396 Shepherd Avenue$2,850,000
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396 Shepherd Avenue
House in East New York •  building info
8bd • 7ba • 1,800ft² $1,583 per ft²
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List Price

$2,850,000

Key Details
Days on market
195
Last price change
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Estimated payment
$16,238
Taxes
$25
Monthly maintenance
N/A
Description
Newly built in 2022, this fully occupied, fully renovated multi-family property in East New York spans 4,823 sq. ft. over four stories with six units (seven apartments). The property features modern kitchens, energy-efficient systems, private outdoor spaces, a finished basement with laundry, great trigger to your yearly water charges. Off-street parking. Enjoy a 30-year tax abatement, a 6% cap rate, and zoning flexibility (R6A). Conveniently located near A and C subway lines, parks, schools, shopping, and dining. Excellent investment opportunity with strong rental income.

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Building Amenities
Fios Available
Building info

History
What it'll cost
Purchase price
$2,850,000
Asking Price: $2,850,000
Term
30 Years
Down Payment
$285,000 (10%)
Min: 10% (285,000)
Rate
6.5 %
Mortgage Amount
$2,565,000
Mortgage Payment
$16,213
Taxes
$25
Estimated Yoreevo rebate

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Estimated closing cost
$103,000
Total monthly cost $16,238
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Listing Courtesy of 5 Boro Realty Corp

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