Skip To Content

396 Shepherd Avenue

Brooklyn, NY 11208
  • $2,850,000
  • STATUS: Active
  • ON SITE: 167 Days
  • MLS #: L3560746
UPDATED: 219 min ago
$2,850,000
  • 8
    BEDS
  • 0.04
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2022
Area:

School Information

Elementary School:
Middle School:
School District:

Description

Newly built in 2022, this fully occupied, fully renovated multi-family property in East New York spans 4,823 sq. ft. over four stories with six units (seven apartments). The property features modern kitchens, energy-efficient systems, private outdoor spaces, a finished basement with laundry, great trigger to your yearly water charges. Off-street parking. Enjoy a 30-year tax abatement, a 6% cap rate, and zoning flexibility (R6A). Conveniently located near A and C subway lines, parks, schools, shopping, and dining. Excellent investment opportunity with strong rental income.

Monthly Payment Calculator



© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Edge. Data last updated: 2024-12-06T00:17:57.113.
www.remaxedgenyc.com/homes/151892815
Print Image

396 Shepherd Avenue Brooklyn, NY 11208

  • Price: $2,850,000
  • Status: Active
  • On Site: 167 Days
  • Updated: 219 min ago
  • MLS #: L3560746
8
Beds
7
Baths
0
½ Baths
0.04
Acres
2022
Built
Neighborhood:
New York
County:
Kings (Brooklyn)
Area:
New York
Elementary School:
Ps 114 Ryder Elementary
Middle School:
Ps 66
High School:
Acad For Conservation & Environment
School District:
Brooklyn 18
Property Description
Newly built in 2022, this fully occupied, fully renovated multi-family property in East New York spans 4,823 sq. ft. over four stories with six units (seven apartments). The property features modern kitchens, energy-efficient systems, private outdoor spaces, a finished basement with laundry, great trigger to your yearly water charges. Off-street parking. Enjoy a 30-year tax abatement, a 6% cap rate, and zoning flexibility (R6A). Conveniently located near A and C subway lines, parks, schools, shopping, and dining. Excellent investment opportunity with strong rental income.
Exterior Features

Architectural Style Other Construction Materials Other Cross Street Pitkin Levels Multi/Split Parking Features Off Street Parking Total 0 Pool Private YN No Property Attached YN No

Interior Features

Appliances Gas Water Heater Attic None Basement Details None Basement YN No Cooling Central Air Fireplace YN No Fireplaces Total 0 Num Of1 Bed Rooms 0 Num Of2 Bed Rooms 0 Num Of3 Bed Rooms 0 Num Of4 Bed Rooms 0 Number Of Heat Units 6 Number Of Kitchens 6 Rooms Total 10

Property Features

Additional Fees 0.00 Additional Fees YN No Additional Parcel YN No Association YN No Heating Other Lease Considered YN No Lot Size Area 1800 Lot Size Dimensions 18x100 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Property Condition New Construction Property Sub Type Multi Family Seasonal YN No Senior Community YN No Sewer Public Sewer Spa YN No Tax Annual Amount 298 Water Source Public

Listing courtesy of Marina Belorusets of 5 Boro Realty Corp: 855-305-3325
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Edge. Data last updated: 2024-12-06T00:17:57.113.
 
Logo
RE/MAX Edge
1812 Bath Ave
Brooklyn NY, 11214