New York City » 11207 » Schaefer St » 242 Schaefer St

242 Schaefer Street, Brooklyn, NY 11207 - Property report

Also known as: 242 Schaefer St

Property image for 242 Schaefer Street, Brooklyn, NY 11207

Property type

Three Families (C0)

Year built

1915

Lot sq. ft.

2,000

Sale price

$318,000

General information

Address

Primary address

242 Schaefer Street

ZIP code

11207

Neighborhood

Bushwick

Borough

Brooklyn

Block & lot

03430-0022

Building

Property type

Three Families (C0)

Building sq. ft.

3,600

Building dimensions

20 ft x 60 ft

Buildings on lot

Stories

Year built

1915

Building material

Frame

Exterior wall

Aluminum/Vinyl

Basement

Sales

Sale date

08/27/2003

Sale price

$318,000

Tax

Tax year

2026-2027

Property tax

$2,827

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

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 100 ft

Lot sq. ft.

2,000

Area overview

Walk score

79 /100. Very Walkable

Transit score

97 /100. Rider's Paradise

Bike score

70 /100. Very Bikeable

School district

Community district

Closest police station

0.75 Miles

Closest fire station

0.19 Miles

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

Ownership

Ownership information for 242 Schaefer Street, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 242 Schaefer Street, Brooklyn, NY 11207

Sale date	Sale price	Buyer name	Seller name
08/27/2003	$318,000	XXXXXX, XXXXX X XXX XXXXXXXX, XXXXXX	XXXXX, XXXXX XXX XXXXX, XXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
09/19/2023 - R 09/12/2023 - D	Satisfaction of Mortgage (2023090700819001)	XXXXXXXX XXXXXX	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
08/15/2012 - R 02/27/2012 - D	Agreement (2012072001089001)	XXXXXXXX XXXXXX	XXXXX XXXXX XXXX X X
03/14/2012 - R 02/27/2012 - D	Agreement (2012030500652002)	XXXXXXXX XXXXXX	XXXXX XXXXX XXXX X X
03/14/2012 - R 02/27/2012 - D	Mortgage (2012030500652001)	XXXXXXXX XXXXXX	XXXXX XXXXX XXXX X X
05/02/2008 - R 04/23/2008 - D	Agreement (2008042901464004)	XXXXXX XXXXX X	XXXXX XXXXX XXXX XX
05/02/2008 - R 04/23/2008 - D	Mortgage (2008042901464003)	XXXXXX XXXXX X	XXXXX XXXXX XXXX XX
05/02/2008 - R 04/23/2008 - D	Deed (2008042901464001)	XXXXXX XXXXX X	XXXXXX XXXXX X
05/02/2008 - R 04/14/2008 - D	Assignment, Mortgage (2008042901464002)	XXXX	XXXXX XXXXX XXXX XX
02/20/2004 - R 12/18/2003 - D	Satisfaction of Mortgage (2003121801748001)	XXXXX XXXXX
02/20/2004 - R 12/04/2003 - D	Assignment, Mortgage (2003121801734001)	XXXXX XXXXXXXX XXXXXXXX XXXX	XXXXXXXX XXXXXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 242 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

$2,827

Municipal exemptions

Recent tax assessments

Market value

$2,080,000

Assessed value

$124,800

More about New York City property taxes

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	$1,582,000	$94,920	$14,198	19.843%	$3,099	$2,817	-0.76%
2024/25	$1,561,000	$93,660	$14,135	20.085%	$3,108	$2,839	+6.94%
2023/24	$1,422,000	$85,320	$13,218	20.085%	$2,936	$2,655	+6.00%
2022/23	$1,379,000	$82,740	$12,332	20.309%	$2,801	$2,505	+8.14%
2021/22	$1,065,000	$63,900	$11,599	19.963%	$2,603	$2,316	-5.17%
2020/21	$1,291,000	$77,460	$11,605	21.045%	$2,739	$2,442	+0.37%
2019/20	$1,200,000	$72,000	$11,496	21.167%	$2,730	$2,433	+8.49%
2018/19	$1,045,000	$62,700	$10,722	20.919%	$2,548	$2,243	+9.78%
2017/18	$1,010,000	$60,600	$10,023	20.385%	$2,343	$2,043	+9.71%
2016/17	$845,000	$50,700	$9,316	19.991%	$2,172	$1,862	+2.79%

Permits

Permit information for 242 Schaefer Street, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	04/11/2024	A
	03/24/2023	A
	03/02/2022	A

*Most recent HPD violations on record for this property.

