New York City  »  11207  »  Schaefer St  »  197 Schaefer St

197 Schaefer Street, Brooklyn, NY 11207 - Property report

Also known as: 197 Schaefer St

Property image for 197 Schaefer Street, Brooklyn, NY 11207
static Mapbox map

Property type

Two Stories Detached (Small or Moderate Size, with or without Attic) (A1)

Year built

1920

Lot sq. ft.

2,042

Sale price

$901,000

General information

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Address
Primary address
197 Schaefer Street
ZIP code
11207
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03423-0048

Owner

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Building
Property type
Two Stories Detached (Small or Moderate Size, with or without Attic) (A1)
Building sq. ft.
1,600
Building dimensions
16 ft x 56 ft
Buildings on lot
1
Stories
2
Year built
1920
Building material
Brick
Exterior wall
Brick/Masonary
Basement
4
Sales
Sale date
01/26/2021
Sale price
$901,000
Tax
Tax year
2026-2027
Property tax
$1,330
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
1
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Schaefer Street (narrow)
Nearest wide street
Bushwick Avenue
Distance to wide street
Lot dimensions
20 ft x 102.08 ft
Lot sq. ft.
2,042

Area overview

Walk score
86 /100.  Very Walkable
Transit score
97 /100.  Rider's Paradise
Bike score
75 /100.  Very Bikeable
School district
32
Community district
4
Closest police station
0.73 Miles
Closest fire station
0.08 Miles

View more such as transportation, nearby schools and risk designations.

Ownership information for 197 Schaefer Street, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 197 Schaefer Street, Brooklyn, NY 11207

Sale date Sale price Buyer name Seller name
01/26/2021 $901,000 XXX XXXXXXXX XX XXX XXXXXX, XXXXXX XXX XXXXXX, XXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/06/2021 - R
04/28/2021 - D
Zoning Lot Description
(2021042901423002)
XXX XXXXXXXX XX XXX
05/06/2021 - R
04/28/2021 - D
Certificate
(2021042901423001)
XXXXXXXXXX XXXXX XXXXXX XXX
04/01/2021 - R
03/29/2021 - D
Assignment, Mortgage
(2021033000324001)
XXXXX XXXXXXX XXXXXXXXXXX XXXX XXXX XXX X X
04/03/2023 - R
01/26/2021 - D
Mortgage
(2023040300190001)
XXX XXXXXXXX XX XXX XXXXXX XXXXXX
04/22/2021 - R
01/26/2021 - D
Deed
(2021022600157001)
XXXXXX XXXXXX XXX XXXXXXXX XX XXX
04/03/2007 - R
03/12/2007 - D
Satisfaction of Mortgage
(2007032000868002)
XXXXXX XXXXXXX XXXXX XXXX XXXXXXXXX XXX
04/03/2007 - R
03/12/2007 - D
Assignment, Mortgage
(2007032000868001)
XXX XXXXXX XXXXXXXX XXX XXXXXXXXXX XXXX XXXXX XXXX XXXXXXXXX XXX
03/30/2007 - R
03/01/2007 - D
Mortgage
(2007031901291001)
XXXXXX XXXXXX
05/17/2000 - R Mortgage
(3240007220924)
XXXXXX XXXXXX XXX XXXXXX XXXXXXXXXXX XXXXXXXXXX XXXX
05/17/2000 - R
03/31/2000 - D
Deed
(3900007221790)
XXXXXXX XXXXX XXXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 197 Schaefer Street, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$1,330
Municipal exemptions
Recent tax assessments
Market value
$1,236,000
Assessed value
$74,160

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $1,419,000 $85,140 $6,588 19.843% $1,307 $1,307 +4.44%
2024/25 $1,357,000 $81,420 $6,232 20.085% $1,252 $1,252 +5.43%
2023/24 $1,413,000 $84,780 $5,911 20.085% $1,187 $1,187 +4.63%
2022/23 $1,226,000 $73,560 $5,587 20.309% $1,135 $1,135 +1.76%
2021/22 $1,000,000 $60,000 $5,587 19.963% $1,115 $1,115 +29.86%
2020/21 $836,000 $50,160 $4,080 21.045% $1,155 $859 +6.95%
2019/20 $785,000 $47,100 $3,793 21.167% $1,099 $803 +10.73%
2018/19 $820,000 $49,200 $3,466 20.919% $1,030 $725 +11.64%
2017/18 $532,000 $31,920 $3,186 20.385% $949 $649 +4.60%
2016/17 $394,000 $23,640 $3,106 19.991% $931 $621 +6.02%

Permit information for 197 Schaefer Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/02/2021 Full demolition
04/02/2021 Demolition
03/17/2021 Alteration
01/22/2021 Alteration
01/21/2021 Alteration

*Most recent permits on record for this property.

