396 Shepherd Avenue

East New York, NY 11208
$2,850,000
8 beds | 7 baths | 0.04 acres | #3560746

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.

  • Interior Details
    • Heating & Cooling
      • Cooling:Central Air
      • Heating:Other
    • Beds & Baths
      • Bedrooms:8
      • Bathrooms:7
      • Full Baths:7
  • Property Details
    • Measurements
      • Acres:0.04
    • Parking
      • Parking features:Off Street
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:2022
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
  • Community and Neighborhood Details
    • Location
      • School district:Brooklyn 18
      • Elementary School:Ps 114 Ryder Elementary
      • Middle School:Ps 66
      • High School:Acad For Conservation & Environment
      • County:Brooklyn
  • Financial Details
    • Pricing Details
      • Original List Price:$2, 850, 000
      • Taxes annual:$298
  • Other
    • Source
      • MLS #:3560746

Location

Keller Williams LandmarkAsk Vinny Thompson team
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00