396 Shepherd AVE Active

East New York,NY 11208

$ 2850000

8 Beds

7 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3560746

Style Other

Bedrooms 8

Full Baths 7

Year Built 2022

Annual Tax Amount $298

Lot Size 1,742 Sqft

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.

Location

State NY

County Brooklyn

Rooms

Kitchen 6

Interior

Heating Other

Cooling Central Air

Exterior

Garage Off Street

Building

Sewer Public Sewer

Water Public

Structure Type Other

New Construction Yes

Schools

Elementary Schools Ps 114 Ryder Elementary

Middle Schools Ps 66

High Schools Acad For Conservation & Environment

School District Brooklyn 18

Others

Special Listing Condition None

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