More about New York City property records

HPD Violations

No recently recorded violations for this property.

Bushwick South residential market stats

Access a detailed real estate market overview of Bushwick South so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Bushwick South and compare it to other neighborhoods in Brooklyn.

Median sale price

Median price/sq. ft.

Brooklyn median sale price

$899,000

6% Y-o-Y

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Lirr Bay Ridge Divide & Wilson Ave at NW Corner
Station lines
L
Distance (miles)
0.184

Access the detailed traffic volume map for 197 Schaefer Street, Brooklyn, NY 11207 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. Is 384 Frances E Carter 3 Yes Public PK, K-8 346 0.15
P.S. Is 384 Frances E Carter 3 Yes Public PK, K-8 346 0.15
P.S. 151 Lyndon B Johnson 5 No Public PK, K-5 276 0.24
P.S. 151 Lyndon B Johnson 5 No Public PK, K-5 276 0.24
P.S. 45 Horace E Greene 5 No Public PK, K-8 491 0.26
P.S. 45 Horace E Greene 5 No Public PK, K-8 491 0.26
Bushwick Ascend Charter School 7 No Charter K-8 799 0.26
P.S. 106 Edward Everett Hale 2 No Public PK, K-5 356 0.36
P.S. 106 Edward Everett Hale 2 No Public PK, K-5 356 0.36
St. Marks Lutheran Schools NR No Private PK, K-8 0 0.38
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Evergreen Middle School-Urban Exploration 4 Yes Public 6-8 342 0.15
P.S. Is 384 Frances E Carter 3 No Public PK, K-8 346 0.15
P.S. 45 Horace E Greene 5 No Public PK, K-8 491 0.26
Bushwick Ascend Charter School 7 No Charter K-8 799 0.26
St. Marks Lutheran Schools NR No Private PK, K-8 0 0.38
Achievement First North Brooklyn Prep Charter School 7 No Charter K-8 851 0.45
Jhs 291 Roland Hayes 3 No Public 6-8 267 0.54
All City Leadership Secondary School 8 No Public 6-12 421 0.60
Our Lady of Lourdes School NR No Private PK, K-8 0 0.61
Robert E Peary School NR No Public PK, K-9 572 0.63
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Academy Of Urban Planning 5 No Public 9-12 403 0.51
Bushwick School for Social Justice 2 No Public 9-12 272 0.51
Academy for Environmental Leadership 2 No Public 9-12 275 0.51
Brooklyn School For Math And Research NR No Public 9-12 333 0.51
Math, Eng, Science Academy Charter High 5 No Charter 9-12 515 0.54
Bushwick Community High School 2 No Public 9-12 86 0.54
All City Leadership Secondary School 8 No Public 6-12 421 0.60
Brooklyn High School Law And Tech 3 No Public 9-12 549 0.69
Excellence Girls Charter School 5 No Charter K-12 1,050 0.87
Eagle Academy for Young Men II 6 No Public 6-12 599 0.94

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 197 Schaefer Street, Brooklyn, NY 11207?

The development at 197 Schaefer Street, Brooklyn, NY 11207 was built in 1920.

What is the total square footage of 197 Schaefer Street, Brooklyn, NY 11207?

197 Schaefer Street, Brooklyn, NY 11207 has a total of 1,600 square feet.

When was 197 Schaefer Street, Brooklyn, NY 11207 last sold and what was the sale price?

197 Schaefer Street, Brooklyn, NY 11207 was last sold on 01/26/2021 for $901,000.

What is the assessed value of 197 Schaefer Street, Brooklyn, NY 11207?

197 Schaefer Street, Brooklyn, NY 11207 is currently assessed at $74,160.

What are the property taxes for 197 Schaefer Street, Brooklyn, NY 11207?

The property taxes for 197 Schaefer Street, Brooklyn, NY 11207 total $1,330.

How many residential units does this building have?

This building has 1 residential unit(s).

Disclaimer

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