New Development Now on the market

Last updated on Mar 18, 2026

The Schae Condominium,
40 Schaefer Street

Boutique 10-unit condominium on the Bushwick/Bed-Stuy border with just two residences per floor for maximum privacy Features high-end finishes, in-unit laundry, and a common roof deck offering Manhattan skyline views Currently, 2 apartments are for sale.

All Apartments For Sale (2) $785 Avg. price/ft²
All Units in Building (10)

Apt. 1B
Quick view: 9 photos

1 bed

1.5 baths

1,145 ft²

$610

$699,000

Mar 17, 2026

5 days

Apt. 3A
Quick view: 7 photos

1 bed

1 bath

624 ft²

$960

$599,000

Mar 17, 2026

5 days

#1B: $699,000 - 1 bed

#3A: $599,000 - 1 bed

#1B: $699,000 - 1 bed

#3A: $599,000 - 1 bed

Overview of The Schae Condominium at 40 Schaefer Street

The Schae is a 10-unit boutique condominium located at 40 Schaefer Street, on the edge of Bushwick and Bedford-Stuyvesant. A red brick façade pays respectful tribute to its surroundings, and only two units per floor allow for excellent privacy.

All units feature high ceilings, floor-to-ceiling windows, gourmet kitchens, in-unit laundry, and central HVAC. Residential amenities include intercom entry, elevator, and common roof deck with views of the Manhattan skyline.

Doorman

None

Type

Condo

Year Built

2024

Apartments

10 (view all units)

Floors

Pets: Allowed

Neighborhood

Bushwick (Brooklyn)

Min Down

20%

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Amenities

Central AC
Intercom
Elevator
Rooftop Terrace
In-Unit Washer/Dryer

Area Map StreetView

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at Moffat and Broadway 0.18 miles

at De Sales Pl and Bushwick Ave 0.38 miles

at Hopkinson Ave and Fulton 0.48 miles

Pricing Comparison of Similar Buildings

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Editorial Coverage

Certificate of Occupancy: What it is and why it matters + 12 Newly-launched Brooklyn condo developments Friday, August 2, 2024

Alternate Address

40 Schaefer Street

The Greenwich by Rafael Vinoly

at the northwest corner of Thames Street

Financial District

Sun-drenched homes at the economic center of the world | Imminent occupancy

Studios starting at $1,110,000
1 beds starting at $1,495,000
2 beds starting at $2,505,000
3 beds starting at $4,450,000

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RLS IDX Data display by CityRealty.com, LLC. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

All closed sales data has been provided by the New York City Department of Finance via the Automated City Register Information System (ACRIS). No warranty or representation is made as to the accuracy of any data provided by ACRIS or any other sources.

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An equal housing opportunity

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District\/BPC","_fd"],"4":[40.682676,-73.973007,"Brooklyn","_b"],"12":[40.8444,-73.9376,"Upper Manhattan","_um"],"5":[40.7477089,-73.930411,"LIC \/ Queens","_qns"],"18":[40.8889782,-73.9025,"The Bronx","_bx"]}

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The Schae Condominium,40 Schaefer Street

Overview of The Schae Condominium at 40 Schaefer Street

Maps &3D Aerial Views

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Pricing Comparison of Similar Buildings

Editorial Coverage

Alternate Address

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The Schae Condominium,
40 Schaefer Street

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