# 294 Schaefer Street, Brooklyn

Apartment building · 10 units · built c. 1920 · Block 3431, Lot 27.

On Umarelli: https://umarelli.org/nyc/3034310027/294-schaefer-street

More construction in Bushwick: https://umarelli.org/nyc/brooklyn/bushwick.md

## 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.

## Recent sales

- Dec 27, 2022: $1,800,000

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## 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](https://newyorkyimby.com/2022/12/permits-filed-for-294-schaefer-street-in-bushwick-brooklyn.html), New York YIMBY, Dec 4, 2022.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology