Kings  »  11237  »  Schaefer St  »  294 Schaefer St

294 Schaefer Street, Brooklyn, NY 11237 - Property report

Also known as: 294 Schaefer St

Property image for 294 Schaefer Street, Brooklyn, NY 11237
static Mapbox map

Property type

Over Six Families without Stores (C1)

Year built

1920

Lot sq. ft.

3,392

Sale price

$1,800,000

General information

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Address
Primary address
294 Schaefer Street
ZIP code
11237
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03431-0027

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
6,007
Building dimensions
24.7 ft x 60 ft
Buildings on lot
2
Stories
2
Year built
1920
Building material
Sales
Sale date
12/27/2022
Sale price
$1,800,000
Tax
Tax year
2026-2027
Property tax
$17,058
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
10
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
33.92 ft x 100 ft
Lot sq. ft.
3,392

Area overview

Walk score
77 /100.  Very Walkable
Transit score
96 /100.  Rider's Paradise
Bike score
68 /100.  Bikeable
School district
32
Community district
4
Closest police station
0.76 Miles
Closest fire station
0.31 Miles

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

Ownership information for 294 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 294 Schaefer Street, Brooklyn, NY 11237

Sale date Sale price Buyer name Seller name
12/27/2022 $1,800,000 XXX XXXXXXXX XXX XXXXXX, XXXXX XXX XXXXXX, XXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/08/2026 - R UCC3 Assignment
(2026040700750002)
XXX XXXXXXXX XXX XXXXXXXX XXXXXXXX XXXXXXX XXX
04/08/2026 - R UCC3 Assignment
(2026040700750001)
XXX XXXXXXXX XXX XXXXXXXX XXXXXXXX XXXXXXX XX XXX
12/30/2025 - R UCC3 Assignment
(2025123000634001)
XXX XXXXXXXX XXX XXXXXXXX XXXXXXXX XXXXXXX XXX
12/11/2025 - R
05/16/2025 - D
Asgn of Asgn of L&R
(2025121000712004)
XXXXXXXX XXXXXXXX XXXXXXX XXX XXX XXXXXXXX XXXXXXXX XXXXX XXXXXXXXXX
12/11/2025 - R
05/16/2025 - D
Assignment, Mortgage
(2025121000712003)
XXXXXXXX XXXXXXXX XXXXXXX XXX XXX XXXXXXXX XXXXXXXX XXXXX XXXXXXXXXX
12/11/2025 - R
05/16/2025 - D
Asgn of Asgn of L&R
(2025121000712002)
XXXXXXXX XXXXXXXX XXXXXXX XX XXX XXXXXXXX XXXXXXXX XXXXXXX XXX
12/11/2025 - R
05/16/2025 - D
Assignment, Mortgage
(2025121000712001)
XXXXXXXX XXXXXXXX XXXXXXX XX XXX XXXXXXXX XXXXXXXX XXXXXXX XXX
03/20/2025 - R Initial UCC1
(2025031900237010)
XXX XXXXXXXX XXX XXXXXXXX XXXXXXXX XXXXXXX XXX
03/20/2025 - R
03/11/2025 - D
Assignment, Mortgage
(2025031900237012)
XXXXXXXX XXXXXXXX XXXXXXX XXX XXXXXXXX XXXXXXXX XXXXXXX XX XXX
03/20/2025 - R
03/11/2025 - D
Asgn of Asgn of L&R
(2025031900237011)
XXXXXXXX XXXXXXXX XXXXXXX XXX XXXXXXXX XXXXXXXX XXXXXXX XX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 294 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
$17,058
Municipal exemptions
Recent tax assessments
Market value
$1,653,000
Assessed value
$743,850

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 $1,244,000 $559,800 $116,734 12.439% $14,521 $14,521 +187.96%
2024/25 $1,980,000 $118,800 $25,106 20.085% $5,043 $5,043 +6.00%
2023/24 $2,062,000 $123,720 $23,686 20.085% $4,757 $4,757 +3.78%
2022/23 $2,259,000 $135,540 $22,572 20.309% $4,584 $4,584 +7.71%
2021/22 $1,744,000 $104,640 $21,317 19.963% $4,256 $4,256 -5.13%
2020/21 $1,688,000 $101,280 $21,317 21.045% $4,486 $4,486 +1.30%
2019/20 $1,342,000 $80,520 $20,922 21.167% $4,429 $4,429 +7.26%
2018/19 $1,528,000 $91,680 $19,738 20.919% $4,129 $4,129 +7.68%
2017/18 $1,287,000 $77,220 $18,810 20.385% $3,834 $3,834 +7.98%
2016/17 $1,071,000 $64,260 $17,764 19.991% $3,551 $3,551 +2.23%

Permit information for 294 Schaefer Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/11/2025 Alt-CO - new building with existing elements to remain
11/08/2024 Alt-CO - new building with existing elements to remain
09/12/2024 Alt-CO - new building with existing elements to remain
08/22/2024 Alt-CO - new building with existing elements to remain
08/01/2024 Alt-CO - new building with existing elements to remain

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations for this property.

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% 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
Covert St & Wycoff Ave at NW Corner
Station lines
L
Distance (miles)
0.19

Access the detailed traffic volume map for 294 Schaefer Street, Brooklyn, NY 11237 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

Frequently asked questions

What is the year built for 294 Schaefer Street, Brooklyn, NY 11237?

The development at 294 Schaefer Street, Brooklyn, NY 11237 was built in 1920.

What is the total square footage of 294 Schaefer Street, Brooklyn, NY 11237?

294 Schaefer Street, Brooklyn, NY 11237 has a total of 6,007 square feet.

When was 294 Schaefer Street, Brooklyn, NY 11237 last sold and what was the sale price?

294 Schaefer Street, Brooklyn, NY 11237 was last sold on 12/27/2022 for $1,800,000.

What is the assessed value of 294 Schaefer Street, Brooklyn, NY 11237?

294 Schaefer Street, Brooklyn, NY 11237 is currently assessed at $743,850.

What are the property taxes for 294 Schaefer Street, Brooklyn, NY 11237?

The property taxes for 294 Schaefer Street, Brooklyn, NY 11237 total $17,058.

How many residential units does this building have?

This building has 10 residential unit(s).

Disclaimer

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