THE CONDO BOOK PROJECT

107 Schaefer Street Condominium

107 Schaefer Street, Brooklyn, NY 11207

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Overview

Units
16 residential · 8 parking
Subway
8 min walk to Chauncey St J ZWilson Av L, 8 min
Principals
Eduard Nekatalov
Average $/sf
$1,136Homes in Schedule A, as first offered
Common charges
$437–$883 a monthSponsor's first-year estimate in Schedule A, October 1, 2026 – September 30, 2027
Offering price
$12.1 million total $11.6 million when first offered

The sponsor of record is 107 Schaefer LLC, represented by Jeffrey Zwick & Associates, P.C.. The offering plan runs 299 pages. The nearest other condo plan on file is 116 Covert Street Condominium, next door.

Plan CD250268 · New · accepted Jul 9, 2026 · AG record ↗

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FigureThis building132 Schaefer28 units · 0.2 miaccepted 2026Ten27320 units · 0.6 miaccepted 2025
Common ChargesPer Square Foot / Month$0.84Highest$0.67$0.59
Average Offering PricePer Apartment$729,375Below peers$737,522$822,000
Average PricePer Square Foot$1,136In line$1,110$1,154
Property TaxesPer Square Foot / Month$1.35Above peers$1.20$0.48
Average Unit SizeSquare Feet642 SFSmaller664 SF712 SF

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Unit mix, closings, budgets, finishes and the team, against 32 Schaefer and Ten27, cited to the offering plans. No credit card required.

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How We Got This
  • Comps: the closest Brooklyn plans on size, $/SF and launch date, within 2 miles when possible.
  • Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
  • Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
  • Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.

Budget

From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size

Team

Sponsor
107 Schaefer LLC
Principals
Eduard Nekatalov
Tax estimate
MGNY Consulting CorpPrepared the first-year real estate tax projection

From our research: Do NYC Developers Rehire the Same Firms?

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