$2,850,000
Est. payment /mo
8 BD
7 BA
1,742 Sqft Lot
Active
396 Shepherd AVE East New York, NY 11208
UPDATED:
06/25/2024 11:59 PM
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
Originating Board onekey
Rental Info No
Year Built 2022
Annual Tax Amount $298
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 18x100
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
Basement None
Kitchen 6
Interior
Heating Other
Cooling Central Air
Fireplace No
Exterior
Garage Off Street
Parking Type Off Street
Garage false
Building
Sewer Public Sewer
Water Public
Level or Stories Three Or More
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
Senior Community No
Special Listing Condition None
Listed by 5 Boro Realty Corp • 855-305-3325