About This Home
This 0-bedroom, 0-bathroom commercial at 396 SHEPHERD AVE in Brooklyn, NY is listed for $2,325,000 ($410 per sqft). Built in 2021, the home offers 5,670 sqft of living space on a 0.04 acres lot.
Key Features
- Built in 2021
- 0.04 acre lot
- 4 stories
Property Details
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.
Monthly Cost Estimate
$12,435/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
396 SHEPHERD AVE
Brooklyn, NY 11208
East New York
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 396 SHEPHERD AVE is listed at $2,325,000 ($410/sqft). The estimated monthly payment is $12,434 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 2021, 0.04 acre lot, 4 stories.
This property is listed by Nina Sabag and can be reached at 855-305-DEAL.
