294 Schaefer Street, Brooklyn
Apartment building · 10 units · built c. 1920 · Block 3431, Lot 27.
Building permits
- Alteration, filed Mar 8, 2024, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Major Renovation — Enlargement, filed Dec 1, 2022, estimated cost $1.4M, 7 units added, 4 stories, described as “Proposed vertical extension on existing 2 story building, proposing 4 story plus penthouse residential building total of 10 apartments.”
Property taxes
- Assessment
- $743,850
- 2026–27 tax
- $17,058
- Market value (city estimate)
- $1,653,000
- Taxable value
- $137,136
- Assessed land
- $115,650
- Assessed improvements
- $628,200
Zoning
R6: floor area ratio 1.77 built, 2.43 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Dec 27, 2022: $1,800,000
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- Bushwick Neighborhood Plan (City Planning 2019K0199): Completed. This is an application for a 300-block section of Bushwick, Brooklyn, Community District 4 to create a thriving and inclusive Bushwick through preservation and creation of affordable housing, targeted investments in neighborhood…
In the news
Permits Filed for 294 Schaefer Street in Bushwick, Brooklyn, New York YIMBY, Dec 4, 2022.