# 396 SHEPHERD AVE, Brooklyn, NY 11208

> **TL;DR:** residential multi family, $2,499,000 ($441/sqft), built 2021, 5,670 sqft.
> Basement. Est. $10,829/mo. Listed 28 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,499,000 |
| Price/sqft | $441 |
| Square Feet | 5,670 |
| Year Built | 2021 |
| Stories | 4 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 28 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $10,829 |
| **Total** | **$10,829** |

## Key Amenities

- Basement

## Property Highlights

- Built in 2021
- 4 stories

## Description

### 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.

## Location

- **Address:** 396 SHEPHERD AVE, Brooklyn, NY 11208
- **County:** Kings
- **Coordinates:** 40.674926, -73.88126
- **Google Maps:** https://www.google.com/maps?q=40.674926,-73.88126

## Listing Agent

- **Name:** NINA SABAG
- **Brokerage:** 5 BORO REALTY CORP
- **Phone:** 8553053325
- **Email:** nina@5brc.com

## Primary Photo

![396 SHEPHERD AVE - Primary Photo](http://lh.rdcpix.com/4273df9388bdf2cf398fb23b0f439a22l-f2931027570r.jpg)

*7 total photos available on [listing page](https://www.propertysimple.com/listing/396-shepherd-ave-brooklyn-ny-11208-11738869)*

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**MLS#:** 11738869 | **Updated:** 2026-06-19
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/396-shepherd-ave-brooklyn-ny-11208-11738869)

---

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