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298 Schaefer Street, Brooklyn, NY 11237 Property Information

298 Schaefer Street, Brooklyn, NY 11237 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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298 Schaefer Street, Brooklyn, NY 11237 1
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Address

Primary address 298 Schaefer Street
Neighborhood Bushwick
Zip code 11237
Borough Brooklyn
Block & lot 03431-0043

Sales & Tax Overview for 298 Schaefer Street, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 01/11/2017
Purchase price $1,455,000
Tax class
Estimated property tax $22,873

Lot & Building Information for 298 Schaefer Street, Brooklyn

Lot sqft 2,200
Lot dimensions 22 ft x 100 ft
Building class Five to Six Families (C2) i
Building sqft 4,530
Building dimensions 22 ft x 80 ft
Buildings on lot 1
Stories 3
Year built 1906
Construction type
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Zoning & Use for 298 Schaefer Street, Brooklyn

Zoning
Residential units (DOF) 6
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 32
Community district 4
Closest police station 0.76 Miles
Closest fire station 0.32 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 298 Schaefer Street, Brooklyn

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Floor area ratio (FAR) for 298 Schaefer Street, Brooklyn, NY 11237, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 298 Schaefer Street, Brooklyn, NY 11237, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 298 Schaefer Street, Brooklyn

What is the year built & the total sq. ft. for 298 Schaefer Street, Brooklyn, NY 11237?

298 Schaefer Street, Brooklyn, NY 11237 was built in 1906 and has a total of 4,530 square feet.

What is the assessed value of 298 Schaefer Street, Brooklyn, NY 11237 and the property tax paid?

Assessed at $333,000, the tax amount paid for 298 Schaefer Street, Brooklyn, NY 11237 is $21,341. For the next year, the tax amount for 298 Schaefer Street, Brooklyn, NY 11237 is estimated at $22,873.

When was 298 Schaefer Street, Brooklyn, NY 11237 last sold and what was the last sale price?

298 Schaefer Street, Brooklyn, NY 11237 was last sold in 01/11/2017 for $1,455,000.

How many residential units does this building have?

This building has 6 residential unit(s).

Ownership Information for 298 Schaefer Street, Brooklyn

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Property owner name for 298 Schaefer Street, Brooklyn, NY 11237
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Building contacts for 298 Schaefer Street, Brooklyn, NY 11237
Building management:
Representatives (from permits):
Tenants:
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New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 298 Schaefer Street, Brooklyn

Create a free account to view the complete sales history for 298 Schaefer Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
01/11/2017 $1,455,000

Title Documents for 298 Schaefer Street, Brooklyn

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Date Type Amount Party 1 Party 2 Doc image
09/12/2023 - D
11/01/2023 - R
Assignment, Mortgage
(2023103001281001)
06/21/2023 - R UCC3 Termination
(2023062000316002)
06/20/2023 - D
06/21/2023 - R
Assignment, Mortgage
(2023062000316006)
06/20/2023 - D
06/21/2023 - R
Agreement
(2023062000316005)
06/20/2023 - D
06/21/2023 - R
Mortgage
(2023062000316004)
06/20/2023 - D
06/21/2023 - R
Assignment, Mortgage
(2023062000316003)
06/01/2023 - D
06/21/2023 - R
Termination of Assign of L&R
(2023062000316001)
09/29/2022 - R UCC3 Continuation
(2022092800198001)
03/30/2018 - R UCC3 Termination
(2018032601268002)
03/27/2018 - R Initial UCC1
(2018032600861005)
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R: Recorded date
D: Document date

Property Taxes for 298 Schaefer Street, Brooklyn

Access detailed property tax data for 298 Schaefer Street, Brooklyn, NY 11237. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $21,341
Estimated property tax: $22,873
Tax assessor's market value: $740,000
Assessed value: $333,000

Assessment History for 298 Schaefer Street, Brooklyn

Here's the assessment & property tax history for 298 Schaefer Street, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $740,000 $333,000 $171,568 12.439% $21,341 $21,341 +1.94%
2024/25 $925,200 $416,340 $167,486 12.5% $20,936 $20,936 +5.90%
2023/24 $771,000 $346,950 $158,137 12.502% $19,770 $19,770 +7.82%
2022/23 $788,000 $354,600 $149,477 12.267% $18,336 $18,336 +5.95%
2021/22 $795,000 $357,750 $141,449 12.235% $17,306 $17,306 +40.52%

Permits for 298 Schaefer Street, Brooklyn

The complete history of permits filed for 298 Schaefer Street, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
06/23/2017 Alteration type 3
05/05/2017 Alteration type 2
         
         
         
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q3/2025
$495
3.7% YoY
Median Price/Sqft Q2/2025
$503
7% YoY
Median Price/Sqft 2024
$470
2.1% YoY

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

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Covert St & Wycoff Ave at NW Corner
Station lines L
Distance (miles) 0.181
View subway map
Bus Routes
Name Irving Av/Covert St
Line B20
Distance (miles) 0.056

Neighbors for 298 Schaefer Street, Brooklyn

Here are the neighbors for 298 Schaefer Street, Brooklyn, NY 11237.

Address Square feet Purchase date Purchase price
1387 Decatur St, Brooklyn 1,791 07/24/2006
304 Schaefer St, Brooklyn 4,838 06/23/2014 $500,000
1339 Decatur St, Brooklyn 2,136 09/04/2025 $1,080,000
1341 Decatur St, Brooklyn 2,136 06/13/2006
314 Schaefer St, Brooklyn 4,838 10/03/1984
318 Schaefer St, Brooklyn 4,838 05/18/2007
320 Schaefer St, Brooklyn 4,838 04/09/2015
1333 Decatur St, Brooklyn 2,136 07/19/2024 $1,495,000
1355 Decatur St, Brooklyn 3,300 08/31/2017 $842,500
302 Schaefer St, Brooklyn 4,838 08/30/1999
1385 Decatur St, Brooklyn 1,807 12/01/2021
1327 Decatur St, Brooklyn 2,400 04/30/1999
1331 Decatur St, Brooklyn 2,136 04/12/2019 $1,140,000
1345 Decatur St, Brooklyn 2,200 10/15/1999
1329 Decatur St, Brooklyn 1,740 08/16/1984
1335 Decatur St, Brooklyn 2,136 06/14/1999
308 Schaefer St, Brooklyn 4,838 12/16/1977
310 Schaefer St, Brooklyn 4,838 01/06/2026 $1,950,000
1389 Decatur St, Brooklyn 2,880 04/19/2001
296 Schaefer St, Brooklyn 6,100 04/05/2016 $1,660,000
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