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About This Home

This 0-bedroom, 0-bathroom residential multi family at 396 SHEPHERD AVE in Brooklyn, NY is listed for $2,499,000 ($441 per sqft). Built in 2021, the home offers 5,670 sqft of living space on a N/A lot.

Agent Description

Welcome to 396 Shepherd Avenue, a newly constructed, turnkey investment opportunity in the heart of Brooklyn. This modern 7-unit building features all one-bedroom apartments, thoughtfully designed to meet today's rental demand with efficient layouts and contemporary finishes throughout.

The property is fully occupied, offering immediate and stable cash flow with a strong annual gross income of $188,966. Each unit has been built to high standards, making this an ideal low-maintenance asset for investors seeking long-term appreciation and consistent returns.

Positioned in a growing neighborhood with strong rental demand, this brand-new construction eliminates the need for near-term capital improvements, allowing for a seamless, passive investment experience from day one. Whether you're expanding your portfolio or entering the Brooklyn multifamily market, 396 Shepherd Avenue represents a rare opportunity to acquire a fully stabilized, income-producing asset in a thriving location.

Key Features

  • Built in 2021
  • 4 stories

Property Details

4 stories
2021

Amenities

Basement

Monthly Cost Estimate

$13,365/mo

20% down · 6.5% · 30 years

Principal$1,807
Interest$10,829
Insurance$729

Estimates only. Actual payments may vary.

Location

396 SHEPHERD AVE

Brooklyn, NY 11208

Property Details

Parking

Garage

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 396 SHEPHERD AVE is listed at $2,499,000 ($441/sqft). The estimated monthly payment is $10,829 based on 20% down at 6.5% interest.

Key features include: Built in 2021, 4 stories.

This property is listed by NINA SABAG and can be reached at 8553053325 or nina@5brc.com.

NS

NINA SABAG

Agent at 5 BORO REALTY CORP

(855) 305-3325

Listed by 5 BORO REALTY CORP · View on Broker Site

MLS# 11738869· Source: listhub· Updated 28 days ago

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

396 SHEPHERD AVE, Brooklyn, NY 11208

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