396 Shepherd Avenue East New York NY, 11208 Community District 18 SD# 18
$2,850,000
8 Beds / 7 Full Baths | ML# 3560746
Property Picture

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.

    Compass - Maria Orlandi
    Maria Orlandi Licensed Associate Real Estate Broker (631) 697-0474 maria.orlandi@compass.com