x
Showing 1 of 0
X
Save

396 SHEPHERD AVE
Brooklyn NY 11208 US

$2,325,000

Active Listing ID 11738869
rule icon
5,670 square feet
lot icon
Lot: 0.04 Acres
home icon
Other

$2,325,000

Active Listing ID 11738869
Save

396 SHEPHERD AVE 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.

Collapse all

Property Features

  • Facts
  • Lot Size: 0.04 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 2325000
  • unparsedaddress: 396 SHEPHERD AVE
  • postalcity: Brooklyn
  • stateorprovince: NY
  • country: US
  • postalcode: 11208
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0413
  • lotsizeunits: Acres
  • lotsizearea: 0.0413
  • livingarea: 5670
  • livingareaunits: Square Feet
  • latitude: 40.674926
  • longitude: -73.88126
  • listagentfullname: Nina Sabag
  • listagentemail: nina@5brc.com
  • listagentkey: 3yd-NYSMLS-90936
  • listagentmlsid: 90936
  • listagentpreferredphone: 855-305-DEAL
  • listagentofficephone: 9177050005
  • listofficekey: 3yd-NYSMLS-8169
  • listofficemlsid: 8169
  • disclaimer: 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.
  • sourcesystemid: NYSMLS
  • yearbuilt: 2021
  • listingcontractdate: 2026-05-04
  • listagentfax: 3474022341
  • countyorparish: Kings
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 4
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -73.88126, 40.674927
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"5 BORO REALTY CORP", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"nina@5brc.com", "ListBrokerageCity":"BROOKLYN", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"5 BORO REALTY CORP", "ListBrokeragePhone":"855-305-DEAL", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2153 UTICA AVE", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":" 2153 UTICA AVE", "ListOfficeAddress2":"", "ListOfficeBrokerMlsId":"8169", "ListOfficeCity":"BROOKLYN", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"11234", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Brooklyn, NY", "ListingURL":"https://listings.listhub.net/pages/NYSMLS/11738869/?channel=rexren", "MLSModificationTimestamp":"2026-06-10 16:25:26", "Neighborhoods":[{"Description":null, "Name":"East New York"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":297, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/4/2026 7:54:46 PM GMT
Source Updated Date: 8/12/2026 12:56:16 AM GMT

Courtesy of: Nina Sabag, 5 BORO REALTY CORP, nina@5brc.com

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.