Triplex
236 Schaefer Street
Active · Kings (Brooklyn), NY 11207
- Bedrooms
- 9 Beds
- Bathrooms
- 3 Baths
- Year built
- 1915
- Est. monthly taxes
- $273.86
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About this home
Excellent investment opportunity at 236 Schaefer Street in the highly sought-after Bushwick neighborhood! This well-maintained three-family property features three spacious 3-bedroom apartments plus a basement. The first-floor unit and basement are currently vacant, offering immediate flexibility for an owner-occupant or the opportunity to maximize rental income. The second and third-floor units each include 3 bedrooms and 1 full bathroom, with month-to-month tenants currently in place. The property is generating an estimated 3% cap rate, with the potential to approach 8% at market rents. Conveniently located near the Wilson Avenue and Halsey Street L train stations, the property offers easy access to Manhattan and other parts of Brooklyn. Residents can enjoy Bushwick’s thriving restaurant scene, local shops, supermarkets, parks, art galleries, and renowned street art. Whether you’re looking to expand your portfolio or offset your mortgage with rental income, this property offers outstanding value and significant upside potential.
Listing snapshot
- Days on site
- 59 days
- Listed on MLS
- Aug 1, 2026
- Full baths
- 3
- Annual property tax (MLS)
- $3,286.28
- Tax year
- 2025
- Listing brokerage
- Global Xchange Realty, LLC
- MLS ID
- KEY1033450
- Last updated
- Sep 18, 2026
General features
- Property type
- Triplex
- Year built
- 1915
- Garage
- No
- Parking
- On Street
- Water source
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Trash Collection Public, Water Available, Water Connected
Interior features
- Basement
- Full, Unfinished
- Heating
- Baseboard, Hot Water
- Cooling
- Wall/Window Unit(s)
- Interior
- First Floor Bedroom, First Floor Full Bath
- Flooring
- Hardwood
- Fireplace
- Yes
Exterior features
- Construction materials
- Aluminum Siding, Vinyl Siding
- Private pool
- No
Schools (MLS)
- Elementary school
- Ps/Is 45 Horace E Greene
- Elementary school district
- Brooklyn 32
- Middle school
- Evergreen Ms-Urban Exploration
- Middle school district
- Brooklyn 32
- High school
- Bushwick Leaders High School For Academic Excelle
- High school district
- Brooklyn 32
School information is provided by the MLS. Confirm attendance eligibility with the school district.
Recent activity
- Listing updated from MLS
- First seen on this site
- MLS status changed
Location
Listing data is supplied by the MLS and may change without notice.