# 396 SHEPHERD AVE, Brooklyn, NY 11208 > **TL;DR:** commercial, $2,325,000 ($410/sqft), built 2021, 5,670 sqft. Est. $12,434/mo. Listed 134 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $2,325,000 | | Price/sqft | $410 | | Square Feet | 5,670 | | Year Built | 2021 | | Lot Size | 1,799 sqft (0.04 acres) | | Stories | 4 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 134 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $11,756 | | Estimated Insurance | $678 | | **Total** | **$12,434** | ## Property Highlights - Built in 2021 - 0.04 acre lot - 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 - **Neighborhood:** East New York - **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:** 855-305-DEAL - **Broker Phone:** 855-305-DEAL - **Listing URL:** [View original listing](https://listings.listhub.net/pages/NYSMLS/11738869/?channel=propsimple) ## Photos ![396 SHEPHERD AVE - Photo 1](http://lh.rdcpix.com/85b87c8485724c024393561bf8c929a8l-f2931027570r.jpg) ![396 SHEPHERD AVE - Photo 2](http://lh.rdcpix.com/85b87c8485724c024393561bf8c929a8l-f3052476656r.jpg) ![396 SHEPHERD AVE - Photo 3](http://lh.rdcpix.com/85b87c8485724c024393561bf8c929a8l-f2831511868r.jpg) ![396 SHEPHERD AVE - Photo 4](http://lh.rdcpix.com/85b87c8485724c024393561bf8c929a8l-f2305084064r.jpg) ![396 SHEPHERD AVE - Photo 5](http://lh.rdcpix.com/85b87c8485724c024393561bf8c929a8l-f954526321r.jpg) ![396 SHEPHERD AVE - Photo 6](http://lh.rdcpix.com/85b87c8485724c024393561bf8c929a8l-f839328738r.jpg) ![396 SHEPHERD AVE - Photo 7](http://lh.rdcpix.com/85b87c8485724c024393561bf8c929a8l-f1600078180r.jpg) --- **MLS#:** 11738869 | **Updated:** 2026-08-28 **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.ai/listing/396-shepherd-ave-brooklyn-ny-11208-11738869) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/396-shepherd-ave-brooklyn-ny-11208-11738869#listing", "url": "https://www.propertysimple.ai/listing/396-shepherd-ave-brooklyn-ny-11208-11738869", "name": "396 SHEPHERD AVE, Brooklyn, NY 11208", "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. 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