




396 Shepherd Ave, Brooklyn, NY, 11208
About This Home
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.
Getting Around
Schools
Construction
Condition
- Year built: 2021
Notable Dates
- Major remodel year: 2021
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Full,Finished
Features
- Finished area above ground: 5,670
Heating
- Heating features: Has Heating (Unspecified Type)
Interior Area
- Total structure area: 5,670
- Total interior livable area: 5,670 sqft
Property
Details
- Parcel number: 040040022
- Lease amount: 0
Features
- Stories: 4
- Frontage length: 0
Lot
- Lot size: 1,800 sqft