Neighborhood

Bushwick North residential market stats

Access a detailed real estate market overview of Bushwick North so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Bushwick North 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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Lirr Bay Ridge Divide & Wilson Ave at NW Corner

Station lines

Distance (miles)

0.173

View subway map

Access the detailed traffic volume map for 242 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	0.11
P.S. Is 384 Frances E Carter	3	Yes	Public	PK, K-8	346	0.11
P.S. 151 Lyndon B Johnson	5	No	Public	PK, K-5	276	0.20
P.S. 151 Lyndon B Johnson	5	No	Public	PK, K-5	276	0.20
Bushwick Ascend Charter School	7	No	Charter	K-8	799	0.24
P.S. 45 Horace E Greene	5	No	Public	PK, K-8	491	0.37
P.S. 45 Horace E Greene	5	No	Public	PK, K-8	491	0.37
P.S. 106 Edward Everett Hale	2	No	Public	PK, K-5	356	0.39
P.S. 106 Edward Everett Hale	2	No	Public	PK, K-5	356	0.39
St. Marks Lutheran Schools	NR	No	Private	PK, K-8	0	0.50

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	0.27
P.S. Is 384 Frances E Carter	3	No	Public	PK, K-8	346	0.11
Bushwick Ascend Charter School	7	No	Charter	K-8	799	0.24
P.S. 45 Horace E Greene	5	No	Public	PK, K-8	491	0.37
St. Marks Lutheran Schools	NR	No	Private	PK, K-8	0	0.50
Achievement First North Brooklyn Prep Charter School	7	No	Charter	K-8	851	0.50
Robert E Peary School	NR	No	Public	PK, K-9	572	0.54
Jhs 291 Roland Hayes	3	No	Public	6-8	267	0.57
All City Leadership Secondary School	8	No	Public	6-12	421	0.59
Joseph F Quinn Intermediate School 77	2	No	Public	6-8	627	0.61

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Bushwick School for Social Justice	2	No	Public	9-12	272	0.50
Academy for Environmental Leadership	2	No	Public	9-12	275	0.50
Academy Of Urban Planning	5	No	Public	9-12	403	0.50
Brooklyn School For Math And Research	NR	No	Public	9-12	333	0.50
Bushwick Community High School	2	No	Public	9-12	86	0.57
Math, Eng, Science Academy Charter High	5	No	Charter	9-12	515	0.57
All City Leadership Secondary School	8	No	Public	6-12	421	0.59
Brooklyn High School Law And Tech	3	No	Public	9-12	549	0.80
Excellence Girls Charter School	5	No	Charter	K-12	1,050	0.98
Charles Churn Christian Academy	NR	No	Private	PK, K-12	0	1.04

Frequently asked questions

What is the year built for 242 Schaefer Street, Brooklyn, NY 11207?

The development at 242 Schaefer Street, Brooklyn, NY 11207 was built in 1915.

What is the total square footage of 242 Schaefer Street, Brooklyn, NY 11207?

242 Schaefer Street, Brooklyn, NY 11207 has a total of 3,600 square feet.

When was 242 Schaefer Street, Brooklyn, NY 11207 last sold and what was the sale price?

242 Schaefer Street, Brooklyn, NY 11207 was last sold on 08/27/2003 for $318,000.

What is the assessed value of 242 Schaefer Street, Brooklyn, NY 11207?

242 Schaefer Street, Brooklyn, NY 11207 is currently assessed at $124,800.

What are the property taxes for 242 Schaefer Street, Brooklyn, NY 11207?

The property taxes for 242 Schaefer Street, Brooklyn, NY 11207 total $2,827.

How many residential units does this building have?

This building has 3 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.