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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.
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
Amenities
Monthly Cost Estimate
$13,365/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
396 SHEPHERD AVE
Brooklyn, NY 11208
Property Details
Parking
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.








