396 Shepherd Avenue

East New York

$2,850,000
Price
8
Beds
7
Baths
0 Sq. Ft.
/ Sq. Ft.
0
Sq. Ft.
per Sq. Ft.

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,...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.
  1. Listed by Marina Belorusets • 5 Boro Realty Corp
    P: (855)-305-3325 C: (929)-541-5530 marina@5brc.com

Property Details for 396 Shepherd Avenue

Township
Brooklyn
Architectural Style
Other
Garage Spaces
.00
Section Area
Pitkin
Offer Presentation
Can be Present
LISTING UPDATED: 06/25/2024 07:59 PM

Property Details for 396 Shepherd Avenue

StatusActive
MLS ID3560746
Days on Market152
Taxes$298 / year
Maintenance-
Min. Down Pymt-
Total Rooms10.0
Compass TypeMulti Family
MLS TypeMulti Family
Year Built-
Lot Size1,800 SF / 18' x 100'
CountyKings County

Building Information for 396 Shepherd Avenue

Stories-Residences-Year Built-Building Size0' x 0'Lot Size1,800 SF / 18' x 100'Building Age-Building Type-

Property Information for 396 Shepherd Avenue

Summary
Location and General Information
  • Senior Community YN: No
  • MLS Area Minor: 13
  • Property Attached: No
  • Structure Type: false
  • Levels: Three Or More
  • New Construction YN: Yes
  • Flood Zone Report: 1
  • Flood Zone Date: 2024-06-25
  • Lot Size Source: Other
  • Country: US
  • State Or Province: NY
School Information
  • School District: Brooklyn 18
  • Elementary School District: Brooklyn 18
  • Elementary School: Ps 114 Ryder Elementary
  • Middle Or Junior School District: Brooklyn 18
  • Middle Or Junior School: Ps 66
  • High School District: Brooklyn 18
  • High School: Acad For Conservation & Environment
Rental
Rental
  • Lease Considered: No
Unit Information
Unit Information
  • Number Of 1 Bedrooms: 6
  • Number Of 2 Bedrooms: 1
  • Building Units Total: 6
Room Information
Room 1 Information
  • Room Level: First
  • Room Type: Additional
  • RoomDescription 1: One 2 bedroom 1 bathroom unit
Room 2 Information
  • Room Level: Second
  • Room Type: Additional
  • Room Description: Two 1 bedroom 1 bathroom units
Room 3 Information
  • Room Level: Third
  • Room Type: Additional
  • Room Description: Two 1 bedroom 1 bathroom units
Room 4 Information
  • Room Level: Other
  • Room Type: Additional
  • Room Description: Two 1 bedroom 1 bathroom units
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 04004-0022
  • Tax Map Number: 04004-0022
Interior and Exterior Features
Interior Features
  • Amenities: Other, Public
  • Number Of Kitchens: 6.0
  • Total Rooms: 10
  • Living Area Units: Square Feet
  • Basement: None
  • Fireplaces Total: 0
  • Location Amenities: Other/See Remarks
  • Common Walls: No Common Walls
Exterior Features
  • Exterior Property Features: Off Street
  • Elevation Certificate: No
  • Construction Materials: Other
Lot Information
  • Lot Size Dimensions: 18x100
  • Building Area Units: Square Feet
Parking
  • Parking Features: Off Street
  • Parking Total: .00
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: Yes
  • Cooling: Central Air
  • Heating: Other
  • Heat Fuel Type: Other
  • Hot Water: Gas Stand Alone
  • Number Of Separate Gas Meters: 6
  • Sewer: Public Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 6
Green Features
  • Green Features: Other

Property History for 396 Shepherd Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 396 Shepherd Avenue

Taxable ValueLand-Additions-Total-
Home Facts
APN3040040022

Schools near 396 Shepherd Avenue

This home is within Nyc Geog District #19 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 345 Patrolman Robert Bolden
PublicPK to 5

Vista Academy
Public6 to 8

Liberty Avenue Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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396 Shepherd Avenue is a multi-family home for sale in East New York. This property was listed for sale on June 20, 2024 by 5 Boro Realty Corp, it's currently listed at $2,850,000. This listing's school district is Nyc Geog District #19 - Brooklyn. Nearby schools include P.S. 345 Patrolman Robert Bolden, Vista Academy and Transit Tech Career and Technical Education High School. 396 Shepherd Avenue is a 8-bed, 7-bath, 0 sqft multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of 5 Boro Realty Corp

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.