooklyn, and Queens-the perfect place to relax, entertain, or take in the skyline.
Conveniently located near multiple transportation options, 107 Schaefer Street offers easy access throughout Brooklyn, Manhattan, and beyond. Subway access includes Wilson Av just a short distance away, servicing the L train, as well as Chauncey St with access to the J and Z trains. Halsey St and MTA - Myrtle-Wyckoff Avenue Subway Station are also close by, providing additional access to the L and M lines, making commuting seamless whether heading into Williamsburg, Manhattan, or Queens.
Eight dedicated parking spaces are available within the building and are separately deeded, offered on a first-come, first-served basis. While not included with the residence, this rare convenience presents an excellent opportunity for buyers seeking the added value of private parking in this vibrant neighborhood.
Perfectly situated amid Bushwick's dynamic cultural scene, acclaimed dining, and artistic energy, Residence 2B at 107 Schaefer Street presents an exceptional opportunity to experience contemporary luxury with affordability, convenience, and long-term upside.
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.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
$649,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $519,200 | $519,200 | $519,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.324% | 6.398% | 5.614% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,071 | $3,197 | $4,208 |
| Total Monthly Payment | $3,163 | $3,289 | $4,300 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.