About 396 Shepherd Avenue
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.
Features of 396 Shepherd Avenue
| MLS® # | 3560746 |
|---|---|
| Price | $2,850,000 |
| Bedrooms | 8 |
| Bathrooms | 7.00 |
| Full Baths | 7 |
| Acres | 0.04 |
| Year Built | 2022 |
| Type | Residential |
| Sub-Type | Multi Family |
| Style | Other |
| Status | Active |
Community Information
| Address | 396 Shepherd Avenue |
|---|---|
| City | East New York |
| County | Brooklyn |
| State | NY |
| Zip Code | 11208 |
Additional Information
Listing Details
| Office | 5 Boro Realty Corp |
|---|---|
| Office Contact | 855-305-3325 |